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$1,265,896Estimated home value

Beds
4
Baths
2.0
sq ft
2,086

981 SW 8th St, Boca Raton, FL 33486

981 SW 8th St

Boca Raton, FL 33486

  • Sold On 8/10/2022
This 4-bedroom, 2022 renovated pool home is situated on a canal just off of Sabal Palm Lake in Boca Square. Extensive renovations have been in the works including NEW 2022 impact glass windows and doors (to be completed Summer 2022), NEW landscaping and updated irrigation system, NEW Diamond Brite pool resurfacing and tile, NEW paint inside and out, NEW flooring including extra-wide plank European white oak wood flooring in all bedrooms and oversized 24x48 porcelain tile imported from Spain throughout the main living area. NEW solid slab interior doors, trim, and hardware, NEW millwork throughout, and NEW modern LIOHER Cabinetry throughout. New luxury appliances including GE Cafe 48'' Smart Built-in Refrigerator,

Details

Property type

Single Family Residence

Est. home value

$1,265,896

Lot size

8,237 sq ft

Price per sq ft

$623

Year built

1987

Annual property taxes

$3,894

HOA

Yes

Price History

03/31/2025
Beaches

Beaches #R11026753

Removed
$1,395,000
03/16/2025
Beaches

Beaches #R11026753

Price change
$1,395,000
-3.79%
10/05/2024
Beaches

Beaches #R11026753

Listed
$1,450,000
+11.62%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

$595,671
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$599,409
Cash to seller
$595,671

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

August 2022

Original loan amount

$647,200

Est. remaining balance

$599,409

Interest rate

5.81%

Loan type

New Conventional, 20 year

Seller

Jack Schwager and Jo Ann Schwager

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 7:10 PM

Listing updated: 02/04/2025 at 4:50 AM

Listed by: Megann Lucaj PA, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R10811948

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