Just Sold in Bel Aire, Laudedale by the Sea, FL
By Tom Day, EXP Realty - Pompano Beach & Greater Ft Lauder
(Waterfront Homes, Oceanside Condos,Investment Properties, Probate, REO. Covering Broward County)
I just closed today on my bank owned listing in the Bel Aire community of Lauderdale by the Sea, FL. It is a 3 bedroom home located on a canal with direct ocean access with no fixed bridges for boaters. It is also just a five minute walk to the beach. The home had an asking price of $469,900 and sold for $440,570. It needs remodeling, a new roof and landscaping It actually sold in a matter of weeks but ended up taking a long time to close due to code compliance issues and a hefty lien from the city for the associated fines. We had to get the sewer hooked up to the municipal system and then get the fines reduced, which amounted to well over $100,000. I got the fines reduced to $7600 and we finally closed today after being pending for most of the year. When it comes to selling real es...
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