tomo logo

$380,000

Beds
3
Baths
2.5
sq ft
1,872

8507 Boca Rio Dr Unit 8507, Boca Raton, FL 33433

8507 Boca Rio Dr Unit 8507

Boca Raton, FL 33433

  • Coming soon
Rarely available model is one of the largest in the community, featuring a garage and a lakeview, which are major selling points. The newly renovated clubhouse, pool, and tennis courts add to the community's appeal, along with the pet-friendly atmosphere and low HOA fees. Plus, being in an A+ school district makes it even more desirable. Since the property needs updates (partial or full renovation), it could be a great opportunity for customization or investment.

Details

Property type

Townhouse

Est. home value

$458,261

Lot size

Unknown

Price per sq ft

$203

Year built

1986

Annual property taxes

$3,677

Monthly HOA fee

$452

Price History

07/06/2017
Beaches

Beaches #R10321866

Sold
$250,000

Schools & Community

Elementary school: 

Hammock Pointe

Middle school: 

Omni

High school: 

Spanish River Community

Number of units in community: 

224

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

$148,308
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$201,292
Cash to seller
$148,308

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

July 2017

Original loan amount

$237,500

Est. remaining balance

$201,292

Interest rate

4.02%

Loan type

New Conventional, 30 year

Seller

Svitalana Boychuk and Vitaliy Boychuk

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?

Status: Coming Soon

Tomo last checked: 02/22/2025 at 6:30 PM

Listing updated: 02/19/2025 at 4:10 PM

Listed by: Sergiy Serdyuk, Barr Agency Real Estate Phone #: (561) 560-6808

MLS: SEF #A11748382

SEF logo

Recently listed in Boca Raton