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$448,000

Beds
1
Baths
1.5
sq ft
1,116

1620 S Ocean Blvd Unit 15L, Pompano Beach, FL 33062

1620 S Ocean Blvd Unit 15L

Pompano Beach, FL 33062

  • 65 days on market
    • Price drop $12,000↓
Fully Furnished Ocean Front 1 Bedroom 1 1/2 Bath Condo. This expansive home features new kitchen appliances, remote-controlled blinds, tile throughout, and an in-unit washer and dryer. The oversized living room has plenty of space to serve as an additional sleeping area for guests and has a built-in Murphy Bed. You'll love the spectacular city & Intracoastal views. This well-maintained community offers an Ocean-front pool, sauna, exercise room, game room, library, shuffleboard, grilling area, covered parking, storage room, 24-hour security with a gated entry, and shared Aquazul tennis courts. It's also passed the 40-year inspection and completed substantial renovations to common areas.

Details

Property type

Condominium

Est. home value

$445,462

Lot size

Unknown

Price per sq ft

$402

Year built

1971

Annual property taxes

$6,098

Monthly HOA fee

$979.33

Price History

05/16/2024
Beaches

Beaches #F10436979

Price change
$448,000
-2.61%
05/03/2024
Beaches

Beaches #F10436979

Listed
$460,000
+2.34%
03/12/2024
Beaches

Beaches #F10409886

Removed
$449,500

Schools & Community

Elementary school: 

Mcnab

Middle school: 

Pompano B.Middle

High school: 

Northeast

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

$184,178
Asking price
$448,000
Closing costs (~8% of asking)
-$35,840
Est. remaining loan balance
-$227,982
Cash to seller
$184,178

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

May 2021

Original loan amount

$243,750

Est. remaining balance

$227,982

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Charles Covington and Cyrill Jones

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: 07/07/2024 at 6:55 PM

Listing updated: 07/07/2024 at 1:34 AM

Listed by: Carlos Mahone, Redfin Corporation Phone #: (305) 520-7399

MLS: Beaches #F10436979

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