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$589,000

Beds
4
Baths
3.0
sq ft
1,314

8481 NW 11th St, Pembroke Pines, FL 33024

8481 NW 11th St

Pembroke Pines, FL 33024

  • 87 days on market
    • Price drop $6,000↓
Location is the cornerstone of every great investment. This single family home is located in a quiet, family-friendly neighborhood of Pembroke Pines, FL. This spacious residence offers 4 bedrooms, 3 modern bathrooms, contemporary kitchen with an open concept layout perfect for multi-generational living or rental income. Features include a circular driveway for convenience and ample parking. With a lease through February 28, 2025, this is an opportunity for investors or new buyers looking for high rental yields in an area with great schools. Contemporary kitchen, open concept layout, modern bathrooms, and additional storage shed in the backyard. Showings from Monday - Friday 9am-5pm & Saturdays 2:30pm-4:30pm. By appointment only.

Details

Property type

Single Family Residence

Est. home value

$717,607

Lot size

6,001 sq ft

Price per sq ft

$449

Year built

1968

Annual property taxes

$7,679

Price History

12/10/2024
SEF

SEF #A11667542

Price change
$589,000
-1.01%
09/27/2024
SEF

SEF #A11667542

Listed
$595,000
-9.85%
03/01/2024
SEF

SEF #A11462733

Removed
$659,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$163,329
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$378,551
Cash to seller
$163,329

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

April 2022

Original loan amount

$397,700

Est. remaining balance

$378,551

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Jennifer Reyes

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 2:30 AM

Listing updated: 12/18/2024 at 1:25 PM

Listed by: Washington Cabrera Andino, Potential Property Group Phone #: (305) 260-6300

MLS: SEF #A11667542

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