NOT LISTED FOR SALE

Solemar Pompano Beach 1116 N Ocean Blvd Unit 1803 Pompano Beach, FL 33062

Estimated Value: $1,935,000 - $2,271,000

2 Beds
2.5 Baths
1,885 Sq Ft
$2,702/mo HOA Fee

Last Sold November 25, 2024

Last sale price $2,300,000 $1,220 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $16,798/month

103 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Heated Community Pool
  • Ocean Front
  • Sauna
  • 4-minute walk to Officer Scott A. Winters Memorial Park

About This Home

As of November 2024

Welcome to Solemar, the epitome of luxurious waterfront living in the heart of Pompano Beach. This contemporary residence offers a sophisticated lifestyle with private elevator access and entry foyers. This unit has 2 bedrooms, 2.5 bathrooms, plus a den with full upgrades, including dove matte floors, a wired sound system, built-in closets, and exquisite light fixtures. The unique flow-through floor plan provides two spectacular vantage points, ensuring a truly exceptional living experience. From the moment you step onto your oversized terrace, you'll be captivated by the panoramic northeast ocean views, which encompass the iconic Hillsboro lighthouse and the second bedroom balcony's picturesque city sunset views. Solemar boasts a wealth of amenities designed to elevate your everyday life.

Last Agent to Sell the Property

Megan Probst

Compass Florida, LLC License #3247059 Listed on: 08/14/2024

Compass Florida, LLC

Co-Listed By

Crystal Moonilal

Compass Florida, LLC License #3347462

Last Buyer's Agent

Brian Karney

Compass Florida, LLC License #3569815

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,236

Year Built

  • Built in 2023

HOA Fees

  • $2,702 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Entry on the 18th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,885 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Den
  • Tile Flooring
  • Washer

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub
  • Shower Only

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 484330HA0820

Community Details

Overview

  • High-Rise Condominium
  • Solemar Condos
  • Solemar Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,236

Year Built

Built in 2023

Lot Details

0

HOA Fees

$2,702 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: COMP04
  • Co List Office Phone: 305-851-2820
  • Entry Level: 18
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Solemar
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1885
  • Possible Use: Primary
  • Stories: 20
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Intracoastal View, Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Solemar
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2702
  • Amenities: Exercise Room, Heated Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484330HA0820
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Nov 25, 2024
Sold by
Seth Usha
Bought by
Basch Steven E and Basch Diana Y
Seller's Agent
Megan Probst
Compass Florida, LLC
Buyer's Agent
Brian Karney
Compass Florida, LLC
List Price
$2,499,999
Sold Price
$2,300,000
Premium/Discount to List
-$199,999
-8%
Views
6
Current Estimated Value
$2,132,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$167,500
Avg. Annual Appreciation
-7.89%
Original Mortgage
$1,002,000
Outstanding Balance
$997,762
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,134,738

Purchase Details

Closed on
Sep 19, 2023
Sold by
Prh 1116 North Ocean Llc
Bought by
Seth Usha
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Basch Steven E $2,300,000 None Listed On Document
Seth Usha $1,875,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basch Steven E $1,002,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2024 11/25/24 Sold $2,300,000 -8.0% $1,220 / Sq Ft
08/14/2024 08/14/24 For Sale $2,499,999 -- $1,326 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,943 $2,022,900 $202,290 $1,820,610
2024 -- $1,688,310 $168,830 $1,519,480
2023 -- $107,310 $107,310 --
Source: Public Records

Agents Affiliated with this Home

  • Megan Probst

    Seller's Agent in 2024

    Megan Probst

    Compass Florida, LLC

    (954) 999-2875

    5 in this area

    104 Total Sales

    Megan Probst
    Section Image
  • Crystal Moonilal

    Seller Co-Listing Agent in 2024

    Crystal Moonilal

    Compass Florida, LLC

    (954) 682-2683

    4 in this area

    12 Total Sales

    Crystal Moonilal
    Section Image

  • B

    Buyer's Agent in 2024

    Brian Karney

    Compass Florida, LLC

    (850) 445-3033

    1 in this area

    5 Total Sales

    Brian Karney
    Section Image
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About Solemar Pompano Beach

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11640073

MIAMI REALTORS® MLS

APN: 48-43-30-HA-0820

Florida Broward County Pompano Beach 33062

1116 N Ocean Blvd Unit 1803, Pompano Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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