2611 N Riverside Drive, #604, Pompano Beach, FL, 33062 | $295,000

Hillsboro Shores Waterfront. Steps From the Sand. Tucked into one of the most coveted slivers of South Florida coastline, where the Atlantic Ocean and Intracoastal Waterway sit just steps from your front door, this beautifully renovated one bedroom, one bath residence delivers true waterfront living in the heart of Hillsboro Shores. Direct Intracoastal and ocean views pour through the living room and primary bedroom, with an open balcony perfectly positioned to watch the daily boat parade roll past and the water shift colors from sunrise through golden hour. The interior has been thoughtfully reimagined: an open concept kitchen, tile flooring hroughout, a generous walk in closet, and additional storage. Impact doors and windows deliver storm season peace of mind, and the bright, sun drenched layout keeps every room connected to the water just beyond the glass. The building reflects the boutique character of the neighborhood. A freshly updated lobby, heated pool with poolside BBQ area, sauna, and a recreation room with pool table. Ownership unlocks the option to join the Hillsboro Shores Improvement Association (HSIA), which provides private beach access at $850 the first year and $350 each year thereafter. The Hillsboro Inlet, Hillsboro Inlet Park, and the soft sand of Hillsboro Beach are all within an easy walk or quick drive. Turn key and ready for the buyer who wants ocean breeze mornings, Intracoastal sunsets, and zero exterior maintenance. Two year ownership required before leasing. Annual rentals only. No pets. No trucks or motorcycles.

Features

  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Development: WATERS EDGE CONDO
  • Year Built: 1972
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Approx Sq. Feet: 777
  • Est. Taxes: $4,531
  • HOA Fee: $842 Monthly
  • View: Water, Intracoastal, Ocean
  • Water Front: Yes
  • Elem. School: Cresthaven
  • Middle School: Crystal Lake
  • High School: Deerfield Beach
  • Pet Policy: No
  • Appliances: Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer, Range
  • MLS#: B26031639
  • Website: https://www.raveis.com
    /prop/B26031639/2611nriversidedrive_pompanobeach_fl?source=qrflyer
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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
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Our Insurance Division:

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2611 N Riverside Drive, #604, Pompano Beach, FL, 33062

$295,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $236,000 $236,000 $236,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $378 $378 $378
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,453 $1,490 $1,960
Total Monthly Payment $1,906 $1,943 $2,413

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.