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$500,000

Beds
2
Baths
2.0
sq ft
1,290

328 N Ocean Blvd Unit 607, Pompano Beach, FL 33062

328 N Ocean Blvd Unit 607

Pompano Beach, FL 33062

  • 276 days on market
    • Price drop $50,000↓
Best priced unit in the building. Direct ocean view. Partially updated. Impact front doors. Accordion shutters. Amenities: heated pool, grill area, bike storage, exercise room, shuffle boards, community room for parties and events, storage. Onsite management. Please review the pictures to appreciate all this unit and community offer. Bermuda House is steps to the sandy beach, beach restaurants, shopping and the fishing pier. Central location a short drive to Fort Lauderdale or Boca Raton. Publix within walking distance. Pompano Air Park and Pompano Community Park (Tennis, Basket Ball, Baseball, Soccer, Pool...) are 2 miles away. 10 min to WholeFoods and Pompano Citi Centre Mall. No rent 1st year of ownership & min 4mo 1x/yr after. No Pets. Building has reserves and passed​​‌​​​​‌​‌​​​‌‌​​​‌‌‌​​‌​​‌‌​​​​ inspections.

Details

Property type

Condominium

Est. home value

$623,407

Lot size

Unknown

Price per sq ft

$388

Year built

1968

Annual property taxes

$2,241

Monthly HOA fee

$1,025

Price History

06/15/2024
SEF

SEF #A11469628

Price change
$500,000
-9.09%
04/09/2024
SEF

SEF #A11469628

Price change
$550,000
-3.34%
02/28/2024
SEF

SEF #A11469628

Price change
$569,000
-5.01%

Schools & Community

Neighborhood: 

Beach

Elementary school: 

Pompano Bch Elem

Middle school: 

Pompano B.Middle

High school: 

Ely

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

$184,258
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$275,742
Cash to seller
$184,258

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2023

Original loan amount

$280,250

Est. remaining balance

$275,742

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Mark Semak and Laura Martinez

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: 07/16/2024 at 9:30 PM

Listing updated: 06/26/2024 at 12:44 PM

Listed by: Ben Giordano, The Best Waterfront Realty Phone #: (561) 929-9955

MLS: SEF #A11469628

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