$572,000
SOLD JUN 7, 2022

Emerald Tower 1401 S Ocean Blvd Unit 1005 Pompano Beach, FL 33062

2 Beds
2 Baths
1,426 Sq Ft
1.29 Acres

Recently Sold

$401 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Fitness Center
  • McNab Elementary School Rated A-
  • Private Dock
  • Newly Remodeled

About This Home

As of June 2023

Enjoy stunning views of the intercoastal and ocean while you eat dinner and sip cocktails on your 10th floor balcony. This 3 bedroom/2 bath (3rd bedroom currently used as an office) has an open floor plan. It has been tastefully updated with stainless steel appliances, granite countertops, cabinets and tile throughout the home. An oversized washer and dryer are in the unit! The apartment is spacious with plenty of closets & not one but two pantries. The unit comes with 1 garage spot and the building has plenty of guest parking. A/C was updated in 2018. Has full surround sound system, impact windows and shutters. Feel like relaxing by the ocean? Your private gated-beach just 285 steps away. Feel like taking a stroll to a nice restaurant, Sea Watch is a short walk away.

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida LLC License #3469487 Listed on: 05/03/2022

Last Buyer's Agent

Paul Ringon

Ringon Homes License #3280213

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,836

Year Built

  • Built in 1972 | Newly Remodeled

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,426 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Den
  • Tile Flooring
  • Video Cameras

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Private Dock
  • Patio
  • Outdoor Grill

Schools

  • Acreage Pines Elementary School
  • Allapattah Middle School
  • Academic Solutions High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 494306AK0850

Community Details

Overview

  • Property has a Home Owners Association
  • 105 Units
  • Emerald Tower Condos
  • Emerald Tower Condo Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Billiard Room
  • Secure Lobby
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Boat Dock

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $678

Security

  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,836

Year Built

Built in 1972 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Directions: Unit is located on the west side of A1A between Atlantic Blvd & Commercial Blvd. Cross road is Terra Mar Drive.
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Efficiency, Condo
  • Subdivision Name: EMERALD TOWER CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: Other, Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1426
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Hurricane Shutters
  • Bedroom Features: Other
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Intracoastal View, Ocean View, Water View
  • Exterior Features: East Of Us1, Barbeque
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Canal Front, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Emerald Tower
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Deeded

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Phone Entry, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Amenities: Bike Storage, Billiard Room, Boat Dock, Barbecue, Elevator(s), Exercise Room, Storage
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Acreage Pines
  • High School: Academic Solutions
  • Middle Or Junior School: Allapattah

Lot Info

  • Parcel Number: 494306AK0850
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 678
  • Number Of Units In Community: 105
  • Number Of Units Total: 105

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4836

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Jun 12, 2023
Sold by
Vilarinho Joao Filipe Carvalho
Bought by
Dornan Robert A
Seller's Agent
Paul Ringon
Ringon Homes
Buyer's Agent
kelly nuccitelli
Fine Properties
List Price
$798,000
Sold Price
$650,000
Premium/Discount to List
-$148,000
-18.55%
Total Days on Market
4
Views
84
Current Estimated Value
$633,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,954
Avg. Annual Appreciation
-1.31%
Original Mortgage
$468,750
Outstanding Balance
$458,600
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$174,446

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 6, 2022
Sold by
4635 Nw 59 Way Llc
Bought by
Vilarinho Joao Filipe Carva
Seller's Agent
Steven Koleno
Beycome of Florida LLC
Buyer's Agent
Paul Ringon
Ringon Homes
List Price
$585,000
Sold Price
$572,000
Premium/Discount to List
-$13,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%
Original Mortgage
$400,000
Interest Rate
1%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 28, 2012
Sold by
Robar William R and Waldorf Diana M
Bought by
Bivona Anthony and Bivona Donna M

Purchase Details

Closed on
Jul 14, 2005
Sold by
Toscano Pat J and Toscano Gloria
Bought by
Robar William R and Waldorf Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 16, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Feb 23, 2000
Sold by
Conaty Margaret O
Bought by
Cote Andre and Cote Louise C

Purchase Details

Closed on
Oct 30, 1998
Sold by
Stincic Joseph and Stincic Joy
Bought by
Conaty Margaret O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,950
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1987
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 Properties Title Llc
Quit Claim Deed -- Attorneys Key Title
Quit Claim Deed -- Attorneys Key Title
Warranty Deed $572,000 Attorneys Key Title
Warranty Deed $260,000 Attorney
Warranty Deed $460,000 Oceanside Title Services Inc
Warranty Deed $215,000 --
Warranty Deed $170,000 --
Warranty Deed $141,000 --
Warranty Deed $106,071 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,750 New Conventional
Previous Owner $400,000 Balloon
Previous Owner $160,000 Credit Line Revolving
Previous Owner $150,100 Fannie Mae Freddie Mac
Previous Owner $133,950 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $650,000 -13.2% $413 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
03/21/2023 03/21/23 Price Changed $749,000 -6.1% $476 / Sq Ft
01/17/2023 01/17/23 For Sale $798,000 +39.5% $508 / Sq Ft
06/07/2022 06/07/22 Sold $572,000 -2.2% $401 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $585,000 0.0% $410 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $585,000 -- $410 / 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 $12,033 $524,960 $52,500 $472,460
2024 $9,251 $570,820 $57,080 $513,740
2023 $9,251 $470,220 $47,020 $423,200
2022 $5,006 $273,570 $0 $0
2021 $4,836 $265,610 $0 $0
2020 $4,688 $261,950 $0 $0
2019 $4,607 $256,070 $0 $0
2018 $4,428 $251,300 $0 $0
2017 $4,222 $246,140 $0 $0
2016 $4,163 $241,080 $0 $0
2015 $4,272 $239,410 $0 $0
2014 $4,257 $237,510 $0 $0
2013 -- $234,000 $23,400 $210,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11197740

MIAMI REALTORS® MLS

APN: 49-43-06-AK-0850