401 N Riverside Drive 502, Pompano Beach, FL 33062

Overview

Description

Must see penthouse unit with a spectacular intercoastal view and just a short walking distance to the beach, dining and shopping. This turnkey 1 bedroom and 1 bathroom comes with partial hurricane impact windows/door, brand new AC unit, newer water heater and is fully furnished! The enclosed patio adds additional 200sq ft under air. Community laundry and storage room is located just steps away. You can enjoy pool and barbecue on the Inter Coastal Waterway. The building is investor friendly allowing multiple leases per year (max of 6 months) after the first year of ownership. No pets. Don't miss the opportunity to make this your perfect vacation home or permanent residence.

General Property Information

Unit Floor #: 5
Property Sub Type: Stock Cooperative
Bedrooms Total: Yes
Bathrooms Total: Yes
Bathrooms Full: Yes
Living Area Main: 850
Year Built: 1958
Parking Total: 71
Gated Community YN: No
Senior Community YN: No
Land Lease YN: No
Waterfront YN: Yes
Stories Total: 5
Direction Faces: East
Furnished: Furnished
LP/Assessed Value: 1.61

Property Features

Accessibility Features: Accessible Elevator Installed Association Fee Includes: Elevator; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Trash; Water Dining Area: Family/Dining Combination Flooring: Laminate Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Electric Range; Microwave; Refrigerator; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Wall/Window Unit(s) Association Type: Co-Op; Other Type of Association Heating: Window/Wall Interior Features: Elevator Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Limited # Vehicles; Other Restrictions Security Features: None Storm Protection Details: High Impact Door; High Impact Windows Tax Information: Tax Reflects No Exemptions Unit Description: Penthouse Water View: Intracoastal Waterfront Features: Intracoastal Window Features: Blinds; Jalousie Showing Requirements: Showing Service Contingencies: 3rd Party Approval Room Types: Florida Room

Contract Information

Comp Sale YN: No
Original List Price: 289000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 401
Street Direction Prefix: N
Street Name: Riverside
Street Suffix: Drive
Unit Number: 502
City Name: Pompano Beach
State Or Province: FL
Postal Code: 33062
Postal Code +4: 5039
Postal Zip: 33062
Subdivision Name: Marine Terrace
Area: 3113
Geographic Area: NBEA - North Broward Ocean To Intracoastal (3111-3121)
Parcel Number: 484331NV0330
Directions: From Atlantic, go north on N. Riverside, between Atlantic and 14th Street.

Financial Information

Association YN: Yes
Association Fee: 1584
Association Fee Frequency: Quarterly
Application Required YN: Yes
Association Phone: (908)338-8534
Membership Fee Required YN: No
Tax Annual Amount: 3945
Tax Year: 2022
Tax Assessed/SOH Value: 179460
Tax Legal Description: MARINE TERRACE CO-OP UNIT 502
Assessor Market Value: 179460

Status Change Information

Major Change Timestamp: 2023-05-23T19:11:15Z
Major Change Type: Status Change
Status Change Date: 2023-05-23
Under Contract Date: 2023-04-25
Close Date: 2023-05-23
Close Price: 246000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Parking Information

Parking Space Number: 71

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock: Yes
Dock Details: Community Boat Dock

Co-Ownership

Property Management YN: No

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Storm Protection

Impact Glass: Yes

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 289.41
Original List Price To Close Price: 0.85

Section Details

Parcel Number MLX: 0330

Originating Details

Originating System Key: 565470602
Originating System ID: M00000170

Room Information

Room Name
Florida Room