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$512,100Estimated home value

Beds
4
Baths
2.0
sq ft
1,820

850 SW 31st Ave, Fort Lauderdale, FL 33312

850 SW 31st Ave

Fort Lauderdale, FL 33312

  • Sold On 10/23/2023
*NO HOA* - IF YOUR LOOKING FOR A HOME THAT IS MOVE IN READY AND BRAND NEW, THIS ONE IS FOR YOU. INCREDIBLE OPPORTUNITY IN THE HEART OF FT.LAUDERDALE, ONLY 15 MINUTES AWAY FROM THE HARDROCK GUITAR HOTEL & 10 MINUTES FROM LAS OLAS, MAKING IT A PERFECT INCOME-PRODUCING PROPERTY FOR LONG-TERM TENANTS OR DAILY RENTALS. HOME OFFERS 4 BEDROOMS - 2 BATHROOMS - 1 OFFICE + PRIVATE ADDITIONAL ROOM WITH PRIVATE ENTRANCE THAT CAN BE USED AS AN IN LAWS QUARTERS OR FOR A FIRST HOME OWNER LOOKING TO GENERATE ADDITIONAL INCOME. HOME IS FULLY UPGRADED WITH BRAND NEW FLOORS, BATHROOMS, KITCHEN, APPLIANCES AND IMPACT WINDOWS AND DOORS, ROOF IS 2018. SELLER IS MOTIVATED AND READY TO SELL! SEND YOUR OFFERS. LOCKBOX IS LOCATED IN THE REAR DOOR OF THE HOME. HOME IS VIRTUALLY STAGED.

Details

Property type

Single Family Residence

Est. home value

$512,100

Property condition

New Construction

Lot size

9,384 sq ft

Price per sq ft

$286

Year built

1960

Annual property taxes

$5,000

Price History

03/25/2025
SEF

SEF #A11679281

Removed
$689,900
10/20/2024
SEF

SEF #A11679281

Listed
$689,900
+33.96%
10/23/2023
SEF

SEF #A11454347

Sold
$515,000
+53.73%

Schools & Community

Neighborhood: 

Melrose Manors

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

$126,437
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$351,963
Cash to seller
$126,437

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

Seller’s Loan History

Lender

Trusted Mortgage Capital Inc

Loan start date

October 2023

Original loan amount

$357,000

Est. remaining balance

$351,963

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Ariagna Rodriguez Vazquez

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: Off Market

Tomo last checked: 04/01/2025 at 9:10 PM

Listing updated: 10/23/2023 at 1:14 PM

Listed by: Mariangela Jattin, Luxe Properties Phone #: (305) 809-7650

MLS: SEF #A11454347

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