NOT LISTED FOR SALE

The Waters Edge 2611 N Riverside Dr Unit 408 Pompano Beach, FL 33062

Estimated Value: $443,381 - $580,000

2 Beds
2 Baths
1,102 Sq Ft
$450/mo HOA Fee

Last Sold March 29, 2018

Last sale price $300,000 $272 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,844/month

104 Days on Market

Highlights

  • Property has ocean access
  • Clubhouse
  • Furnished
  • Property fronts an intracoastal waterway
  • Wood Flooring
  • 4-minute walk to Hillsboro Inlet Park

About This Home

As of March 2018

Just Reduced - Owner motivated to sell! Lowest Priced Corner Unit In Excellent Condition That Is Positioned Perfectly To Take Full Advantage Of The Spectacular Intra-coastal And Lighthouse Views. Enhanced "Impact Windows" and Doors - In The Jaw-Dropping Landscape. Enjoy An Open And Immaculate Kitchen With Bar-Style Counter And Stainless-Steel Appliances. Sip Your Coffee And Eat Your Breakfast On The Balcony Every Morning And Take A Deep Life-Giving Breath As You Thank The Universe For These Moments. Ride The Elevator Down To The Patio With Heated Pool And Lay Some Fish On The Barbecue. Building Already Completed 40-Year Cert.

Last Agent to Sell the Property

Luke Amoresano

MMLS Assoc.-Inactive Member License #3314633 Listed on: 11/19/2017

Last Buyer's Agent

Luke Amoresano

MMLS Assoc.-Inactive Member License #3314633 Listed on: 11/19/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,329

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Northeast Facing Home

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

Home Design

  • Concrete Block With Brick
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,102 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Den
  • Video Cameras

Kitchen

  • <<selfCleaningOvenToken>>
  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Property has ocean access
  • Seawall
  • Balcony
  • Outdoor Grill

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484329AK0220

Community Details

Overview

  • 78 Units
  • Mid-Rise Condominium
  • Waters Edge Condo
  • Waters Edge Condo Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers
  • Car Wash Area
  • 11-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Kitchen
  • Billiard Room
  • Community Center
  • Party Room
  • Laundry Facilities
  • Elevator
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,329

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: From NE 14th Street, coming toward SR A1A [Ocean Drive], Make Left on SR A1A. Go .5 miles on SR A1A. Make a Left on Norfolk St. At the end of Norfolk, make a Right onto N Riverside Dr.  Shortly after, The Water's Edge is on Left, Guest Parking on Right.
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: WATERS EDGE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Tile, Wood
  • Furnished: Furnished
  • Living Area: 1102
  • Possible Use: Primary
  • Stories: 11
  • Window Features: Hurricane Shutters, Blinds, Drapes, Sliding
  • Bedroom Features: Entry Level
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Intracoastal View, Pool Area View, Water View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: WATERS EDGE CONDO
  • Parking Features: Guest, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1350
  • Amenities: Bike Storage, Billiard Room, Barbecue, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Storage, Heated Pool, Kitchen Facilities, Exterior Lighting, Private Pool, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484329AK0220
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 1350
  • Number Of Units In Community: 78
  • Number Of Units Total: 78

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2017
Closed on
Mar 29, 2018
Sold by
Agnoli Sonia Dei
Bought by
Hilton Timothy and Hilton Shannon M
Seller's Agent
Luke Amoresano
MMLS Assoc.-Inactive Member
Buyer's Agent
Luke Amoresano
MMLS Assoc.-Inactive Member
List Price
$339,000
Sold Price
$300,000
Premium/Discount to List
-$39,000
-11.5%
Current Estimated Value
$500,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,845
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
May 12, 2015
Sold by
Agnoli Sonia Dei and Saad Carlos
Bought by
Agnoli Sonia Dei

Purchase Details

Closed on
May 26, 2013
Sold by
Mullagan Steven
Bought by
Saad Carlos and Saad Sonia D

Purchase Details

Closed on
Mar 9, 1999

Purchase Details

Closed on
Dec 1, 1989
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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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
Hilton Timothy $300,000 Florida Title And Escrow Ser
Agnoli Sonia Dei -- None Available
Saad Carlos $202,500 Security Title & Escrow Inc
-- $10,000 --
Available Not $85,643 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullagan Steven T $99,000
Previous Owner Mullagan Steven T $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $300,000 -6.0% $272 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
02/17/2018 02/17/18 Price Changed $319,000 -3.0% $289 / Sq Ft
01/29/2018 01/29/18 Price Changed $329,000 -2.9% $299 / Sq Ft
11/19/2017 11/19/17 For Sale $339,000 -- $308 / 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 $7,534 $367,320 $36,730 $330,590
2024 $7,186 $367,320 $36,730 $330,590
2023 $7,186 $312,750 $0 $0
2022 $6,477 $284,320 $0 $0
2021 $5,560 $258,480 $25,850 $232,630
2020 $5,567 $263,230 $26,320 $236,910
2019 $5,485 $257,190 $25,720 $231,470
2018 $4,318 $245,850 $0 $0
2017 $4,116 $240,800 $0 $0
2016 $4,329 $249,300 $0 $0
2015 $4,345 $194,170 $0 $0
2014 $3,840 $176,520 $0 $0
2013 -- $179,710 $17,970 $161,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10375277

MIAMI REALTORS® MLS

APN: 48-43-29-AK-0220