$479,000
SOLD NOV 3, 2023 RENTED AUG 1, 2025

Rio Espana Condominiums 1421 S Ocean Blvd Unit 402 Pompano Beach, FL 33062

2 Beds
2 Baths
1,166 Sq Ft
$486/mo HOA Fee

Recently Sold

$411 Per Sq Ft

2% Below List Price

45 Days on Market

Highlights

  • Property has ocean access
  • Heated Pool
  • Canal View
  • McNab Elementary School Rated A-
  • Waterfront
  • Clubhouse

About This Home

As of November 2023

GREAT OPPORTUNITY - PRIVATE BOAT SLIP AND PRIVATE BEACH ACCESS! Enjoy both, boating and the wide sandy beach on the Atlantic Ocean! Panoramic water and pool views from the balcony. The condo features an open kitchen with stainless steel appliances, impact glass windows and washer/dryer. The resort style pool area with BBQ's is overlooking intersecting canals and Terra Mar Island. Rio Espana is a pet friendly building with ample of parking. You can rent 12 rentals per year. Where do you find a condo with a private boat slip and a private beach access with car parking and picnic areas with grills and showers on the sand? Watch sunrises on the beach, relax while dining in Lauderdale-By-The-Sea or the newly developed Pompano Pier district and enjoy fantastic sunsets from your balcony!

Last Agent to Sell the Property

Petra Ertl-Burnam

Galt Ocean Realty Inc License #3055608 Listed on: 09/18/2023

Galt Ocean Realty Inc

Last Buyer's Agent

Petra Ertl-Burnam

Galt Ocean Realty Inc License #3055608 Listed on: 09/18/2023

Galt Ocean Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,145

Year Built

  • Built in 1981

Lot Details

HOA Fees

  • $486 Monthly HOA Fees

Property Views

  • Pool

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,166 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Closed Circuit Camera
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • Over 1 Space Per Unit
  • Guest Parking

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Balcony
  • Open Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 494306DK0630

Community Details

Overview

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

Amenities

  • Picnic Area
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,145

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
  • Directions: A1A between Commercial Blvd. and Atlantic Blvd - Just south of Terra Mar
  • Year Built: 1981
  • Carport Y N: No
  • Entry Level: 4
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1166.0
  • Stories: 5
  • Window Features: Drapes, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors
  • View: Canal, Pool, Water
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Beach Access, Canal Access, Deeded Access, No Fixed Bridges, Ocean Access, Water Access
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Complex Fenced, Phone Entry, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1457.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Boat Dock, Clubhouse, Laundry, Barbecue, Picnic Area, Pool, Storage, Trash, Vehicle Wash Area, Elevator(s)
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Laundry, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 494306DK0630

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6145.0

Multi Family

  • Number Of Units In Community: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Nov 3, 2023
Sold by
Vilkensen Asbjoern
Bought by
Crossman Andrea
Seller's Agent
Petra Ertl-Burnam
Galt Ocean Realty Inc
Buyer's Agent
Petra Ertl-Burnam
Galt Ocean Realty Inc
List Price
$489,000
Sold Price
$479,000
Premium/Discount to List
-$10,000
-2.04%
Views
64
Current Estimated Value
$448,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,740
Avg. Annual Appreciation
-6.28%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Scott Mark and Scott Christina L
Bought by
Vilkensen Asbjoern

Purchase Details

Closed on
Mar 13, 2006
Sold by
Cicatelli Florence M
Bought by
Scott Mark and Scott Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 1, 1986
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 Type Sale Price Title Company
Warranty Deed $429,000 None Listed On Document
Warranty Deed $275,000 Professional Title Associate
Warranty Deed $400,000 Gibraltar Title & Escrow Co
Warranty Deed $52,857 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Rented $2,475 0.0% --
06/10/2025 06/10/25 Price Changed $2,475 -4.8% $2 / Sq Ft
05/13/2025 05/13/25 Price Changed $2,600 -6.3% $2 / Sq Ft
04/10/2025 04/10/25 Price Changed $2,775 -4.3% $2 / Sq Ft
04/07/2025 04/07/25 For Rent $2,900 0.0% --
11/29/2024 11/29/24 Rented $2,900 +3.6% --
09/09/2024 09/09/24 Price Changed $2,800 -6.7% $2 / Sq Ft
08/29/2024 08/29/24 For Rent $3,000 +15.4% --
05/01/2024 05/01/24 Rented $2,600 0.0% --
03/19/2024 03/19/24 Price Changed $2,600 -11.9% $2 / Sq Ft
03/12/2024 03/12/24 For Rent $2,950 0.0% --
11/03/2023 11/03/23 Sold $479,000 -2.0% $411 / Sq Ft
09/18/2023 09/18/23 For Sale $489,000 -- $419 / 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 $7,750 $353,230 $35,320 $317,910
2024 $7,118 $361,870 $36,190 $325,680
2023 $7,118 $312,120 $0 $0
2022 $6,145 $283,750 $0 $0
2021 $5,549 $257,960 $25,800 $232,160
2020 $5,453 $257,590 $25,760 $231,830
2019 $5,228 $244,610 $24,460 $220,150
2018 $5,134 $244,260 $24,430 $219,830
2017 $4,810 $233,990 $0 $0
2016 $4,670 $224,730 $0 $0
2015 $4,596 $207,880 $0 $0
2014 $4,555 $188,990 $0 $0
2013 -- $171,810 $17,180 $154,630
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Michael Sethares

    Galt Ocean Realty Inc

    (954) 614-5800

    2 Total Sales

    Michael Sethares
    Section Image

  • P

    Seller's Agent in 2023

    Petra Ertl-Burnam

    Galt Ocean Realty Inc

    (954) 593-8495

    11 in this area

    21 Total Sales

    Petra Ertl-Burnam
    Section Image
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About Rio Espana Condominiums

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10400497

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-06-DK-0630

Florida Broward County Pompano Beach 33062

1421 S Ocean Blvd Unit 402, Pompano Beach, FL

This home is located at 1421 S Ocean Blvd Unit 402, Pompano Beach, FL 33062 and is currently priced at $479,000, approximately $410 per square foot. This property was built in 1981. 1421 S Ocean Blvd Unit 402 is a home located in Broward County with nearby schools including McNab Elementary School, Pompano Beach Middle School, and Northeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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