NOT LISTED FOR SALE

The Waters Edge 2611 N Riverside Dr Unit 606 Pompano Beach, FL 33062

Estimated Value: $438,169 - $552,000

2 Beds
2 Baths
1,102 Sq Ft
1.08 Acres

Last Sold November 01, 2019

Last sale price $285,000 $259 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,105/month

341 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Clubhouse
  • Property has ocean access
  • Newly Remodeled
  • 4-minute walk to Hillsboro Inlet Park

About This Home

As of November 2019

WOW! This GEM right here has the most spectacular views! Walk in and enjoy cooking in the kitchen with views of the ocean and downtown Pompano Beach, or walk through the dinning room and living room to enjoy that lovely intracoastal scenery. Better yet, step outside into the balcony and enjoy the fresh air and tranquil sounds of the intracoastal water while watching the boats pass by. Very well kept! Master bedroom has intracoastal views with walk-in closet. Can come furnished! Impact sliding doors and shutters for windows. Heated pool and sauna with BBQ area, recreational room, you can have private beach access for $350 YR, No Assessments, no renting for first 2 yrs. Hurry this beauty can be yours!

Last Agent to Sell the Property

Shirley Torres

Douglas Elliman License #3120906 Listed on: 10/03/2018

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,357

Year Built

  • Built in 1972 | Newly Remodeled

Lot Details

  • North Facing Home

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,102 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • <<selfCleaningOvenToken>>
  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Guest Parking

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • 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 484329AK0360

Community Details

Overview

  • Property has a Home Owners Association
  • 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
  • Sauna
  • Trash Chute
  • Clubhouse
  • Billiard Room
  • Laundry Facilities
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $484

Security

  • Card or Code Access
  • Phone Entry
  • Complete Panel Shutters or Awnings
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,357

Year Built

Built in 1972 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Drive EAST on NE 14th street, go NORTH on A1A and make left on Riverside Drive, Building is located south of the Hillsboro Inlet Bridge.
  • Entry Level: 606
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: WATERS EDGE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Walk-In Closet(s), Recreation Room, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Carpet, Tile
  • Furnished: Furnished
  • Living Area: 1102
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 11
  • Window Features: Complete Panel Shutters/Awnings
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Recreation Room, Storage Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Intracoastal View, Ocean View, Water View
  • Exterior Features: East Of Us1, Exterior Cat Walk, Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: WATERS EDGE CONDO
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Guest, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Alarm, Smoke Detector, Card Entry, Phone Entry, TV Camera

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484329AK0360
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 484

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 1, 2019
Sold by
Hager Luz D and Luz D Hager Revocable Trust
Bought by
Aslan Nergiz
Seller's Agent
Shirley Torres
Douglas Elliman
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%
Current Estimated Value
$483,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,292
Avg. Annual Appreciation
8.51%
Original Mortgage
$256,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2016
Sold by
Hager Luz D and Hager Karl D
Bought by
Luz D Hager Revocable Trust

Purchase Details

Closed on
Jun 1, 2016
Bought by
Hager Luz D

Purchase Details

Closed on
Feb 9, 2016
Sold by
Hager Luz D and Hager Karl W
Bought by
Hager Luz D and Hager Karl W

Purchase Details

Closed on
Oct 3, 1997
Sold by
A Wickens Austin and A Wickens Mary F
Bought by
Hager Karl W and Hager Luz D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1980
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
Aslan Nergiz $285,000 Supreme Title & Escrow Inc
Luz D Hager Revocable Trust -- None Available
Hager Luz D $100 --
Hager Luz D -- Attorney
Hager Karl W $110,000 --
Available Not $53,143 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aslan Nergiz $286,983
Closed Aslan Nergiz $12,600
Closed Aslan Nergiz $256,500
Previous Owner Hager Karl W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $285,000 -9.5% $259 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
04/05/2019 04/05/19 Price Changed $315,000 -3.1% $286 / Sq Ft
01/03/2019 01/03/19 For Sale $325,000 0.0% $295 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $325,000 -- $295 / 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 $5,232 $294,480 -- --
2024 $5,139 $286,190 -- --
2023 $5,139 $277,860 $0 $0
2022 $4,918 $269,770 $0 $0
2021 $4,749 $261,920 $26,190 $235,730
2020 $4,775 $266,740 $26,670 $240,070
2019 $1,543 $135,720 $0 $0
2018 $1,449 $133,190 $0 $0
2017 $1,357 $130,460 $0 $0
2016 $1,458 $127,780 $0 $0
2015 $1,494 $126,900 $0 $0
2014 $1,498 $125,900 $0 $0
2013 -- $182,110 $18,210 $163,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10547754

MIAMI REALTORS® MLS

APN: 48-43-29-AK-0360