NOT LISTED FOR SALE

405 S Ocean Blvd Unit 1118 Pompano Beach, FL 33062

Estimated Value: $505,535 - $589,000

2 Beds
2 Baths
-- Sq Ft
1.52 Acres

Highlights

  • Ocean View
  • Fitness Center
  • Heated Pool
  • McNab Elementary School Rated A-
  • Gated with Attendant
  • Putting Green

About This Home

As of June 2014

Drop-dead gorgeous OCEAN view! AND drop-deal gorgeous apartment, too! Custom ceramic tile, even the bthrm is DESIGNER unique! Kitchen has absolutely everything even Emeril would love! Plus an OCEAN VIEW while cooking! Stainless, granite, open for infor mal entertaining. Crown molding everywhere, fabulous build-ins in 2nd bdrlm/office with Murphy Bed for guests! Great closets, wonderful master dressing area, GARAGE parking, amenities galore, feels like a resort! Walk to dining, fun, boating, fishing!

Last Agent to Rent the Property

Eileen Boyle-Zigarelli

Atlantic Properties Int'l Inc License #546930 Listed on: 05/12/2014

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,384

Year Built

  • Built in 1970

Lot Details

  • East Facing Home

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • Built-In Features
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 5/12/14
  • Rent includes gardener, pool, sewer, water
  • Renewal Option
  • Assessor Parcel Number 484331BC2540

Community Details

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Putting Green
  • Recreational Area

Additional Features

  • Parliament House Condo Subdivision, Direct Ocean View Floorplan
  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,384

Year Built

Built in 1970

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2014-05-12

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: FROM ATLANTIC BLVD., NORTH ON A1A, ABOUT 4 BLOCKS - BUILDING ON WEST SIDE OF A1A DIRECTLY ACROSS FROM BEACH! TURN INTO NORTH ENTRANCE, TURN RIGHT TO GUEST PARKING; BUS CARD & TAG # TO GUARD FOR ENTRY.
  • Year Built: 1970
  • Lease Renewal Option: Yes
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Convertible Bedroom, Elevator, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile

Exterior Features

  • Exterior Features: Balcony
  • View: Ocean
  • Pool Features: Heated, Pool, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Covered, Garage, Guest

Utilities

  • Security: Building Security, Gated with Guard, Lobby Secured
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Pool, Sewer, Water
  • Community Features: Pool, Recreation Area
  • Senior Community: No
  • Amenities: Elevator(s), Fitness Center, Hobby Room, Laundry, Pool, Putting Green(s), Guard
  • Pets Allowed: No

Lot Info

  • Parcel #: 484331BC2540
  • Land Lease Amount Frequency: Annually
  • Zoning Description: CONDO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2020
Sold by
Ponticell Giovanni
Bought by
Ponticelli Giovanni and The Giovanni Ponticelli Trust
Current Estimated Value
$531,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Outstanding Balance
$7,747
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$513,183

Purchase Details

Closed on
Feb 20, 2020
Sold by
Sheerin Douglas E and Douglas E Sheerin Trust
Bought by
Ponticelli Giovanni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 25, 2019
Sold by
Ritchie Howard Todd and Estate Of Keith J Hill
Bought by
Douglas E Sheerin Trust

Purchase Details

Closed on
Dec 9, 2002
Sold by
Rex Walter T and Rex Margaret
Bought by
Hill Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.87%

Purchase Details

Closed on
May 3, 2002
Sold by
Reed Jay
Bought by
Rex Walter T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
7.07%

Purchase Details

Closed on
Apr 23, 2002
Sold by
Liben Sidney and Liben Selma
Bought by
Reed Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
7.07%
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
Ponticelli Giovanni -- Threshold Title & Escrow Inc
Ponticelli Giovanni $395,000 Coastal Title Inc
Douglas E Sheerin Trust $350,000 Attorney
Hill Keith $375,000 Agents Title Inc
Rex Walter T $235,000 --
Reed Jay $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ponticelli Giovanni $107,000
Closed Ponticelli Giovanni $50,000
Previous Owner Hill Keith $125,000
Previous Owner Reed Jay $205,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2014 05/12/14 For Rent $1,850 0.0% --
05/12/2014 05/12/14 Rented $1,850 +2.8% --
06/15/2013 06/15/13 Rented $1,800 0.0% --
05/16/2013 05/16/13 Under Contract -- -- --
04/27/2012 04/27/12 For Rent $1,800 -- --
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 $7,384 $397,350 -- --
2024 $7,265 $386,160 -- --
2023 $7,265 $374,920 $0 $0
2022 $6,868 $364,000 $36,400 $327,600
2021 $6,909 $323,770 $32,380 $291,390
2020 $6,482 $308,260 $30,830 $277,430
2019 $6,793 $321,100 $32,110 $288,990
2018 $5,998 $302,480 $30,250 $272,230
2017 $5,218 $254,530 $0 $0
2016 $5,241 $247,330 $0 $0
2015 $5,052 $224,850 $0 $0
2014 $4,549 $204,410 $0 $0
2013 -- $185,830 $18,580 $167,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1289843

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-31-BC-2540