tomo logo

$1,450,000

Beds
4
Baths
4.0
sq ft
2,846

581 SE 5th Ave, Pompano Beach, FL 33060

581 SE 5th Ave

Pompano Beach, FL 33060

  • 15 days on market
Step into coastal luxury in this fully updated waterfront home with ocean access for your boat. Totaling 2,846 sqft featuring two master suites, two guest bedrooms, and four stylishly renovated bathrooms. 207 sqft bonus room with walk-in wardrobe and a private entrance can be a fifth bedroom/office or workshop. The open floor plan leads to a designer chef’s kitchen with mother-of-pearl tile, oversized island, 5-burner gas range, and custom cabinetry. The main primary suite has a 20x6 ft walk-in closet, zoned AC, and a spa-like en-suite. Outside, enjoy a resort-style backyard with a large salt water pool, gas-heated spa and Trex dock for your boat. Additional upgrades: 2020 roof, impact windows/doors, dual-zone AC, whole house generator and room for additional RV/boat trailer parking.

Details

Property type

Single Family Residence

Est. home value

$1,308,266

Property condition

Updated/Remodeled

Lot size

9,171 sq ft

Price per sq ft

$510

Year built

1960

Annual property taxes

$18,818

Price History

01/07/2025
Beaches

Beaches #F10479046

Removed
$1,450,000
01/07/2025
Beaches

Beaches #F10479314

Listed
$1,450,000
01/06/2025
Beaches

Beaches #F10479046

Listed
$1,450,000
+45%

Schools & Community

Neighborhood: 

Garden Isles

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

$578,572
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$755,428
Cash to seller
$578,572

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

March 2022

Original loan amount

$800,000

Est. remaining balance

$755,428

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Luke S Tipple and Rebecca L Tipple

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?

Similar Homes Nearby

SEF
$1,449,000
4 bd
|
3 ba
|
2,122 sq ft
|
House

31 SE 12th St, Pompano Beach, FL 33060

Price drop
SEF
$1,350,000
4 bd
|
3 ba
|
1,989 sq ft
|
House

440 SE 8th Ave, Pompano Beach, FL 33060

Price drop
Beaches
$1,375,000
4 bd
|
4.5 ba
|
4,250 sq ft
|
House

310 SE 9th Ct, Pompano Beach, FL 33060

Status: Active

Tomo last checked: 01/22/2025 at 10:55 AM

Listing updated: 01/14/2025 at 4:35 AM

Listed by: Rachael Barach, RE/MAX Preferred Phone #: (954) 396-5900

MLS: Beaches #F10479314

Beaches logo