NOT LISTED FOR SALE

704 N Ocean Blvd Unit 502 Pompano Beach, FL 33062

Estimated Value: $1,365,000 - $1,627,000

3 Beds
2.5 Baths
2,459 Sq Ft
1.47 Acres

Last Sold August 20, 2020

Last sale price $862,500 $351 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $10,360/month

258 Days on Market

Highlights

  • Ocean Front
  • Heated Community Pool
  • Closet Cabinetry
  • Newly Remodeled
  • Balcony
  • Studio bedroom

About This Home

As of August 2020

2 bedroom + den. this unit offers ceiling to floor windows with direct views of the ocean and intra-coastal. building offers direct beach access, direct ocean heated infinity pool, fitness center, and club room. easy association approval!! beautiful porce lain, freshly painted, blackouts on bedrooms, closets done. easy showing!

Last Agent to Sell the Property

Mayra Rivera

MMLS Assoc.-Inactive Member License #3014576 Listed on: 11/04/2019

Last Buyer's Agent

Tobie Harris

MMLS Assoc.-Inactive Member License #0672931

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,516

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • 1.47

Parking

  • 1 Car Garage

Interior Spaces

  • 2,459 Sq Ft Home
  • Ocean Views
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Closet Cabinetry

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 484331HK0100

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Luna Ocean Residences Condos
  • Luna Ocean Residences Subdivision
  • 10-Story Property

Recreation

  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,516

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Luna Ocean Residences
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2459
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Bedroom Features: Studio

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Luna Ocean Residences
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Amenities: Heated Pool, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484331HK0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Aug 13, 2020
Sold by
Afvig Llc
Bought by
Greene Otis J
Seller's Agent
Mayra Rivera
MMLS Assoc.-Inactive Member
Buyer's Agent
Tobie Harris
MMLS Assoc.-Inactive Member
List Price
$950,000
Sold Price
$862,500
Premium/Discount to List
-$87,500
-9.21%
Current Estimated Value
$1,519,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$657,129
Avg. Annual Appreciation
12.07%
Original Mortgage
$603,750
Interest Rate
2.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 18, 2012
Sold by
Las Araucarias Corporation
Bought by
Afvig Llc

Purchase Details

Closed on
Feb 29, 2008
Sold by
704 N Ocean Blvd Associates Ltd
Bought by
Las Araucarias Corp
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
Greene Otis J $862,500 Core Title Llc
Afvig Llc $600,000 Attorney
Las Araucarias Corp -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greene Otis J $603,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $862,500 -9.2% $351 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $950,000 0.0% $386 / Sq Ft
11/20/2018 11/20/18 Rented $4,200 0.0% --
11/12/2018 11/12/18 Under Contract -- -- --
08/22/2018 08/22/18 For Rent $4,200 +13.5% --
01/01/2016 01/01/16 Rented $3,700 -2.6% --
12/02/2015 12/02/15 Under Contract -- -- --
10/30/2015 10/30/15 For Rent $3,800 -- --
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 $24,478 $1,180,900 -- --
2024 $20,663 $1,180,900 $97,600 $878,370
2023 $20,663 $975,960 $0 $0
2022 $18,516 $887,240 $88,720 $798,520
2021 $16,969 $810,750 $81,080 $729,670
2020 $15,400 $813,140 $81,310 $731,830
2019 $14,714 $823,810 $82,380 $741,430
2018 $13,303 $772,980 $77,300 $695,680
2017 $12,084 $538,140 $0 $0
2016 $11,538 $489,220 $0 $0
2015 $9,686 $444,750 $0 $0
2014 $8,793 $404,320 $0 $0
2013 -- $367,570 $36,760 $330,810
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mayra Rivera

    MMLS Assoc.-Inactive Member

    Section Image

  • T

    Buyer's Agent in 2020

    Tobie Harris

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10767572

MIAMI REALTORS® MLS

APN: 48-43-31-HK-0100

Florida Broward County Pompano Beach 33062

704 N Ocean Blvd Unit 502, Pompano Beach, FL

This home is located at 704 N Ocean Blvd Unit 502, Pompano Beach, FL 33062 since 04 November 2019 and is currently estimated at $1,519,629, approximately $617 per square foot. This property was built in 2007. 704 N Ocean Blvd Unit 502 is a home located in Broward County with nearby schools including Pompano Beach Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

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