tomo logo

$465,000

Beds
2
Baths
2.0
sq ft
1,045

1401 N Riverside Dr Unit 507, Pompano Beach, FL 33062

1401 N Riverside Dr Unit 507

Pompano Beach, FL 33062

  • 252 days on market
BEAUTIFUL INTRACOASTAL CORNER UNIT, ONE BLOCK FROM THE BEACH! MOVE IN PERFECT 2 BD 2 BATH condo located directly on the the Intracoastal. Unit has amazing views. Master Suite faces the Intracoastal waterway, with walk-in closet, master bath with tub. All impact windows. A beautiful, certified 84 unit Boutique building. Heated swimming pool, barbecue grill and Tiki Hut. Well equiped fitness room, iconic, waterview club room with a kitchen, male and female private saunas, library and game room. Unit comes with one assigned covered parking spot and a storage unit. Well managed, well maintained building, recent HOA fee reduction. Ample Reserve Funds. New roof, impact windows and doors. Building located close to sandy beaches, restaurants, shops, major airports. All ages! Move in ready!!

Details

Property type

Condominium

Est. home value

$443,025

Lot size

Unknown

Price per sq ft

$445

Year built

1975

Annual property taxes

$7,467

Monthly HOA fee

$834

Price History

12/06/2024
Beaches

Beaches #F10446244

Price change
$465,000
+0.22%
11/18/2024
Beaches

Beaches #F10446244

Price change
$464,000
+0.22%
10/14/2024
Beaches

Beaches #F10446244

Price change
$463,000
-0.22%

Schools & Community

Neighborhood: 

Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$170,786
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$257,014
Cash to seller
$170,786

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

January 2022

Original loan amount

$275,000

Est. remaining balance

$257,014

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Joseph Orlando and Marlene Orlando

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: 02/22/2025 at 9:10 PM

Listing updated: 01/28/2025 at 12:55 PM

Listed by: Syl MacDonald, LoKation Phone #: (954) 545-5583

MLS: Beaches #F10446244

Beaches logo

Recently listed in Pompano Beach

$329,000|2 bd|2.0 ba|House

Explore top cities in Florida