$400,000
SOLD APR 14, 2023

Rio Espana Condominiums 1421 S Ocean Blvd Unit 321 Pompano Beach, FL 33062

2 Beds
2 Baths
1,014 Sq Ft
$486/mo HOA Fee

Recently Sold

$394 Per Sq Ft

1% Above List Price

9 Days on Market

Highlights

  • Property has ocean access
  • Intracoastal View
  • Home fronts a canal
  • McNab Elementary School Rated A-
  • Heated Pool
  • Clubhouse

About This Home

As of February 2025

Here is the ONE that you've been waiting for, a CORNER unit w/ tons of NATURAL LIGHT FLOW & the most picturesque SUNSET VIEWS you'll ever witness. Even better, walk across the street to the private beach in the morning & watch the SUNRISE. Rio Espana Condo offers so many things that other condos along the BEACH do not. 1) Pet-friendly 2) Units can be rented immediately & up to 12 x's per year. 3) Multiple parking spots. 4) Boat dockage to purchase or rent. 5) Private beach access w/ parking, bbq grills & pavilion. 6) RESORT STYLE POOL & HOT TUB overlooking INTERSECTING CANALS. Tile & Laminate flooring throughout. Close to the NEW Pompano Beach entertainment district and Lauderdale by the Sea. Shop, Dine, Relax - it's all here for you! DON'T MISS THIS INCREDIBLE OPPORTUNITY.

Last Agent to Sell the Property

Lonnie Brooks

Lang Realty/ BR License #3138483 Listed on: 03/05/2023

Lang Realty/ BR

Last Buyer's Agent

Carlos Nolasco

Galt Ocean Realty Inc License #3131699

Galt Ocean Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,028

Year Built

  • Built in 1981

Lot Details

HOA Fees

  • $486 Monthly HOA Fees

Property Views

  • Pool

Interior Spaces

  • 1,014 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Over 1 Space Per Unit
  • Open Parking

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Open Patio

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494306DK0600

Community Details

Overview

  • Association fees include management, amenities, common areas, insurance, laundry, ground maintenance, maintenance structure, pest control, pool(s), roof, sewer, trash, water
  • 103 Units
  • Rio Espana Subdivision
  • Car Wash Area
  • 1-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,028

Year Built

Built in 1981

Lot Details

0

HOA Fees

$486 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1981
  • Carport Y N: No
  • Entry Level: 3
  • 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 Living Area Entry Level, Stacked Bedrooms, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1014.0
  • Dining Room Type: Other
  • Stories: 5
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors
  • View: Canal, Intercoastal, Pool
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Beach Access, Canal Front, Deeded Access, Dock Access, Intersecting Canal, No Fixed Bridges, Ocean Access, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open, Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Complex Fenced, Lobby Secured, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 486.0
  • Community Features: Non-Gated, Dock
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Pool, Spa/Hot Tub, Storage, Trash, Vehicle Wash Area, Elevator(s)
  • Association #2 Fee: 486.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: Association Management, Amenities, Common Areas, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 494306DK0600

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6028.0

Multi Family

  • Number Of Units In Community: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Feb 20, 2025
Sold by
Kolndreu Victoria and Simolacaj-Kolndreu Victoria
Bought by
Gestion Mzpharm Inc
Seller's Agent
Lonnie Brooks
Lang Realty/ BR
Buyer's Agent
Mireya Mendoza
Weichert Realtors Capella Estates
List Price
$390,000
Sold Price
$340,000
Premium/Discount to List
-$50,000
-12.82%
Total Days on Market
9
Views
61
Current Estimated Value
$367,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,611
Avg. Annual Appreciation
27.63%
Original Mortgage
$140,000
Outstanding Balance
$139,884
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$227,727

Purchase Details

Listed on
Mar 5, 2023
Closed on
Apr 7, 2023
Sold by
Virginia F Willigan Revocable Trust
Bought by
Kolndreu Edmond and Kolndreu Victoria Simolacajj
Seller's Agent
Lonnie Brooks
Lang Realty/ BR
Buyer's Agent
Carlos Nolasco
Galt Ocean Realty Inc
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.37%

Purchase Details

Closed on
Jul 21, 2021
Sold by
Willigan Virginia F and Richard J William Revocable Tr
Bought by
Willigan Virginia F and Virginia F Willigan Revocable

Purchase Details

Closed on
Aug 15, 2019
Sold by
Willigan Richard J and Willigan Virginia F
Bought by
Willigan Richard J and Willigan Virginia F

Purchase Details

Closed on
Oct 15, 2009
Sold by
Aliaga Gabriele
Bought by
Willigan Richard J and Willigan Virginia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2009
Sold by
Aliaga Pedro Antonio
Bought by
Aliaga Gabrielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1998
Sold by
Cusato Peter J
Bought by
Aliaga Gabriele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1990
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $340,000 Appletower Title & Escrow
Deed $400,000 All Country Title
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $202,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $78,000 --
Special Warranty Deed $47,143 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Previous Owner $120,000 New Conventional
Previous Owner $62,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $340,000 -2.9% $335 / Sq Ft
12/19/2024 12/19/24 Price Changed $350,000 -6.7% $345 / Sq Ft
11/29/2024 11/29/24 Price Changed $375,000 -3.8% $370 / Sq Ft
10/03/2024 10/03/24 For Sale $390,000 0.0% $385 / Sq Ft
07/24/2023 07/24/23 Rented $2,500 -13.8% --
04/28/2023 04/28/23 Price Changed $2,900 -3.3% $3 / Sq Ft
04/15/2023 04/15/23 Price Changed $3,000 0.0% $3 / Sq Ft
04/14/2023 04/14/23 Sold $400,000 0.0% $394 / Sq Ft
04/11/2023 04/11/23 Price Changed $3,200 -8.6% $3 / Sq Ft
04/08/2023 04/08/23 For Rent $3,500 0.0% --
03/15/2023 03/15/23 Pending -- -- --
03/05/2023 03/05/23 For Sale $395,000 -- $390 / Sq Ft
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 $7,603 $346,230 $34,620 $311,610
2024 $6,983 $354,700 $35,470 $319,230
2023 $6,983 $305,920 $0 $0
2022 $6,028 $278,110 $0 $0
2021 $5,443 $252,830 $25,280 $227,550
2020 $5,349 $252,490 $25,250 $227,240
2019 $5,128 $239,770 $23,980 $215,790
2018 $5,036 $239,410 $23,940 $215,470
2017 $4,718 $229,340 $0 $0
2016 $4,580 $220,280 $0 $0
2015 $4,507 $203,760 $0 $0
2014 $4,468 $185,240 $0 $0
2013 -- $168,400 $16,840 $151,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10370598

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-06-DK-0600