NOT LISTED FOR SALE

704 N Ocean Blvd Unit 401 Pompano Beach, FL 33062

Estimated Value: $1,386,000 - $1,974,000

3 Beds
4.5 Baths
2,520 Sq Ft
$685/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $409,000 $162 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $13,048/month

51 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Marble Flooring
  • Ocean Front
  • Clubhouse
  • Heated Community Pool

About This Home

As of February 2012

REO- Bank Owned property. Breathtaking ocean front Condo/apartment with great ocean and intercoastal water views.Building has chinese drywall in common areas and in the hallways. Inspections are welcomes.Please use FAR BAR AS/IS.

Last Agent to Sell the Property

Maruja Gil

Keller Williams Capital Realty License #3165045 Listed on: 12/06/2011

Keller Williams Capital Realty

Last Buyer's Agent

Maruja Gil

Keller Williams Capital Realty License #3165045 Listed on: 12/06/2011

Keller Williams Capital Realty

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 2007

Lot Details

  • 1.47

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,520 Sq Ft Home
  • Marble Flooring
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Video Cameras
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Ocean Front
  • West of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484331HK0050

Community Details

Overview

  • Mid-Rise Condominium
  • Luna Ocean Residence Condos
  • 10-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Elevator
  • Secure Lobby

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Co-Op

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Stock Cooperative
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Co-Op
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2520
  • Stories: 10
  • Bedroom Features: Other

Exterior Features

  • View: Ocean View
  • Exterior Features: West Of Us1, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Luna Ocean Residence
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 1500
  • Amenities: Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 484331HK0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 10926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2011
Closed on
Feb 24, 2012
Sold by
Bac Florida Bank
Bought by
Nlo Llc
Seller's Agent
Maruja Gil
Keller Williams Capital Realty
Buyer's Agent
Maruja Gil
Keller Williams Capital Realty
List Price
$409,000
Sold Price
$409,000
Current Estimated Value
$1,726,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,317,678
Avg. Annual Appreciation
11.58%

Purchase Details

Closed on
Nov 1, 2011
Sold by
Rumbos Betancourt Flavio Enrique and De Rumbos Mercedes Thery
Bought by
Bac Florida Bank

Purchase Details

Closed on
May 15, 2007
Sold by
704 N Ocean Blvd Associates Ltd
Bought by
Bentancourt Flavio Enrique Rumbos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,625
Interest Rate
6.5%
Mortgage Type
Unknown
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
Nlo Llc $409,000 Excellence Title Agency Inc
Bac Florida Bank $45,100 None Available
Bentancourt Flavio Enrique Rumbos $907,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bentancourt Flavio Enrique Rumbos $680,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2012 02/28/12 Sold $409,000 0.0% $162 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $409,000 -- $162 / 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 $24,138 $1,153,970 -- --
2024 $20,349 $1,153,970 $97,640 $878,750
2023 $20,349 $953,700 $0 $0
2022 $18,226 $867,000 $0 $0
2021 $17,119 $788,190 $0 $0
2020 $15,407 $813,490 $81,350 $732,140
2019 $14,719 $824,170 $82,420 $741,750
2018 $13,308 $773,310 $77,330 $695,980
2017 $12,089 $538,360 $0 $0
2016 $11,543 $489,420 $0 $0
2015 $9,690 $444,930 $0 $0
2014 $8,797 $404,490 $0 $0
2013 -- $367,720 $36,770 $330,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1581240

MIAMI REALTORS® MLS

APN: 48-43-31-HK-0050