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$775,000

Beds
2
Baths
2.0
sq ft
1,781

1340 S Ocean Blvd Unit 1407, Pompano Beach, FL 33062

1340 S Ocean Blvd Unit 1407

Pompano Beach, FL 33062

  • 18 days on market
Stunning views from this high floor wrap around ocean front corner residence. Day and night , enjoy splendid sunrises, amazing sunsets, and mesmerizing city lights. Nicely designed and updated including hurricane impact windows and doors, split bedrooms, large covered patio, smooth finished ceilings-no popcorn and freshly painted. The Claridge building is undergoing a complete modern transformation, including contemporary redesign of the lobby, fitness center, chic social room and resort style amenities. Building 50 YEARS INSPECTION COMPLETED, concrete restoration, exterior painting, fire rated doors and elevator modernization completed. The Claridge is located in Pompano Beach's coveted Golden mile. PRESENT ALL OFFERS!

Details

Property type

Condominium

Est. home value

$695,505

Lot size

Unknown

Price per sq ft

$436

Year built

1972

Annual property taxes

$15,947

Monthly HOA fee

$1,200

Price History

12/05/2024
Beaches

Beaches #R11042575

Listed
$775,000
-2.52%
11/06/2024
Beaches

Beaches #F10438862

Removed
$795,000
08/22/2024
Beaches

Beaches #F10438862

Price change
$795,000
-0.61%

Schools & Community

Neighborhood: 

Beach

Elementary school: 

Mcnab

Middle school: 

Pompano Beach

High school: 

Unknown

Community features: 

Pool, Park

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

$262,080
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$450,920
Cash to seller
$262,080

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 Wholesale Mortgage

Loan start date

February 2024

Original loan amount

$455,000

Est. remaining balance

$450,920

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Guillermo Ferrer and Lucina Ferrer

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: 12/22/2024 at 7:10 PM

Listing updated: 12/22/2024 at 10:55 AM

Listed by: Ewa Prussin, Century 21 Stein Posner Phone #: (561) 756-9945

MLS: Beaches #R11042575

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