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$518,000

Beds
3
Baths
2.5
sq ft
2,222

87 Palm Ln, Royal Palm Beach, FL 33411

87 Palm Ln

Royal Palm Beach, FL 33411

  • 201 days on market
    • Price drop $7,000↓
Experience the epitome of contemporary living in Royal Palm Beach with this luxurious townhome located in Park Central at Cypress Key. Built in 2019, the property offers a modern open floor plan, three bedrooms, two and a half bathrooms, and a versatile flex space, making it perfect for an optional office space! Enjoy the convenience of a great location, close to shopping, dining, and parks, as well as access to a community pool and fitness center for resort-style living. Don't miss the chance to call this stylish, well-located residence home!

Details

Property type

Townhouse

Est. home value

$482,915

Lot size

1,394 sq ft

Price per sq ft

$234

Year built

2019

Annual property taxes

$4,576

Monthly HOA fee

$330

Price History

09/19/2024
Beaches

Beaches #R10979275

Price change
$518,000
-1.33%
04/18/2024
Beaches

Beaches #R10979275

Listed
$525,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$223,200
Asking price
$518,000
Closing costs (~8% of asking)
-$41,440
Est. remaining loan balance
-$253,360
Cash to seller
$223,200

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2021

Original loan amount

$272,000

Est. remaining balance

$253,360

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Gertuda Petronella Margaretha Hubertina Devens

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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Price drop
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$525,000
3 bd
|
2.5 ba
|
2,218 sq ft
|
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12128 Cypress Key Way, Royal Palm Beach, FL 33411

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$580,000
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2.5 ba
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2,525 sq ft
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71 Palm Ln, Royal Palm Beach, FL 33411

Status: Active

Tomo last checked: 11/05/2024 at 3:25 AM

Listing updated: 09/30/2024 at 4:08 PM

Listed by: Alison Barens, Equestrian Sotheby's International Realty Inc. Phone #: (561) 771-2626

MLS: Beaches #R10979275

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