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  • $248,000

    148 Breakwater Drive #501, South Portland, ME 04106

    1beds
    538sqft
    Condominium
    Built in 1987
    -- sqft lot
    $249,300 Zestimate®
    $461/sqft
    $1,855 Estimated rent

    Home value

    $249,300

    $232,000 - $269,000

    $1,855/mo

    Zestimate® history
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    What's special

    Welcome to this beautifully newly renovated 1-bedroom, 1-bathroom condo at Breakwater. Thoughtfully redesigned with modern finishes throughout, this move-in-ready condo offers refined, low-maintenance living within a private, well-maintained community. The interior features a complete renovation, including brand-new flooring, a sleek modern kitchen with new cabinetry and countertops, new appliances, and a stylishly updated bathroom. The open and efficient layout maximizes space and natural light, creating a comfortable and inviting living environment. Additional conveniences include on-site laundry facilities, dedicated parking, and professionally managed common areas. Trash removal and snow removal are included, providing ease of ownership and minimal upkeep. Ideally positioned in a premier coastal location, this property offers close proximity to some of South Portland's most desirable destinations, including Bug Light Park, Willard Beach, Spring Point Marina, and the Greenbelt Trail. Enjoy easy access to waterfront recreation, local favorites such as Scratch Baking Co. and 43 North Bistro, and nearby shopping and services. Whether you are seeking a primary residence, a second home, or an investment opportunity, this updated condo presents an excellent chance to own in a sought-after seaside community with exceptional access to beaches, marinas, and the vibrant Greater Portland area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Maine Real Estate Co

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1650492MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Features: Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Laminate
    • Has fireplace: No
    Interior area
    • Total structure area: 538
    • Total interior livable area: 538 sqft
    • Finished area above ground: 538
    • Finished area below ground: 0

    Property

    Details
    • Parcel number: SPORM005B501L074B
    • Zoning: RES

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Roof: Membrane
    Condition
    • Year built: 1987

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $428 monthly
    Location
    • Region: South Portland

    Financial & listing details

    • Price per square foot: $461/sqft
    • Tax assessed value: $262,700
    • Annual tax amount: $3,137
    • Date on market: 2/5/2026

    Price history

    DateEventPrice
    6/9/2026Listing removed$2,000$4/sqft
    Source: Zillow Rentals Report a problem
    5/14/2026Price change$2,000-9.1%$4/sqft
    Source: Zillow Rentals Report a problem
    4/18/2026Listed for rent$2,200$4/sqft
    Source: Zillow Rentals Report a problem
    4/17/2026Listing removed$2,200$4/sqft
    Source: Zillow Rentals Report a problem
    4/16/2026Sold$248,000-17.3%$461/sqft
    Source: Maine Listings #1650492 Report a problem
    4/3/2026Listed for rent$2,200$4/sqft
    Source: Zillow Rentals Report a problem
    4/2/2026Listing removed$2,200$4/sqft
    Source: Zillow Rentals Report a problem
    3/27/2026Listed for rent$2,200$4/sqft
    Source: Zillow Rentals Report a problem
    2/12/2026Pending sale$299,995$558/sqft
    Source: Maine Listings #1650492 Report a problem
    2/5/2026Listed for sale$299,995$558/sqft
    Source: Maine Listings #1650492 Report a problem
    2/3/2026Pending sale$299,995$558/sqft
    Source: Maine Listings #1650492 Report a problem
    1/28/2026Listed for sale$299,995+62.2%$558/sqft
    Source: Maine Listings #1650492 Report a problem
    10/31/2025Sold$184,900$344/sqft
    Source: Maine Listings #1641052 Report a problem
    10/17/2025Pending sale$184,900$344/sqft
    Source: Maine Listings #1641052 Report a problem
    10/16/2025Listed for sale$184,900$344/sqft
    Source: Maine Listings #1641052 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,468 +51.1%$262,700 +61.9%
    2023$2,295 +2.1%$162,300 +12.3%
    2022$2,248 +3.5%$144,500 +31.5%
    2020$2,171 +3.4%$109,900
    2019$2,099 +3.2%$109,900
    2018$2,033 +2.8%$109,900
    2017$1,978 +1.7%$109,900
    2016$1,945 +1.7%$109,900
    2015$1,912 +1.8%$109,900
    2014$1,879 +2.4%$109,900
    2013$1,835 $109,900
    Find assessor info on the county website

    Neighborhood: 04106

    Nearby schools

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