tomo logo

$699,000

Beds
2
Baths
2.0
sq ft
1,450

111 N Pompano Beach Blvd Unit 813, Pompano Beach, FL 33062

111 N Pompano Beach Blvd Unit 813

Pompano Beach, FL 33062

  • 85 days on market
    • Price drop $26,000↓
DIRECT OCEAN!! Beautiful 2 bedroom condo located in the highly desirable Sea Monarch Condominium in the newly renovated Pompano Beach. This unit has spectacular ocean views right from your kitchen and master bedroom. The unit is fully renovated with porcelain tile floors, quartzite counters, stainless steel appliances, eat in kitchen, and an office nook. This unit boasts walk-in closets, in-unit washer and dryer, and impact window and doors throughout. Enjoy direct ocean views of Pompano Beach's newly constructed pier. Steps away from new restaurants, shops, and hotels. This unit has 24-hour security and a covered catwalk entrance into the unit.

Details

Property type

Condominium

Est. home value

$749,728

Lot size

Unknown

Price per sq ft

$483

Year built

1970

Annual property taxes

$10,939

Monthly HOA fee

$1,023

Price History

09/22/2024
Beaches

Beaches #R11016844

Price change
$699,000
-3.59%
08/30/2024
Beaches

Beaches #R11016844

Listed
$725,000
+17.89%
10/28/2021
Beaches

Beaches #R10741926

Sold
$615,000
+75.71%

Schools & Community

Neighborhood: 

Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$185,312
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$457,768
Cash to seller
$185,312

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

Seller’s Loan History

Lender

United Nations Fcu

Loan start date

October 2021

Original loan amount

$490,000

Est. remaining balance

$457,768

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

James E Oconnell Iii and Kimberly A Oconnell Iii

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: 11/22/2024 at 10:45 PM

Listing updated: 09/30/2024 at 4:02 PM

Listed by: Michael Patrick Downey, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R11016844

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