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$550,000

Beds
2
Baths
2.0
sq ft
1,426

1401 S Ocean Blvd Unit 707, Pompano Beach, FL 33062

1401 S Ocean Blvd Unit 707

Pompano Beach, FL 33062

  • 60 days on market
    • Price drop $30,000↓
Ocean and sunset views in this luxurious 2/2 condo, plus a Den and an office, access to private beach club, hurricane impact windows/doors, washer/dryer and Bosch a/c unit. The open concept living area has natural light, while the chef’s kitchen boasts Samsung appliances, granite countertops, and plenty of cabinetry. The spacious living room flows onto the balcony, perfect for the sunrise, sunsets and ocean sounds. The spacious master bedroom has an office, the Den offers space for a media room, or guest room. One covered parking space with plenty of guest parking. Boat slips up to 36' to lease at a reasonable price. Hallways and lobby being remodeled. Full reserves with no upcoming assessments. The resort-style building includes a fitness center, heated pool with beach access and club.

Details

Property type

Condominium

Est. home value

$487,856

Lot size

Unknown

Price per sq ft

$386

Year built

1972

Annual property taxes

$4,014

Monthly HOA fee

$1,158

Price History

03/21/2025
Beaches

Beaches #F10484272

Price change
$550,000
-5.17%
03/06/2025
Beaches

Beaches #F10484272

Price change
$580,000
-3.17%
02/15/2025
Beaches

Beaches #F10484272

Price change
$599,000
-4.16%

Schools & Community

Neighborhood: 

Beach

Elementary school: 

Mcnab

Middle school: 

Pompano Beach

High school: 

Northeast

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

$155,077
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$350,923
Cash to seller
$155,077

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

January 2023

Original loan amount

$360,000

Est. remaining balance

$350,923

Interest rate

6.49%

Loan type

New Conventional, 30 year

Seller

Andreia Santana

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: 04/02/2025 at 4:15 PM

Listing updated: 03/28/2025 at 4:36 AM

Listed by: Cynthia Booth, Always Be Closing Realty LLC Phone #: (954) 895-5538

MLS: Beaches #F10484272

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