tomo logo

$5,000,000

Beds
5
Baths
6.0
sq ft
4,021

850 Washington St, Hollywood, FL 33019

850 Washington St

Hollywood, FL 33019

  • 111 days on market
Built in 2021 This beautifully designed home is located in an exclusive area of South Lake in Hollywood Beach on a 100’ waterfront lot with direct ocean access seconds away from the Intracoastal. The house spans a total of 5,000 Sq Ft, with 3,660 Sq Ft of living area, 5 bedrooms, 5 full and 2 half bathrooms, 2 balconies. The property sits on a 12,000 Sq Ft lot with a sparkling pool and a new boat dock. Top-quality build by Sagewood Construction, exquisite designer finishes, Florense kitchen and baths, Miele appliances add to an appeal that makes this magnificent property stand out from the rest. The 2-car garage is complemented by a carport and a large driveway that can fit multiple cars. Waterfront new construction Top-quality build by Sagewood Construction.

Details

Property type

Single Family Residence

Est. home value

$3,718,169

Property condition

New Construction

Lot size

0.28 acres

Price per sq ft

$1,244

Year built

2022

Annual property taxes

$73,381

Price History

10/11/2024
SEF

SEF #A11650186

Removed
$5,000,000
10/08/2024
SEF

SEF #A11650186

Listed
$5,000,000
10/04/2024
SEF

SEF #A11650186

Removed
$5,000,000

Schools & Community

Neighborhood: 

Hollywood Lakes

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

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

$2,185,841
Asking price
$5,000,000
Closing costs (~8% of asking)
-$400,000
Est. remaining loan balance
-$2,414,159
Cash to seller
$2,185,841

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

Seller’s Loan History

Lender

E Mortgage Capital Inc

Loan start date

June 2021

Original loan amount

$2,609,000

Est. remaining balance

$2,414,159

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Ahmad M Amer

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?

Similar Homes Nearby

SEF
$4,250,000
6 bd
|
5.5 ba
|
4,702 sq ft
|
House

992 Sanibel Dr, Hollywood, FL 33019

SEF
$5,300,000
4 bd
|
4.5 ba
|
5,071 sq ft
|
House

728 Tyler St, Hollywood, FL 33019

SEF
$4,500,000
4 bd
|
4 ba
|
House

900 Washington St, Hollywood, FL 33019

Status: Active

Tomo last checked: 12/22/2024 at 3:50 PM

Listing updated: 12/14/2024 at 4:35 AM

Listed by: Marby Borges Garcia, Truth Real Estate, LLC. Phone #: (305) 709-4044

MLS: SEF #A11650186

SEF logo

Recently listed in Hollywood