Sold for $225,000

$225,000

401 N Riverside Drive #503, Pompano Beach, FL 33062

1beds

1,000sqft

Stock Cooperative

Built in 1958

-- sqft lot

$221,300 Zestimate^®

$225/sqft

$-- Estimated rent

Home value

$221,300

$197,000 - $248,000

Not available

Zestimate^® history

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What's special

Absolutely stunning Intracoastal views from this 1 bed 1 bath Penthouse where every day there is a boat parade on Florida’s finest waterways. Marine Terrace is a small boutique building with only 39 units in total, located directly on the water and just a short block to the ocean of which you can see a peek from the living room and kitchen windows. It is light, bright and spacious home with an extended patio giving more living space for those extra guests. Although the new owner will probably want to renovate there are some unique, original features throughout this co-op that are extremely desirable. The building has recently installed brand new elevator, has been freshly painted plus there is laundry & storage on every floor outside a beautiful, heated pool for total relaxation.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 5
Main level bedrooms: 5

Heating

Other

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Appliances

Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Water Heater

Features

Other
Flooring: Carpet, Ceramic Tile

Interior area

Total interior livable area: 1,000 sqft

Property

Parking

Total spaces: 67
Parking features: Assigned
Details: CarportSpaces:0.00

Features

Patio & porch: Deck
Exterior features: Barbecue, Outdoor Living Area
Has view: Yes
View description: Intercoastal
Has water view: Yes
Water view: Intercoastal
Waterfront features: Intracoastal Access, Other

Details

Parcel number: 484331NV0340
Lease amount: $0
Special conditions: Listed As-Is

Construction

Type & style

Home type: Cooperative
Property subtype: Stock Cooperative

Materials

Block

Condition

Resale
New construction: No
Year built: 1958

Community & HOA

Community

Security: None
Subdivision: Marine Terrace Co-op

HOA

Has HOA: Yes
Amenities included: Bike Storage, Maintenance Grounds, Picnic Area, Shuffleboard Court, Storage, Trash, Elevator(s)
Services included: Common Areas, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Trash, Water
HOA fee: $667 monthly

Location

Region: Pompano Beach

Financial & listing details

Price per square foot: $225/sqft
Tax assessed value: $220,000
Annual tax amount: $4,593
Date on market: 5/3/2024
Cumulative days on market: 309 days
Listing terms: Cash

Price history

Date	Event	Price
4/7/2025	Sold	$225,000-13.1%$225/sqft
Source: BeachesMLS #F10437503 Report a problem
12/4/2024	Price change	$259,000-3.7%$259/sqft
Source: BeachesMLS #F10437503 Report a problem
5/3/2024	Listed for sale	$269,000+88.1%$269/sqft
Source: BeachesMLS #F10437503 Report a problem
11/15/2016	Sold	$143,000-4.7%$143/sqft
Source: Agent Provided Report a problem
8/29/2016	Listed for sale	$150,000+324.2%$150/sqft
Source: RE/MAX Preferred #F1379543 Report a problem
3/1/1983	Sold	$35,357$35/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,257 +9.3%	$238,850 +10%
2024	$4,808 +4.7%	$217,140 +10%
2023	$4,593 +16.4%	$197,400 +10%
2022	$3,945 +8.6%	$179,460 +8.6%
2021	$3,633 +6.3%	$165,210 +5%
2020	$3,416 +4.8%	$157,340 +6%
2019	$3,260	$148,500 -4.1%
2018	$3,260 +3.5%	$154,860 +20.3%
2017	$3,149 +15.8%	$128,700 -5.3%
2016	$2,719 -10.5%	$135,960 +10%
2015	$3,036 +16.3%	$123,600 +10%
2014	$2,612	$112,370 +10%
2013	$2,612 +20.9%	$102,160 +7.1%
2012	$2,161 +2.8%	$95,400 +1.1%
2011	$2,101 +4%	$94,400 +4.7%
2010	$2,022 -11.7%	$90,200 -15.7%
2009	$2,290 -32.1%	$107,020 -36.6%
2008	$3,372	$168,930