tomo logo

$554,000

Beds
2
Baths
2.0
sq ft
1,100

531 N Ocean Blvd Unit 1608, Pompano Beach, FL 33062

531 N Ocean Blvd Unit 1608

Pompano Beach, FL 33062

  • <1 day on market
Don’t miss out on this fabulous 2/2 condo on the 16th floor with breathtaking views of the ocean!!! Completely remodeled unit with a split floor plan (essentially two en-suite masters) with floor to ceiling impact windows and stainless appliances. This unit conveys an assigned underground parking space, and a secured storage unit. This building is in a prime location steps from the pier with amazing restaurants/nightlife at your fingertips. Building amenities galore: 2 heated outdoor pools, tennis, pickleball, bocce, bbq areas, fitness centers, billiards room etc. The HOA fee includes direct tv package with high speed internet. This building has undergone the recertification phase and has been completely inspected and updated with all assessments having been paid by the current owner.

Details

Property type

Condominium

Est. home value

$484,885

Lot size

Unknown

Price per sq ft

$504

Year built

1977

Annual property taxes

$3,832

Monthly HOA fee

$1,029

Price History

03/06/2025
Beaches

Beaches #F10487683

Listed
$554,000
+78.71%
05/14/2020
Beaches

Beaches #F10215478

Sold
$310,000

Schools & Community

Neighborhood: 

Beach

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

$299,835
Asking price
$554,000
Closing costs (~8% of asking)
-$44,320
Est. remaining loan balance
-$209,845
Cash to seller
$299,835

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

May 2020

Original loan amount

$232,500

Est. remaining balance

$209,845

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Jose Gil Rodriguez

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: 03/06/2025 at 3:55 PM

Listing updated: 03/06/2025 at 2:25 PM

Listed by: Melissa Graziosi, LoKation Phone #: (954) 545-5583

MLS: Beaches #F10487683

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