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
Interior: Breakfast Bar, Bedroom on Main Level, Dual Sinks, Eat-in Kitchen, Handicap Access, High Ceilings, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s), Elevator
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.6K
Per Month
Principal & Interest
$13.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$3,630
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,458
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Pompano Beach Elementary School
700 NE 13th Ave
Distance between this listing and this school1.63 miles
Public District Grades PK-5
Middle School
3
/10
Pompano Beach Middle School
310 NE 6th St
Distance between this listing and this school2.30 miles
Public Magnet Grades 6-8
High School
1
/10
Blanche Ely High School
1201 NW 6th Ave
Distance between this listing and this school2.98 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Pompano Beach Elementary School
700 NE 13th Ave
Distance between this listing and this school1.63 miles
Public District Grades PK-5
Nearby Schools
7
/10
Cresthaven Elementary School
801 NE 25th St
Distance between this listing and this school2.01 miles
Public District Grades PK-5
5
/10
Norcrest Elementary School
3951 NE 16th Ave
Distance between this listing and this school2.40 miles
Public District Grades KG-5
Assigned Schools
3
/10
Pompano Beach Middle School
310 NE 6th St
Distance between this listing and this school2.30 miles
Public Magnet Grades 6-8
Nearby Schools
5
/10
Somerset Pines Academy
901 NE 33rd St
Distance between this listing and this school2.25 miles
Public Charter Grades KG-8
2
/10
Crystal Lake Middle School
3551 NE 3rd Ave
Distance between this listing and this school2.62 miles
Public Magnet Grades 6-8
Assigned Schools
1
/10
Blanche Ely High School
1201 NW 6th Ave
Distance between this listing and this school2.98 miles
Public Magnet Grades 9-12
Nearby Schools
10
/10
Pompano Beach High School
600 NE 13th Ave
Distance between this listing and this school1.63 miles
Public Magnet Grades 9-12
3
/10
Deerfield Beach High School
910 SW 15th St
Distance between this listing and this school3.80 miles
The neighbors living near this home have an average income of $65,663. The majority of Pompano Beach, FL residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1116 N Ocean Blvd Unit 501
What is the listing price of this property?
The listing price of 1116 N Ocean Blvd Unit 501 property is $2,799,000.
What type of property is this?
The property 1116 N Ocean Blvd Unit 501 is a condo located in Pompano Beach, Florida, 33062.
Is this property for sale now?
Active Listing: 1116 N Ocean Blvd Unit 501 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1116 N Ocean Blvd Unit 501 are: Pompano Beach Elementary School: GreatSchools Rating 5/10Pompano Beach Middle School: GreatSchools Rating 3/10Blanche Ely High School: GreatSchools Rating 1/10
How many bedrooms and bathrooms does this property have?
The property at 1116 N Ocean Blvd Unit 501 has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 1116 N Ocean Blvd Unit 501 is 2,428 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1116 N Ocean Blvd Unit 501 is 2023.
Interested in 1116 N Ocean Blvd Unit 501? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1116 N Ocean Blvd Unit 501 in Pompano Beach, FL and zip code 33062 in the East Deerfield Beach / East Pompano Beach neighborhood. This 2,428 square foot home was built in 2023. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 31, 2024 and is currently priced at $2,799,000.
While more than 6 listings in Pompano Beach, FL in April 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 69 were sold below. Between March 2024 and April 2024, Pompano Beach, FL real estate market has seen increase in the number of listings by 10.3%. Listings spent 61 days on the market in April 2024, and had a median list price of $357,649 during the same period.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Live Theatre
Live Theatre
Men's Tennis
Hiking/backpacking
Bloomingdales
Nordstrom Rack
Crate & Barrel
Boston Market
The Cheesecake Factory
Starbucks
Mercedes
Volvo
Audi
News
Alternative
Jazz