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$850,000

Beds
2
Baths
2.0
sq ft
1,499

1370 S Ocean Blvd Unit 2606, Pompano Beach, FL 33062

1370 S Ocean Blvd Unit 2606

Pompano Beach, FL 33062

  • 108 days on market
    • Price drop $25,000↓
This TURNKEY beachfront condo nestled between Ritz-Carlton & Waldorf Astoria residences is a true gem. Floor-to-ceiling impact glass windows/doors offers breathtaking views of the Ocean & Intracoastal, creating a serene retreat just steps from the shore. The property provides top-notch security w/ 24-hour guards & gated access. A range of luxurious amenities awaits, including heated pool, spa, sauna, tennis/pickleball court plus so much more. Beachfront BBQ deck is perfect for gatherings, garage parking for 2 cars, 1 assigned, adds to convenience. The sky lounge's stunning coastline & city skyline panoramic views provides elegant space for unwinding or hosting guests. This condo truly embodies the pinnacle of luxury & comfort, making it ideal for those who seek the finest coastal living.

Details

Property type

Condominium

Est. home value

$663,395

Lot size

Unknown

Price per sq ft

$568

Year built

1977

Annual property taxes

$12,132

Monthly HOA fee

$1,600

Price History

10/07/2024
Beaches

Beaches #F10460063

Price change
$850,000
-2.86%
09/06/2024
Beaches

Beaches #F10460063

Listed
$875,000

Schools & Community

Neighborhood: 

Beach

Elementary school: 

Mcnab

Middle school: 

Pompano Beach

High school: 

Blanche Ely

Community features: 

Gated

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

$554,181
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$227,819
Cash to seller
$554,181

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

Seller’s Loan History

Lender

Bbmc Mortgage Llc

Loan start date

October 2015

Original loan amount

$282,239

Est. remaining balance

$227,819

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

Robert E Neely and Lucia O Neely

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: 12/23/2024 at 5:30 AM

Listing updated: 12/20/2024 at 10:25 AM

Listed by: Donna Caccioppo PA, CL International R.E. Group LLC Phone #: (954) 643-0007

MLS: Beaches #F10460063

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