NOT LISTED FOR SALE

Emerald Tower 1401 S Ocean Blvd Unit 307 Pompano Beach, FL 33062

Estimated Value: $528,000 - $580,000

2 Beds
2 Baths
1,426 Sq Ft
$677/mo HOA Fee

Last Sold September 28, 2022

Last sale price $512,500 $359 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,488/month

69 Days on Market

Highlights

  • Ocean View
  • Private Dock
  • Fitness Center
  • McNab Elementary School Rated A-
  • Up to 30-Foot Boat
  • Newly Remodeled

About This Home

As of September 2022

Private deeded beach access steps from your front door. Spacious corner unit with sunny East exposure. Professionally remodeled with marble tile, kitchen with granite countertops & newer SS appliances. Bosch AC just 2 years old. Washer/dryer in the unit. Renovated bathrooms with tub/shower in master & walk-in shower in guest bdrm. Formal dining room can be converted to den or 3rd bedroom. Hurricane accordion shutters. Secured entry & inviting new lobby. Community dock on deep water with no fixed bridges-boat slips when available. Resort-style amenities; heated pool, clubhouse with kitchen & outdoor bar, BBQ area, library, table tennis room & more. HOA includes security system & water/garbage. Two storage lockers. Deeded covered parking with ample guest parking. All assessments paid.

Last Listed By

Allen Peachell

RE/MAX Consultants Realty 1 Brokerage Email: patricia@galleriarealtors.com License #3073899 Listed on: 07/17/2022

RE/MAX Consultants Realty 1

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,521

Year Built

  • Built in 1972 | Newly Remodeled

Lot Details

  • East Facing Home

HOA Fees

  • $677 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,426 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Up to 30-Foot Boat
  • Private Dock
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 494306AK0170

Community Details

Overview

  • Mid-Rise Condominium
  • Emerald Towers Condos
  • Emerald Tower Condo Subdivision, Remodeled Corner Floorplan
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Community Library
  • Laundry Facilities
  • Lobby
  • Elevator

Recreation

  • Boat Dock

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Phone Entry
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,521

Year Built

Built in 1972 | Newly Remodeled

Lot Details

0

HOA Fees

$677 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: On the SW Corner of Ocean Blvd. & Terra Mar on the Spanish River. Plenty of guest parking and use entrance on North side.
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Private Dock, Common Dock,Dock Available,Private Dock,Up to 30 Ft Boat
  • Master Model: Remodeled Corner
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: EMERALD TOWER CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Attribution Contact: patricia@galleriarealtors.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, Elevator, Pantry, Split Bedroom, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1426
  • Possible Use: Primary
  • Stories: 12
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Completely Renovated, New Construction
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Emerald Towers
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Guest, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Card Entry, Phone Entry

Condo/Co-op/Association

  • Association Fee: 677
  • Amenities: Boat Dock, Barbecue, Laundry, Community Room, Elevator(s), Exercise Room, Library, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494306AK0170
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2022
Closed on
Sep 26, 2022
Sold by
Lisa Schiener
Bought by
Mcgrail Normand and Limoges Karine
Seller's Agent
Allen Peachell
RE/MAX Consultants Realty 1
List Price
$525,000
Sold Price
$512,500
Premium/Discount to List
-$12,500
-2.38%
Total Days on Market
69
Views
3
Current Estimated Value
$544,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,129
Avg. Annual Appreciation
2.28%
Original Mortgage
$382,500
Outstanding Balance
$366,886
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$177,743

Purchase Details

Listed on
Oct 7, 2019
Closed on
Jan 22, 2020
Sold by
Michael Kinkead and Michael Emilie Kinkead
Bought by
Lisa Schiener and Lisa Thomas B
Seller's Agent
tina marie zummo
List Price
$335,000
Sold Price
$320,000
Premium/Discount to List
-$15,000
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.21%
Original Mortgage
$240,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2011
Sold by
Aneja Mukand L and Aneja Ela
Bought by
Kinkead Michael E and Kinkead Emilie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2004
Sold by
Dassow Sharon and Deppert Ruth A
Bought by
Aneja Mukand L and Aneja Ela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Mcgrail Normand $512,500 Aces Title Agency
Lisa Schiener $320,000 Attorneys Preferred Ttl Inc
Kinkead Michael E $285,000 Sunbelt Title Agency
Aneja Mukand L $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrail Normand $382,500
Previous Owner Lisa Schiener $240,000
Previous Owner Kinkead Michael E $216,950
Previous Owner Kinkead Michael E $213,750
Previous Owner Aneja Mukand L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $512,500 -2.4% $359 / Sq Ft
07/20/2022 07/20/22 For Sale $525,000 +64.1% $368 / Sq Ft
01/24/2020 01/24/20 Sold $320,000 -4.5% $224 / Sq Ft
12/25/2019 12/25/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $335,000 -- $235 / 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 $9,177 $452,770 $45,280 $407,490
2024 $8,780 $431,500 $43,150 $388,350
2023 $8,780 $405,570 $40,560 $365,010
2022 $3,657 $208,030 $0 $0
2021 $3,521 $201,980 $0 $0
2020 $4,410 $248,270 $0 $0
2019 $4,333 $242,690 $0 $0
2018 $4,164 $238,170 $0 $0
2017 $3,966 $233,280 $0 $0
2016 $3,909 $228,490 $0 $0
2015 -- $226,910 $0 $0
2014 -- $225,110 $0 $0
2013 $40 $221,790 $22,180 $199,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11242087

MIAMI REALTORS® MLS

APN: 49-43-06-AK-0170