631 SE 5th Ter, Pompano Beach, FL, 33060 | $1,030,000

Exceptional waterfront residence completely remodeled and located in a highly desirable exclusive neighborhood with direct ocean access and breathtaking canal views. This elegant 3-bedroom, 2-bathroom home, Designed for the ultimate South Florida lifestyle, the property offers a private pool, spacious outdoor entertaining area, private dock space, and a boat lift for convenient water access. The interior showcases modern finishes and brand-new appliances, including washer, dryer, microwave, dishwasher, refrigerator, and electric range. A rare turnkey opportunity for luxury waterfront living, combining comfort, privacy, and boating convenience in a prime location.

Seize the opportunity to own a premier waterfront residence in the highly sought-after coastal community of Pompano Beach. This exceptional pool home offers 70 feet of direct ocean-access frontage, perfectly designed for boating enthusiasts and those who appreciate the South Florida lifestyle.

Enjoy a 40-foot private dock and an 11, 000 lb boat lift, ideal for accommodating large center console vessels with hardtops. With only one fixed bridge to navigate—and ample clearance—your access to open water is both convenient and efficient.

Features

  • Bedrooms: 3
  • Baths: 2 full
  • Style: Detached,One Story
  • Year Built: 1960
  • Garage: Driveway
  • Heating: Central,Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,459
  • Est. Taxes: $23,845
  • Lot Desc: < 1/4 Acre
  • View: Canal
  • Water Front: Yes
  • Middle School: Pompano B.Middle
  • High School: Blanche Ely
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Washer
  • MLS#: A11982104
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /eprop/A11982104/631se5thter_pompanobeach_fl?source=qrflyer
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Listing courtesy of Investar Realty LLC   Phone: 786-856-5678

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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631 SE 5th Ter, Pompano Beach, FL, 33060

$1,030,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $824,000 $824,000 $824,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.300% 6.235% 6.164%
Monthly Tax Payment $1,987 $1,987 $1,987
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,874 $5,007 $6,953
Total Monthly Payment $6,986 $7,119 $9,065

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.