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$550,000

Beds
2
Baths
2.0
sq ft
1,487

1340 S Ocean Blvd Unit 1109, Pompano Beach, FL 33062

1340 S Ocean Blvd Unit 1109

Pompano Beach, FL 33062

  • 4 days on market
Experience coastal living at its best in Pompano! This well-maintained beach condo features recent updates and includes a washer/dryer, perfect for full or part-time living with leisurely renovations. The guest bath boasts an updated vanity, shower doors, and toilet, while the master bath is fully remodeled. Upgrades include AC, hot water heater, electric panel, and impact windows throughout. The kitchen offers quality cabinets and granite countertops, with potential to open up and add an island for entertaining. Enjoy proximity to shopping, dining, Harrah’s Casino, and Top Golf, offering an unparalleled lifestyle.

Details

Property type

Condominium

Est. home value

$521,824

Lot size

Unknown

Price per sq ft

$370

Year built

1972

Annual property taxes

$9,688

Monthly HOA fee

$1,200

Price History

07/01/2024
Beaches

Beaches #F10448798

Listed
$550,000
-4.35%
03/16/2024
Beaches

Beaches #F10423672

Removed
$575,000
03/14/2024
Beaches

Beaches #F10423672

Price change
$575,000
-4.17%

Schools & Community

Neighborhood: 

Beach

Elementary school: 

Mcnab

Middle school: 

Pompano B.Middle

High school: 

Ely

Number of units in community: 

198

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

$314,742
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$191,258
Cash to seller
$314,742

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2022

Original loan amount

$200,000

Est. remaining balance

$191,258

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Phillip Dimonda and Judy Wuerth

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?

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Status: Active

Tomo last checked: 07/05/2024 at 12:10 AM

Listing updated: 07/02/2024 at 9:19 PM

Listed by: Lauren Ring, One Sotheby's Int'l Realty Phone #: (954) 522-2831

MLS: Beaches #F10448798

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