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$481,000

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

Lauderdale By The Sea, FL 33062

  • 90 days on market
    • Price drop $2,000↓
*** If you're looking for a place right on the beach, this turn-key furnished unit offers the perfect location at the right price. This spacious (more than 1,100 square feet) one-bedroom, one-and-a-half-bathroom condo features a large living room with a pullout bed for extra guests. Located on the ocean side of A1A, this well-known building offers a range of amenities and social activities, making it a great community to live in and enjoy life to the fullest. Residents can take advantage of the beautiful pool deck, gym, sauna, and 24-hour security. Plus, it's conveniently close to shops and restaurants.

Details

Property type

Condominium

Est. home value

$445,462

Lot size

Unknown

Price per sq ft

$432

Year built

1971

Annual property taxes

$6,098

Monthly HOA fee

$980

Price History

11/19/2024
Beaches

Beaches #F10457995

Price change
$481,000
-0.41%
10/26/2024
Beaches

Beaches #F10457995

Price change
$483,000
-0.41%
08/24/2024
Beaches

Beaches #F10457995

Listed
$485,000
+8.26%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$216,789
Asking price
$481,000
Closing costs (~8% of asking)
-$38,480
Est. remaining loan balance
-$225,731
Cash to seller
$216,789

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

$225,731

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: 11/22/2024 at 3:50 PM

Listing updated: 11/19/2024 at 2:34 AM

Listed by: Aymee Kranjcec, Coldwell Banker Realty Phone #: (954) 527-5900

MLS: Beaches #F10457995

Beaches logo