5575 Fairway Park Drive 1020, Boynton Beach, FL 33437

$64,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,380 Status: Closed

Current Price: $64,000 List Date: 10/22/2009 Last Modified: 7/16/2026

Overview

Description

***BANK FORECLOSURE*** Not a short sale! Bank is motivated to sell this property. First floor, spacious condo located near the community pool. Large, screened patio with serene, parklike views. Great value! Gated community with amenities. ***BANK FORECLOSURE*** Property is sold ''AS-IS''. Initial offers must be submitted on a FAR/BAR ''AS-IS'' contract with a 7 day inspection period. Earnest money deposit is held in escrow with Illustrated Properties RE, subsequent to offer acceptance by both parties. Offers must be submitted with proof of funds or Wells Fargo lender pre-qualification letter. Final offer is contingent upon buyer's acceptance of bank contract document. Listing must be active in MLS for five full days before offers can be submitted to bank.

Listing Details MLS# R3060434

General Property Information

Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1380
Living Area Main: 1380
Year Built: 1980
Senior Community YN: Yes
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Direction Faces: North
Pool Private YN: No
Builder Model: Chateau REO
Furnished: Negotiable

Property Features

Association Fee Includes: Cable TV; Common Areas; Common Real Estate Tax; Insurance; Maintenance Grounds; Security; Trash Dining Area: Dining/Living Room Electric: Three Phase Flooring: Carpet; Ceramic Tile Parking Features: Assigned; Guest Property Condition: New Construction Special Listing Conditions: Real Estate Owned Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Cooling: Central Air Association Type: Condominium Heating: Central; Electric Interior Features: Bedroom Layout - Split; Storage; Walk-In Closet(s) Levels: Multi/Split Listing Terms: Cash; Conventional Membership: Golf Equity Available; Other Membership Available; Tennis Membership Available Pets Allowed YN: No Possession: Negotiable Security Features: Gated with Guard; Security Patrol; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: County Only Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Source: Public Water View: Canal Outdoor Living Spaces: Patio Patio Details: Patio - Screened Room Types: Bedroom 2; Dining Room; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 71900

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 5575
Street Name: Fairway Park
Street Suffix: Drive
Unit Number: 1020
City Name: Boynton Beach
State Or Province: FL
Postal Code: 33437
Postal Zip: 33437
Subdivision Name: Fairway Park Condo 01-32
Development Name: INDIAN SPRING
Area: 4610
Geographic Area: PB14
Special Assessment YN: Yes
Parcel Number: 00424535150111020
Zoning: RES
Directions: EL CLAIR RANCH RD TO INDIAN SPRING GATE #5, 2ND RT INTO FAIRWAY PARK, 2ND R

Financial Information

Association YN: Yes
Association Fee: 357
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Tax Annual Amount: 1980
Tax Year: 2008
Tax Legal Description: Fairway Park Condo 01-32 Lot: Blk:11 Lot SqFt:43560 Frontage: Depth:

Status Change Information

Major Change Timestamp: 2009-10-22T05:00:01Z
Major Change Type: New Listing
Status Change Date: 2009-12-24
Under Contract Date: 2009-11-20
Close Date: 2009-12-21
Close Price: 64000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Short Sale Details

Short Sale Addendum: No

Price Calculations

Current Price To SqFt: 46.37
Original List Price To Close Price: 1.12

Originating Details

Originating System Key: 20130205071532005381000000
Originating System ID: M00000170

Room Information

Room Name	Length	Width
Bedroom 2	13.00	11.00
Dining Room	10.00	12.00
Kitchen	10.00	14.00
Living Room	25.00	18.00
Master Bedroom	15.00	13.00

Listing Office: Illustrated Properties

Last Updated: July - 16 - 2026

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5575 Fairway Park Drive 1020, Boynton Beach, FL 33437 (MLS# R3060434)