Home » Lauderdale By The Sea » LEISURE TOWERS at 1500 Ocean Blvd Pompano Beach » 1500 S Ocean Blvd 503, Lauderdale By The Sea, FL 33062 | A11499489

1500 S Ocean Blvd 503, Lauderdale By The Sea, FL 33062 | Sold

$500,000
closed for a price of $485,000

Property Highlights

Listing ID A11499489 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,070 Sqft/99.41 m2 approx. Building Area 1,070 Sqft/99.41 m2 approx. COMMUNITY POOL Year Built 1970 Waterfront Has view of the Ocean Lease Term Minimum Duration: 90 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 90 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 134 Days
41 Photos of this Property

1500 S Ocean Blvd 503, Lauderdale By The Sea, FL 33062

Property Description: Wake up to the sounds and views of the Atlantic Ocean from your bed! Nicely Furnished (turnkey) with upgrades and Direct Ocean views from both bedrooms, living room and balcony! 2nd Room is convertible with doors that open to be used as a DEN that has Brand NEW Murphy bed. Tiled floors thru-out, Total SF 1174. Impact Windows & Door. ALL AGES! Located between Emerging Pompano Beach Pier & Lauderdale By-the-sea: Both are close to places of worship and a 10 min. stroll to Sea ranch lakes Publix shopping center Fischer Family Pier, dining, live entertainment, great beaches & more. Key FOB for building access. Rentals allowed after 1st year w/ a 3 mo. min. & twice per year max. Assigned 1 COVERED parking space and guest parking. Association has quick approvals. Show with Appt.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$515,000
Original List Price:$515,000
Close Price:$485,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Architectural Style:
  • High Rise
Levels:One
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
  • Brick
Flooring:
  • Tile
Number of stories:16
Number of Units in the Community or Building:116
Stories:1
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Water
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Fire Sprinkler System
  • Key Card Entry
  • Closed Circuit Camera(s)
  • Phone Entry
Furnished:
  • Furnished
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Eat-in Kitchen
  • Pantry
  • Walk-in Closet(s)
  • Family/dining Room
Exterior Features:
  • Security/high Impact Doors
  • Fence
  • Balcony
  • Storm/security Shutters
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
  • Drapes
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • Northeast

Taxes and Expenses

Tax Annual Amount:$8,002

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:2023
Association Fee:$765
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

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

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Library
  • Pool
  • Bike Storage
  • Vehicle Wash Area
  • Clubhouse
  • Elevator(s)
  • Shuffleboard Court
  • Community Kitchen
Subdivision Name:LEISURE TOWERS CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Trash
  • Pest Control
  • Pool(s)
  • Maintenance Structure
  • Common Areas
  • Insurance
  • Parking
  • Hot Water
  • Recreation Facilities
  • Laundry
Complex Name:Leisure Towers
Senior Community:No
Restrictions: No Lease 1st Year Owned, No Recreational Vehicles RV, See Remarks

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Covered
  • Assigned
  • Guest
  • Detached Carport
Carport:Yes

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Ocean View,Direct Ocean,Water View
Housing Older Persons Act: No HOPA
Unit Design: Corner Unit,East Of Us1,High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 90
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 2
Flood Zone : VE,X
Homeowner's Association Application Fee: 150
Rooms Description: Storage Room
Style: Condo 5+ Stories
Number of Ceiling Fans: 5
FEMA Flood Zone Designations: VE,X
Municipal Code: 0
Subdivision Number: 17
Buyer Country of Residence: Argentina
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:LEISURE TOWERS CONDO UNIT 503 PER CDO BK/PG: 3767/824
Real Estate Folio Number (Parcel Number):494307AG0310
Public Survey Township:50
Public Survey Range:49
Public Survey Section:24

Listing History

Update/EventDate/Days
Published Date:December 14, 2023 11:05 pm
On Market Date:December 14, 2023
Close Date:April 26, 2024
Price Change Date Time:February 19, 2024 10:53 am
Last Important Update Description:Closed
Date and Time of Last Important Update:April 30, 2024 3:50 pm
Status Last Changed:April 30, 2024 3:50 pm
Photos Last Modified:December 15, 2023 11:58 am
Last Modified:April 30, 2024 7:51 pm
Days on the Market Reference Date:April 30, 2024
Days on the Market (updated on Last Modified*):79
Cumulative Days on the Market (updated on Last Modified**):79

Additional Information

Unit Location:Corner Unit,East Of Us1,High Rise
Number of Photos Count:41
Geographical Area:North Broward Ocean To Intracoastal (3111-3121)
Area:3121
Ref ID:1052389841
Courtesy of:Coldwell Banker Realty
Universal Property Id:US-12011-N-494307AG0310-R-N

Location

Show Property Address:Yes
Street Name:Ocean Blvd
Street Number:1500
Street Direction Prefix:S
Street Address:1500 S Ocean Blvd 503
Unit Number:503
City : Lauderdale By The Sea
State : Florida
Zip Code : 33062
County : Broward County
Full Address:1500 S Ocean Blvd 503, Lauderdale By The Sea, FL 33062
Latitude:N26° 12' 42.7''
Longitude:W81° 54' 27''

Neighborhood

Postal City:Lauderdale By The Sea

Property Map

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