Home » Pompano Beach » Solemar Beach Conod at 1116 Ocean Blvd Pompano Beach » 1116 N Ocean Blvd 501, Pompano Beach, FL 33062 | A11560189

1116 N Ocean Blvd 501, Pompano Beach, FL 33062 | Sold

$2,799,000
closed for a price of $2,700,000

Property Highlights

Listing ID A11560189 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 4 Bathrooms Total 3 Full Bath 1 Half Bath Living Space 2,428 Sqft/225.57 m2 approx. Building Area 2,428 Sqft/225.57 m2 approx. COMMUNITY POOL Year Built 2023 Waterfront Has view of the Ocean Lease Term Minimum Duration: 120 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 120 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 75 Days
76 Photos of this Property

1116 N Ocean Blvd 501, Pompano Beach, FL 33062

Property Description: The newest residence on Pompano Beach - 501 at Solemar the premier south east corner residence on the ocean featuring a flow through floor plan of 3 bedrooms 3.5 bathrooms + den, with floor to ceiling glass doors. Oversized ocean & sunset glass balconies with balcony access from every bedroom and living room. Italian kitchen cabinetry, stone countertops, Sub-Zero appliances, gas range, wine fridge, and cappuccino machine. Resort amenities: east and west pools, spa treatment rooms and services, wine tasting room, state of the art gym, screening room, club room with catering kitchen, bbq areas, fire pits, pavilions, cabanas, breakfast cafe with coffee and light bites, residents concierge, 24/7 valet. Pet friendly. Close to beachfront and waterfront dining, boat club, Hillsboro Inlet and more

Useful Info

Contingency:Pending Inspections
Original List Price:$2,799,000
Close Price:$2,700,000

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
  • Pre-cast Concrete
Flooring:
  • Tile
Number of stories:20
Stories:1

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Water
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Association
Security:
  • Fire Sprinkler System
  • Door Man
  • Elevator Secured
  • Lobby Secured
Furnished:
  • Unfurnished
Accessibility Features:
  • Accessible Elevator Installed
Appliances:
  • Dishwasher
  • Disposal
  • Refrigerator
  • Washer
  • Built-in Oven
  • Some Gas Appliances
Interior Features:
  • Breakfast Bar
  • Eat-in Kitchen
  • Living/dining Room
  • High Ceilings
  • Split Bedrooms
  • Walk-in Closet(s)
  • Bedroom On Main Level
  • Elevator
  • Handicap Access
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Barbecue
  • Balcony
  • Porch
Patio and Porch Features:
  • Balcony
  • Open
  • Wrap Around
Window Features:
  • Blinds
  • Impact Glass
Laundry Features:
  • Washer Hookup
  • Dryer Hookup
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$2,880

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:$3,630
Association Fee Frequency:
  • Monthly
Property Tax Status:New Construction

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:Yes

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Sauna
  • Trash
  • Clubhouse
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Tennis Court(s)
Subdivision Name:Solemar
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Maintenance Structure
  • Common Areas
  • Insurance
  • Reserve Fund
  • Amenities
Complex Name:Solemar
Senior Community:No
Restrictions: Corporate Buyer OK, No Truck, OK To Lease

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Parking Features:
  • Two Or More Spaces
  • Guest
  • Valet

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: East Of Us1,High Rise,Lobby
Type of Association: Condo
Minimum Number of Days for Lease: 120
Type of Governing Bodies: Condominium
Pet Fee: 0
Tax Information: New Construction
Number of times allowed to lease per year: 3
Homeowner's Association Application Fee: 1450
Rooms Description: Den/Library/Office,Utility Room/Laundry
Style: Condo 5+ Stories
Buy State: Florida
Buyer Country of Residence: USA
Water Access Description:None

Zoning and Legal

Tax Legal Description:SOLEMAR CONDO UNIT #501 PER CDO CIN#: 119048674
Real Estate Folio Number (Parcel Number):484330HA0130
Public Survey Range:48
Public Survey Section:30

Listing History

Update/EventDate/Days
Published Date:March 31, 2024 8:12 am
On Market Date:March 30, 2024
Close Date:June 14, 2024
Price Change Date Time:March 29, 2024 11:28 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:June 17, 2024 11:11 am
Status Last Changed:June 17, 2024 11:11 am
Photos Last Modified:April 24, 2024 2:37 am
Last Modified:June 17, 2024 3:12 pm
Days on the Market Reference Date:June 17, 2024
Days on the Market (updated on Last Modified*):28
Cumulative Days on the Market (updated on Last Modified**):211

Additional Information

Unit Location:East Of Us1,High Rise,Lobby
Number of Photos Count:76
Geographical Area:North Broward Ocean To Intracoastal (3111-3121)
Area:3113
Ref ID:1065132253
Automated Valuation Display:Yes
Courtesy of:Compass Florida, LLC
Universal Property Id:US-12011-N-484330HA0130-R-N

Location

Show Property Address:Yes
Street Name:Ocean Blvd
Street Number:1116
Street Direction Prefix:N
Street Address:1116 N Ocean Blvd 501
Unit Number:501
City : Pompano Beach
State : Florida
Zip Code : 33062
County : Broward County
Full Address:1116 N Ocean Blvd 501, Pompano Beach, FL 33062
Latitude:N26° 14' 51.6''
Longitude:W81° 54' 47.6''

Neighborhood

Postal City:Pompano Beach

Property Map

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