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$1,550,000

Beds
3
Baths
2.0
sq ft
2,526

921 Paseo Palmera, West Palm Beach, FL 33405

921 Paseo Palmera

West Palm Beach, FL 33405

  • 136 days on market
    • Price drop $90,000↓
Exceptionally rare opportunity with the possibility for a timely closing! This grand, Mediterranean/Spanish style 3 bedroom, 2 Bath pool home that was built in 1921, plus guest house and expansive garage is just waiting for you! This gem sits on a huge double lot or 0.3297 acres. It is located in the historic Vedado neighborhood, near and east of I-95, minutes to Palm Beach International Airport and only 1.8 miles straight east over the intracoastal to S. Ocean Blvd, Palm Beach. The area is experiencing a fast-moving revival, east of I95 and off of Southern Blvd. The popular Antique Row on Dixie Hwy is only a few minutes' drive, as well as the Norton Museum, shopping at The Hive, Cityplace and Clematis Street, as well as the acclaimed Worth Avenue.

Details

Property type

Single Family Residence

Est. home value

$1,122,622

Lot size

0.33 acres

Price per sq ft

$614

Year built

1921

Annual property taxes

$8,911

Price History

11/15/2024
Beaches

Beaches #R11003864

Price change
$1,550,000
-5.49%
10/01/2024
Beaches

Beaches #R11003864

Price change
$1,640,000
-6.82%
09/10/2024
Beaches

Beaches #R11003864

Price change
$1,760,000
-6.88%

Schools & Community

Neighborhood: 

Vedado

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Tennis Court(s)

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

$944,982
Asking price
$1,550,000
Closing costs (~8% of asking)
-$124,000
Est. remaining loan balance
-$481,018
Cash to seller
$944,982

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

Seller’s Loan History

Lender

Embrace Home Loans Inc

Loan start date

October 2021

Original loan amount

$516,000

Est. remaining balance

$481,018

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Paul Cassettari and Lisette Cassettari

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: 11/22/2024 at 5:55 AM

Listing updated: 11/15/2024 at 10:15 AM

Listed by: Walter M Henigman, Coldwell Banker Realty Phone #: (561) 622-5000

MLS: Beaches #R11003864

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