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$844,000

Beds
2
Baths
2.0
sq ft
1,360

1012 N Ocean Blvd Unit 1101, Pompano Beach, FL 33062

1012 N Ocean Blvd Unit 1101

Pompano Beach, FL 33062

  • 131 days on market
    • Price drop $5,000↓
Experience the ultimate in beachfront living with this stunning direct and corner oceanfront property in Pompano Beach! Revel in unobstructed views of the lighthouse to the Pompano Pier from your expansive wraparound balcony. This spacious open-plan unit features a large kitchen, dining, and living area, all offering breathtaking ocean views, plus a primary bedroom ensuite with the same stunning backdrop. Enjoy private beach access, a 24/7 bellman, a gym, and underground parking with a deeded spot close to the elevator. The unit also includes a full-size washer/dryer, a breakfast nook, a large second bedroom, walk-in closets, ample storage, and a beautifully maintained lobby and grounds. With the 40-year inspection complete and assessment paid, this is coastal living at its finest!

Details

Property type

Condominium

Est. home value

$948,991

Lot size

Unknown

Price per sq ft

$621

Year built

1971

Annual property taxes

$15,732

Monthly HOA fee

$984

Price History

11/08/2024
Beaches

Beaches #R11012408

Price change
$844,000
-0.59%
08/14/2024
Beaches

Beaches #R11012408

Listed
$849,000
-5.56%
04/24/2024
Beaches

Beaches #F10392805

Removed
$899,000

Schools & Community

Neighborhood: 

Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Senior community center: 

Yes

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

$161,341
Asking price
$844,000
Closing costs (~8% of asking)
-$67,520
Est. remaining loan balance
-$615,139
Cash to seller
$161,341

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

Seller’s Loan History

Lender

Wall Street Mortgage Bankers Ltd

Loan start date

June 2022

Original loan amount

$637,500

Est. remaining balance

$615,139

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Samuelle Klein Von Reiche

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?

Status: Active

Tomo last checked: 12/23/2024 at 10:05 AM

Listing updated: 12/10/2024 at 12:52 PM

Listed by: Keriann Worley, Douglas Elliman Phone #: (561) 245-2635

MLS: Beaches #R11012408

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