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$577,165Estimated home value

Beds
2
Baths
2.0
sq ft
1,200

111 N Pompano Beach Blvd Unit 1805, Pompano Beach, FL 33062

111 N Pompano Beach Blvd Unit 1805

Pompano Beach, FL 33062

  • Off market
Welcome to your stunning oceanfront escape! This beautiful 2 bedroom, 2 bathroom bright and updated unit boasts awe-inspiring sunrises and panoramic ocean views. Entertain guests in the open and professionally designed kitchen with high-end Stainless Steel appliances including the wine cooler and plenty of storage. The unit includes in unit laundry, impact windows, tile and engineered wood flooring, updated bathrooms and a large storage room. Sea Monarch is the ideal place to live situated conveniently within a short stroll to the Pompano Beach Pier, dining spots and sandy shores. Added perks include front-row seats to Pompano Beach's dazzling fireworks displays, captivating drone shows, and lively jazz festivals - all from the serenity of your own abode.

Details

Property type

Condominium

Est. home value

$577,165

Lot size

Unknown

Price per sq ft

$575

Year built

1970

Annual property taxes

$6,635

Monthly HOA fee

$918

Price History

08/06/2024
SEF

SEF #A11529645

Removed
$690,000
02/06/2024
SEF

SEF #A11529645

Listed
$690,000
+79.22%
03/03/2017
Beaches

Beaches #F10035010

Sold
$385,000
+20.31%

Schools & Community

Neighborhood: 

Beach

Elementary school: 

Pompano Bch Elem

Middle school: 

Pompano B.Middle

High school: 

Blanche Ely

Number of units in community: 

238

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

$393,503
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$241,297
Cash to seller
$393,503

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

September 2020

Original loan amount

$271,000

Est. remaining balance

$241,297

Interest rate

2.88%

Loan type

New Conventional, 26 year

Seller

Joseph F Mcdonald and Janet S Mcdonald

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: Off Market

Tomo last checked: 10/05/2024 at 9:10 PM

Listing updated: 07/29/2024 at 10:54 AM

Listed by: Devika Muruga, RE/MAX Select Group Phone #: (954) 905-2772

MLS: SEF #A11529645

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