tomo logo

$495,000

Beds
2
Baths
2.0
sq ft
1,140

525 N Ocean Blvd Unit 815, Pompano Beach, FL 33062

525 N Ocean Blvd Unit 815

Pompano Beach, FL 33062

  • 70 days on market
    • Price drop $25,000↓
Rarely available corner unit in sought after Silver Thatch Atlantic Plaza. This amazing 2 bedroom 2 balcony water view unit is located in the desirable Pompano Beach area of South Florida. Unit features 2 king size bedrooms. Brand New stainless steel appliances in updated kitchen with tastefully done marble countertops. Complete with floor to ceiling impact windows. 2 assigned parking spaces. Building boasts resort style amenities including tennis court, bocce ball court, 2 Olympic size swimming pools, a gym and totally redesigned BBQ and recreational areas.

Details

Property type

Condominium

Est. home value

$507,415

Lot size

Unknown

Price per sq ft

$435

Year built

1980

Annual property taxes

$8,471

Monthly HOA fee

$1,121

Price History

09/06/2024
Beaches

Beaches #R11003830

Price change
$495,000
-4.81%
07/26/2024
Beaches

Beaches #R11003830

Price change
$520,000
-7.14%
07/12/2024
Beaches

Beaches #R11003830

Listed
$560,000

Schools & Community

Neighborhood: 

Beach

Elementary school: 

Pompano Bch Elem

Middle school: 

Pompano B.Middle

High school: 

Unknown

Community features: 

Pool, Clubhouse, Park, Street Lights, Tennis Court(s)

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

$353,144
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$102,256
Cash to seller
$353,144

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

September 2008

Original loan amount

$146,250

Est. remaining balance

$102,256

Interest rate

6.52%

Loan type

Not Provided, 30 year

Seller

Constantine Elias and Harriet Elias

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: 09/19/2024 at 11:40 PM

Listing updated: 09/05/2024 at 8:06 PM

Listed by: Christopher Gatsoulis, Century 21 Stein Posner Phone #: (561) 756-9945

MLS: Beaches #R11003830

Beaches logo

Recently listed in Pompano Beach

Explore top cities in Florida