Home » Pompano Beach » 401 N Riverside Dr 206, Pompano Beach, FL 33062 | A11404259

Sold 401 N Riverside Dr 206, Pompano Beach, FL 33062

$235,000
closed for a price of $207,000

Property Highlights

Listing ID A11404259 Status of this Listing: Closed Sold Property Type Residential Co-Op Stock Cooperative 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 850 Sqft/78.97 m2 approx. Building Area 850 Sqft/78.97 m2 approx. COMMUNITY POOL Year Built 1958 Waterfront Lease Term Minimum Duration: 0 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 0 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 117 Days

401 N Riverside Dr 206, Pompano Beach, FL 33062

Property Description: INTRACOASTAL FRONT FOR 235K! FRIENDLY BOUTIQUE BUILDING LOCATED STEPS TO WIDE SANDY BEACHES IN THE HEART OF POMPANO! WALK TO OCEAN, NEW FISHING PIER, RESTAURANTS, ENTERTAINMENT AND SHOPPING! GREAT LOCATION! EXTRA LARGE ONE BEDROOM 850 SQ FT, BONUS SUNROOM, 200 SQ FT, GREAT FOR OVERNIGHT GUESTS AND EXTRA LIVING SPACE! INTRACOASTAL VIEWS FROM THIS 2ND FLOOR UNIT, BEST LOCATION IN BUILDING! VIEWS FROM EVERY ROOM! BRING YOUR PERSONAL TOUCHES ON THIS RARE OPPORTUNITY TO OWN AT AN AMAZING PRICE. INVESTOR FRIENDLY, CAN RENT AFTER ONE YEAR OF OWNERSHIP MULTIPLE TIMES 6 MONTH MAX LEASE AT A TIME. HEATED POOL, GRILLS, BIKE/ STORAGE, WASHER/DRYERS EVERY FLOOR, PICKUP/ DROP OFF DOCK! ASSOCIATION OWNS 50PCT OF THE LAND, LEASE UNTIL 2055 OF 40.00 MO. INCLUDED IN MAINTENANCE, EASY TO SHOW.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$249,000
Original List Price:$249,000
Close Price:$207,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Wood
Number of stories:5
Number of Units in the Community or Building:39

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Canal
Waterfront:Yes
Waterfront Features:
  • Intracoastal Access
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Other
Furnished:
  • Furnished
Appliances:
  • Dishwasher
  • Refrigerator
  • Electric Range
Interior Features:
  • Breakfast Bar
  • Living/dining Room
  • First Floor Entry
  • Bedroom On Main Level
Patio and Porch Features:
  • Porch
  • Glass Enclosed
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$3,945

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$1,584
Association Fee Frequency:
  • Quarterly
Association Fee 3rd HOA Frequency:
  • Quarterly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Conditional
  • No
Amenities Provided by the Homeowner's Association (HOA):
  • Boat Dock
  • Pool
  • Bike Storage
  • Vehicle Wash Area
  • Trash
  • Laundry
  • Barbecue
  • Storage
  • Elevator(s)
  • Picnic Area
Subdivision Name:MARINE TERRACE CO-OP
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Insurance
  • Amenities
  • Laundry
Complex Name:MARINE TERRACE CO - OP
Senior Community:No
Development Name:MARINE TERRACE C0-0P
Restrictions: Limited Number of Vehicles, No Lease 1st Year Owned, OK To Lease, See Remarks

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Assigned
  • Guest

More Details

Other Information:
Unit ViewCanal,Intracoastal View
Housing Older Persons ActNo HOPA
Water AccessCommunity Boat Dock
Buy StateFlorida
Unit DesignEast Of Us1,Exterior Cat Walk
Type of AssociationOther
Minimum Number of Days for Lease0
Type of Governing BodiesCo-Op
Tax InformationTax Reflects No Exemptions
Buyer Country of ResidenceUSA
Number of times allowed to lease per year0
Flood ZoneAE
Homeowner's Association Application Fee100
Rooms DescriptionGlassed Porch
Style Co-Op 5+ Stories
FEMA Flood Zone DesignationsAE

Zoning and Legal

Tax Legal Description:MARINE TERRACE CO-OP UNIT 206
Real Estate Folio Number (Parcel Number):484331NV0130
Public Survey Range:48
Public Survey Section:31

Listing History

Update/EventDate/Days
Published Date:June 15, 2023 4:57 pm
On Market Date:June 15, 2023
Close Date:October 10, 2023
Price Change Date Time:July 21, 2023 11:57 am
Last Important Update Description:Closed
Date and Time of Last Important Update:October 10, 2023 5:51 pm
Status Last Changed:October 10, 2023 5:51 pm
Photos Last Modified:June 15, 2023 9:11 pm
Last Modified:October 10, 2023 9:52 pm
Days on the Market (updated on Last Modified*):80
Cumulative Days on the Market (updated on Last Modified**):80

Additional Information

Unit Location:East Of Us1,Exterior Cat Walk
Number of Photos:51
Location:,,
Included:,,
Geographical Area:North Broward Ocean To Intracoastal (3111-3121)
Area:3113
Automated Valuation Display:Yes
Courtesy of:Diligence Realty Services, Inc
Universal Property Id:US-12011-N-484331NV0130-R-N

Location

Show Property Address:Yes
Street Name:Riverside Dr
Street Number:401
Street Direction Prefix:N
Street Address:401 N Riverside Dr 206
Unit Number:206
City : Pompano Beach
State : Florida
Zip Code : 33062
County : Broward County
Full Address:401 N Riverside Dr 206, Pompano Beach, FL 33062
Latitude:N26° 14' 15.9''
Longitude:W81° 54' 28.9''

Neighborhood

Postal City:Pompano Beach

Property Map

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