tomo logo

$449,000

Beds
2
Baths
2.0
sq ft
1,000

1501 S Ocean Blvd Unit 226, Pompano Beach, FL 33062

1501 S Ocean Blvd Unit 226

Lauderdale By The Sea, FL 33062

  • 3 days on market
Beautifully renovated 2 Bed, 2 Bath Corner unit. Located in desirable Lauderdale by the Sea, just steps from the beach! Investor friendly: OK to lease 12x year/30-day min. 'Gardens by the Sea' is a very well taken care of community. They have recently passed their 50-year inspection, no Building work/assessments needed. Inside the unit is very bright & fresh. High end finishes throughout. All work permitted. Custom kitchen with s/s appliances, quartz counters, soft close cabinets & drawers. Porcelain tile floors throughout. Walkin closets in both rooms. Washer & dryer in unit! Hurricane Impact windows & doors. Private balcony overlooking green space. Pet friendly! Boutique building with heated pool, clubhouse, putting green &BBQS. Ample parking. Nearby restaurants, shops, groceries & parks

Details

Property type

Condominium

Est. home value

$410,718

Lot size

Unknown

Price per sq ft

$449

Year built

1973

Annual property taxes

$5,780

Monthly HOA fee

$850

Price History

01/22/2025
Beaches

Beaches #F10482663

Listed
$449,000
+49.67%
02/21/2019
Beaches

Beaches #F10155662

Sold
$300,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

90

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

$247,218
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$165,862
Cash to seller
$247,218

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

May 2020

Original loan amount

$225,000

Est. remaining balance

$165,862

Interest rate

2.77%

Loan type

New Conventional, 15 year

Seller

Deborah Fabian Strelkow and Peter Francis Strelkow

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: 01/24/2025 at 8:05 PM

Listing updated: 01/23/2025 at 2:00 PM

Listed by: Taylor Valente, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #F10482663

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