NOT LISTED FOR SALE

Estimated Value: $510,195 - $587,000

2 Beds
2 Baths
1,215 Sq Ft
$400/ mo HOA Fee

Last Sold January 31, 2019

Last sale price $335,000 $276 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,095/month

97 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Screened Porch
  • Balcony
  • Clubhouse
  • Community Pool
  • Fireplace

About This Home

As of January 2019

WATCH THE VIRTUAL TOUR - Tremendous OPPORTUNITY - Intracoastal location and rarely available. This boutique building is located on a beautiful tree lined street with only 28 units. It is located directly on the Intracoastal waterway and 1 block from the beach. Enjoy the fishing Pier, the many restaurants & shops along the strip. This 1st floor unit has some of the best views in the building. Panoramic & expansive intracoastal views from your living room, master bedroom and the large tiled & screened patio. Enjoy spectacular sunsets, the boat parade and so much more. Upgraded bathrooms,full size washer n dryer in the unit is almost new, the AC & water heater were replaced in 2012. Torremar features a heated pool, a community dock, a small clubhouse with a kitchen, and a BBQ grill area. ADDITIONAL INFORMATION: Torremar only has 28 units and the condo association is self-manged. According to the Seller, there is no formal buyer application, but they do require a personal interview for the approval process and a $150. fee for a background check. There is no new buyer one time capital contribution required. 1 assigned parking space will be issued to the buyer by the association. No children under the age of 11 may occupied the unit on a permanent bias. No pets allowed. The association has a 30 right of first refusal. The new owner can rent the unit right away, but only 1 rental period is allowed per year, and the association must approve the tenant. No Trucks or RV's are permitted. Contact listing agent if you have additional questions.

Last Agent to Sell the Property

Thomas Carroll

Assist-2-Sell-Sell & Buy Rlty License #679890 Listed on: 10/04/2018

Co-Listed By

Don Marton

Assist-2-Sell-Sell & Buy Rlty License #0687472

Last Buyer's Agent

Daniel DeRogatis

RE/MAX Direct License #3043169

RE/MAX Direct

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,254

Year Built

  • Built in 1974

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,215 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Intracoastal Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts an intracoastal waterway

Listing and Financial Details

  • Assessor Parcel Number 484305AM0040

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, recreation facilities, reserve fund, roof, sewer, trash, water
  • 28 Units
  • Torremar Condo Subdivision
  • 11-Story Property

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,254

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$400 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Please use GPS - Guest Parking on North Side of Building
  • Year Built: 1974
  • Entry Level: 1
  • New Construction: No
  • Building Stories: 11
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 11

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Main Level Primary, Separate Shower, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Entry,Foyer Entry,Walk-In Closets
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 1215.0
  • Stories: 5
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area, Porch
  • View: Intercoastal, Water
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened, Balcony
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest

Utilities

  • Security: None
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 400.0
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 484305AM0040
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3254.0

Multi Family

  • Number Of Units In Community: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Mark Victor Trust and Mark Victor Trust
Bought by
Vincent Kevin and Vincent Carla
Current Estimated Value
$543,049

Purchase Details

Listed on
Oct 4, 2018
Closed on
Jan 25, 2019
Sold by
Mctigue Geraldine R and Mctigue Geraldine R
Bought by
Victor Mark and Mark Victor Trust
Seller's Agent
Thomas Carroll
Assist-2-Sell-Sell & Buy Rlty
Buyer's Agent
Daniel DeRogatis
RE/MAX Direct
List Price
$385,000
Sold Price
$335,000
Premium/Discount to List
-$50,000
-12.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Doherty Paul J and Doherty Rosalie M
Bought by
Mctigue Geraldine R

Purchase Details

Closed on
Oct 1, 1993
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vincent Kevin $380,000 Cox Brenda
Victor Mark $335,000 Attorney
Mctigue Geraldine R $225,000 Integrity Title Inc
Available Not $137,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $335,000 -13.0% $276 / Sq Ft
01/01/2019 01/01/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $385,000 -- $317 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $10,445 $493,510 $49,350 $444,160
2025 $9,655 $466,340 $46,630 $419,710
2024 $9,104 $466,340 $46,630 $419,710
2023 $9,104 $409,290 $0 $0
2022 $7,925 $372,090 $37,210 $334,880
2021 $7,285 $342,600 $34,260 $308,340
2020 $7,124 $335,000 $33,500 $301,500
2019 $3,452 $197,820 $0 $0
2018 $3,288 $194,140 $0 $0
2017 $3,254 $190,150 $0 $0
2016 $3,247 $186,240 $0 $0
2015 $3,324 $184,950 $0 $0
2014 $3,355 $183,490 $0 $0
2013 -- $202,500 $20,250 $182,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10143196

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-05-AM-0040

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