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$2,800,000

Beds
3
Baths
2.0
sq ft
1,928

406 SE 28th Ave, Pompano Beach, FL 33062

406 SE 28th Ave

Pompano Beach, FL 33062

  • 21 days on market
Discover the epitome of luxury living in this breathtaking Intracoastal home. Check off all your housing desires: 3 bed, 2 bath, 1 car garage, bonus den/office, pool and waterfront! This exquisite property offers the perfect blend of comfort, style and outdoor living with stunning water views. Enjoy 75 feet of waterfront with a private dock and a 25,000 lb boat lift. A sparkling pool with a heater and a large covered area provide the ultimate setting for entertaining and relaxing. The home boasts a massive paved driveway with plenty of space to park multiple vehicles or your boat trailer or RV. Property is located 3 miles to the Hillsboro Inlet giving easy access to the Atlantic Ocean with no fixed bridges. Dining, entertainment and beach close b

Details

Property type

Single Family Residence

Est. home value

$2,120,483

Lot size

0.26 acres

Price per sq ft

$1,453

Year built

1957

Annual property taxes

$30,194

Price History

08/28/2024
Beaches

Beaches #R11016308

Listed
$2,800,000
+90.48%
01/29/2021
Beaches

Beaches #F10263399

Sold
$1,470,000

Schools & Community

Neighborhood: 

Santa Barbara Estates

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,495,630
Asking price
$2,800,000
Closing costs (~8% of asking)
-$224,000
Est. remaining loan balance
-$1,080,370
Cash to seller
$1,495,630

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

January 2021

Original loan amount

$1,176,000

Est. remaining balance

$1,080,370

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Jeffrey D Montgomery and Joan Chung Montgomery

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: 09/18/2024 at 1:40 AM

Listing updated: 09/13/2024 at 1:36 PM

Listed by: Jennifer Collins, Coldwell Banker Realty /Delray Beach Phone #: (561) 278-0300

MLS: Beaches #R11016308

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