NOT LISTED FOR SALE

Emerald Tower 1401 S Ocean Blvd Unit 504 Pompano Beach, FL 33062

Estimated Value: $253,000 - $351,000

1 Bed
1.5 Baths
900 Sq Ft
$740/mo HOA Fee

Last Sold May 04, 2023

Last sale price $285,000 $317 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,698/month

37 Days on Market

Highlights

  • Ocean View
  • Community Cabanas
  • Elevator
  • McNab Elementary School Rated A-
  • Home fronts a canal
  • Balcony

About This Home

As of May 2023

Private Beach access comes with this one bedroom plus den, one and one half bath Emerald Tower Condo unit. Located across from the crystal blue Atlantic Ocean and at the gateway to Terra Mar Island, this building is undergoing complete concrete restoration and interior beautification and all levied assessments are paid The unit feature newer appliances and carpet as well as en suite laundry. The building has an exercise room, canal front pool, available dockage and did I mention private beach access? Lots of closet and storage space.

Last Agent to Sell the Property

Dave Gervase

Keller Williams Realty Profess License #0676136 Listed on: 02/16/2023

Keller Williams Realty Profess

Last Buyer's Agent

John Marino

EXP Realty LLC License #3115596

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,594

Year Built

  • Built in 1972

Lot Details

HOA Fees

  • $740 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 900 Sq Ft Home
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Home Security

Outdoor Features

  • Open Patio

Schools

  • Mcnab Elementary School
  • Pompano B.Middle School
  • Northeast High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494306AK0340

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), sewer, security, trash, water
  • Emerald Tower Subdivision
  • 1-Story Property

Amenities

  • Elevator

Recreation

  • Community Cabanas

Security

  • Phone Entry
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,594

Year Built

Built in 1972

Lot Details

0

HOA Fees

$740 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Atlantic Blvd to A1A south to 1401 S Ocean. At the corner of Ocean and Terra Mar.
  • Year Built: 1972
  • Entry Level: 5
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Living/Dining Room
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 900.0
  • Stories: 12

Exterior Features

  • Exterior Features: Balcony, Storm/Security Shutters
  • View: Intercoastal, Ocean
  • View: Yes
  • Waterfront Features: Beach Access, Canal Front, Deeded Access, Dock Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: One Space

Utilities

  • Security: Phone Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 740.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Cabana, Elevator(s)
  • Association #2 Fee: 740.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Schools

  • Elementary School: Mcnab
  • High School: Northeast
  • Middle Or Junior School: Pompano B.Middle

Lot Info

  • Parcel #: 494306AK0340

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3594.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
May 4, 2023
Sold by
Betty Jewel Virkler Living Trust
Bought by
Diaz Julian and Diaz Adalgisa M
Seller's Agent
Dave Gervase
Keller Williams Realty Profess
Buyer's Agent
John Marino
EXP Realty LLC
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Views
1
Current Estimated Value
$301,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,448
Avg. Annual Appreciation
2.31%
Original Mortgage
$135,000
Outstanding Balance
$131,267
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$170,181

Purchase Details

Closed on
Dec 16, 2013
Sold by
Virkler Betty J
Bought by
Virkler Betty J

Purchase Details

Closed on
May 15, 2002
Sold by
Meer Philip S and Meer Joseph L
Bought by
Virkler Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.77%

Purchase Details

Closed on
Jul 17, 2001
Sold by
Leonard Caroli M and Rosemary Caroli M
Bought by
Meer Philip S and Meer Joseph L

Purchase Details

Closed on
Apr 1, 1991
Sold by
Available Not
Bought by
Available Not
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
Diaz Julian $285,000 First International Title
Virkler Betty J -- None Available
Virkler Betty J $135,000 --
Meer Philip S $57,500 --
Meer Philip S $57,500 --
Available Not $51,071 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Julian $135,000
Previous Owner Virkler Betty J $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2023 05/04/23 Sold $285,000 -5.0% $317 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $300,000 0.0% $333 / Sq Ft
03/30/2021 03/30/21 Rented $1,500 0.0% --
02/28/2021 02/28/21 Under Contract -- -- --
01/27/2021 01/27/21 For Rent $1,500 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,525 $253,840 $24,670 $222,020
2024 $4,255 $246,690 $24,670 $222,020
2023 $4,255 $168,110 $0 $0
2022 $3,594 $152,830 $0 $0
2021 $3,090 $138,940 $13,890 $125,050
2020 $3,057 $139,640 $13,960 $125,680
2019 $3,310 $150,930 $15,090 $135,840
2018 $3,723 $178,320 $17,830 $160,490
2017 $3,413 $156,690 $0 $0
2016 $3,058 $142,450 $0 $0
2015 $2,839 $129,500 $0 $0
2014 $2,895 $127,190 $0 $0
2013 -- $124,390 $12,440 $111,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10368404

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-06-AK-0340