NOT LISTED FOR SALE

Solemar Pompano Beach 1116 N Ocean Blvd Unit 702 Pompano Beach, FL 33062

Estimated Value: $1,994,406 - $2,152,000

1 Bed
2 Baths
1,832 Sq Ft
$2,389/mo HOA Fee

Last Sold December 19, 2023

Last sale price $1,790,000 $977 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $16,056/month

81 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • 113,027 Sq Ft lot
  • Ocean Front
  • New Construction
  • 4-minute walk to Officer Scott A. Winters Memorial Park

About This Home

As of December 2023

One of a kind unit in Pompano's newest luxury building, Solemar! Sunrise and sunset pools, state of the art oceanfront fitness center, spa, sauna, steam room, theater room, wine tasting room, 2 story oceanfront club room with full kitchen and bar. There are outdoor grills, hammocks, beach service, concierge service, butler services, the list goes on. This unique unit is a one bedroom, two bathroom with space that can be easily converted to a second bedroom or a multi-function room. Come see your new home on the beach!

Last Agent to Sell the Property

Stephen Irving

LoKation License #3428167 Listed on: 09/28/2023

LoKation

Last Buyer's Agent

Becky Samson

Douglas Elliman License #3382668

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,358

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Ocean Front

HOA Fees

  • $2,389 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,832 Sq Ft Home
  • Entrance Foyer
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Water Not Available
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 484330ha0260

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, maintenance structure, parking, pool(s), sewer, security, trash, water
  • Solemar Beach Condo Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Business Center

Recreation

  • Community Spa

Security

  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,358

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$2,389 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Atlantic Blvd east over bridge to A1A (Ocean Blvd) Go North to 1116 N Ocean Blvd.
  • Year Built: 2023
  • Entry Level: 7
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Elevator, Separate Shower
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Other
  • Living Area: 1832.0
  • Stories: 20

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None, Association, Community
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Security: Door Man, Key Card Entry, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 2389.0
  • Community Features: Non-Gated, Pool, Sauna
  • Senior Community: No
  • Amenities: Billiard Room, Business Center, Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub, Trash
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 484330ha0260
  • Lot Size Sq Ft: 113027.0
  • Zoning Description: RPUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Dec 19, 2023
Sold by
Rengat Holdings Llc
Bought by
Obre Holdings Llc
Seller's Agent
Stephen Irving
LoKation
Buyer's Agent
Becky Samson
Douglas Elliman
List Price
$1,999,999
Sold Price
$1,790,000
Premium/Discount to List
-$209,999
-10.5%
Views
41
Current Estimated Value
$1,988,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,388
Avg. Annual Appreciation
6.08%
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
Obre Holdings Llc $1,790,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $1,790,000 -10.5% $977 / Sq Ft
09/28/2023 09/28/23 For Sale $1,999,999 -- $1,092 / Sq Ft
Source: BeachesMLS

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 $33,358 $1,665,940 $166,590 $1,499,350
2024 -- $1,611,000 $161,090 $1,449,910
2023 -- $97,460 $97,460 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10923023

BeachesMLS

APN: 48-43-30-HA-0260