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$279,500

Beds
2
Baths
2.0
sq ft
1,112

550 Oaks Ln Unit 202, Pompano Beach, FL 33069

550 Oaks Ln Unit 202

Pompano Beach, FL 33069

  • 1 day on market
Welcome to Residence 202 at Oaks Lane. You’ll feel lighter than air in this 1,112 SF spacious and well preserved two bedroom/two bath unit, perfectly perched on the second (top) floor overlooking the beautiful gardens at Palm Aire Country Club, the father's tree and the pool. Bright rooms and spacious closets. Enclosed balcony provides desirable open flow dining and living with a bonus den space, great for entertaining or relaxing, or as a home office area. Beach style tile in main areas and carpeted floors in bedrooms. Inside Washer/Dryer units. A comfortable guest room and second full bath. All in a well-managed community; golf courses, run pathways, with 2 sparkling swimming pools, fantastic neighbors, and convenient amenities. Condo has strong finances! Come enjoy the fabulous views!

Details

Property type

Condominium

Est. home value

$269,771

Lot size

Unknown

Price per sq ft

$252

Year built

1974

Annual property taxes

$4,187

Monthly HOA fee

$807

Price History

03/01/2025
SEF

SEF #A11754711

Listed
$279,500
+36.34%
02/15/2022
Beaches

Beaches #F10309137

Sold
$205,000

Schools & Community

Neighborhood: 

Palm Aire

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf

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

$103,866
Asking price
$279,500
Closing costs (~8% of asking)
-$22,360
Est. remaining loan balance
-$153,274
Cash to seller
$103,866

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

Seller’s Loan History

Lender

Fbc Mortgage Llc

Loan start date

January 2022

Original loan amount

$164,000

Est. remaining balance

$153,274

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Gerardo Larranaga Pinedo and Karla Belem Vazquez Giacoman

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: 03/03/2025 at 4:50 AM

Listing updated: 03/01/2025 at 9:05 PM

Listed by: Rafael Barrios Sr, Beachfront Realty Inc Phone #: (305) 405-0615

MLS: SEF #A11754711

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