Best of Luxury Realty (2024)

Overview

Closing Costs Calculator

  • Status: Pending Sale
  • Parking No info
  • Size: 1,500 ft2/139.35 m2
  • Price Per: $166.52 ft2/$1,792.39 m2
  • Type: Condo
  • Built: 1978
  • HOA: $772.00/MO
  • MLS Number: F10422169
  • View Garden View, Golf View
  • On Site: 104 days
  • Updated: 2 Days Ago
  • Page Views: 6

Unfurnished This is a CASH ONLY sale which means NO FINANCING due to CONDO ASSOCIATION INSURANCE DEDUCTIBLE currently at 7.5%. This is a handyman special & priced as such. THE ENTIRE BUILDING HAS IMPACT WINDOWS, EXCEPT on the sliding patio doors. This unit has a converted patio to increase the under air Sq. Ft. ***BRAND NEW A/C INSTALLED MARCH 2024*** Hot water tank replaced on or about 10/2021. Minimum of 10% at escrow. INSPECTIONS ARE LIMITED TO 5-CALENDAR DAYS, "AS-IS" NO REPAIR CREDITS GIVEN. The building a very short walk to the pool and sun deck. Close to Harrah's Casino & The Pomp new entertainment complex being built. **** THIS IS A CASH ONLY ASSOCIATION DUE TO ASSOCIATION INSURANCE DEDUCTIBLE IS NOW 7.5% ****

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Development Amenities

Development Amenities:

  • Ball Field
  • Bar
  • Barbecue
  • Basketball Court
  • Bbq / Picnic Area
  • Beach Rights
  • Bike And Jog Path
  • Bike Storage
  • Billiard Room
  • Bocce Court
  • Business Center
  • Cabana
  • Cafe / Restaurant
  • Child Play Area
  • Clubhouse / Clubroom
  • Common Laundry
  • Community Room
  • Courtesy Bus
  • Elevators
  • Exercise Room
  • Exterior Lighting
  • Extra Storage
  • Fitness Center
  • Fitness Trail
  • Game Room
  • Golf Course
  • Golf Course Com
  • Golf Equity Available
  • Golf Purchase Required
  • Handball / Basketball
  • Heated Pool
  • Hobby Room
  • Indoor Pool
  • Internet Included
  • Kitchen Facilities
  • Laundry
  • Library
  • Lobby
  • Manager On Site
  • Park
  • Pickleball
  • Picnic Area
  • Playground
  • Pool
  • Private Membership
  • Private Pool
  • Putting Green
  • Recreation Facilities
  • Sauna
  • Shuffleboard
  • Sidewalk
  • Spa Hot Tub
  • Storage
  • Street Lights
  • Tennis Court
  • TennisCourts
  • Trails
  • Trash Chute
  • Vehicle Wash Area
  • Whirlpool
  • Workshop

Price History

DateEventPriceChange RatePrice Per
04/16/2024Price Reduced$249,777.003.8%$166.52 ft2/$1,792.39 m2
04/11/2024Price Reduced$259,777.003.7%$173.18 ft2/$1,864.15 m2
03/30/2024Price Reduced$269,777.000.4%$179.85 ft2/$1,935.90 m2
03/18/2024Price Reduced$270,777.004.9%$180.52 ft2/$1,943.08 m2
02/05/2024Listed$284,777.00$189.85 ft2/$2,043.54 m2

Features

Property Details for 565 Oaks Ln Unit 409, Pompano Beach, FL 33069

Palm Aire, Condo current status is Pending Sale, 565 Oaks Ln Unit 409 is a Condo in , Pompano Beach, FL 33069 with property MLS ID# F10422169. This Condo has been listed on Best of Luxury Realty since February 06, 2024 and is currently priced at 249,777. This property was built in 1978.

  • Bedrooms
  • Bedrooms: 3
  • Bedroom Description: No info
  • Bathrooms
  • Full Bathrooms: 2
  • Half Bathrooms: No info
  • Master Bathroom Description: No info
  • Exterior and Lot Features
  • Exterior Features: Storm/ Security Shutters
  • View: Garden View, Golf View
  • Interior, Heating and Cooling
  • Interior Features: Pantry, Split Bedroom, Walk- In Closets
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/dryer Hook-up
  • Heating Description: Central Heat
  • Cooling Description: No info
  • Building and Construction
  • Floor Description: Carpeted Floors, Tile Floors
  • Windows/Treatment: High Impact Windows, Impact Glass, Sliding
  • Construction Type: Cbs Construction
  • Year Built: 1978
  • Style: Condo 5+ Stories
  • Waterfront and Water Access
  • Waterfront Property: No info
  • Waterfront Frontage: No info
  • Waterfront Description: No info
  • Water Access: None
  • Water Description: No info
  • School Information
  • Elementary School: No info
  • Middle School: No info
  • High School: No info
  • Other Property Info
  • Community Name: Palm Aire
  • Subdivision Name: PALM AIRE CC #66
  • Property Type: Condo
  • Property Subtype: Condo/Co-Op/Villa/Townhouse
  • Type of Association: Homeowners
  • Garage Spaces: No info
  • Listing Date: 02/05/2024
  • Restrictions: Min.Down Payment Req.,No Lease; 1st Year Owned,No Trucks/Rv'S
  • Housing-Older Persons Act: No HOPA
  • Area: 3531
  • Section: 5
  • Brokered By: LoKation
  • Legal Description: NO. 66 PALM-AIRE COUNTRY CLUB APTS CONDO UNIT 409 PER CDO BK/PG: 7441/623
  • Taxes, Fees & More
  • Maintenance/HOA Fees: $772.00/month
  • Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $1,595.00 (2023)
  • Real Estate Taxes: No info
  • Style Tran: No info
  • Special Information: As Is, Handyman Special
  • Security Information: Phone Entry, Intercom In Lobby, Lobby Secured
  • Pet Restrictions: No info
  • Unit Design: Exterior Cat Walk
  • Front Exposure: East
  • Model Name: E
  • Previous List Price: No info
  • Parking Description: Assigned Parking, Guest Parking
  • Total Floors In Building: 5
  • Total Units In Building: No info
  • Complex Name: PALM AIRE CC #66
  • Total Units In Complex: No info

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$249,777.00

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Area Specialist

Buyer/Tenant Etiquette

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Tracey Schmitt

Real Estate Advisor

Best of Luxury Realty (2) Best of Luxury Realty (3) Best of Luxury Realty (4)

Office: (305) 407-1657

Email: tracey@bestofluxuryrealty.com

Specialties:

Luxury Oceanfront Communities, Waterfront Single Family Homes

Memberships:

Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild

Contact Advisor

Best of Luxury Realty (5)This property is courtesy of the LoKation. This listing has been viewed 6 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Special Markers:

*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.

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Best of Luxury Realty (2024)

FAQs

What's the most expensive real estate in Florida? ›

The home in Port Royal. “There is nothing like it, anywhere.” That's the first line describing a home (if you can call it that) listed for $295 million in Naples, Fla. It's the most expensive home for sale in the country, according to the Wall Street Journal.

Who owns the most expensive home in Florida? ›

Larry Ellison, co-founder of Oracle, owns the most expensive house in Florida--the Manalapan Spread--for a record-breaking $173 million.

What does luxury mean in real estate? ›

Luxury homes are often quite large, constructed from premium building materials, feature lavish decor, and have a variety of upscale amenities. You'll find these high end homes in the best, most desirable locations. They're priced at the top 10% of the local real estate market.

What's the most overpriced housing market in Florida? ›

Cape Coral on the state's Gulf Coast was listed as the most overpriced Florida area, ranked third at 38.9%. Other Florida cities on the Top 100 list: Tampa (4th most overvalued), Palm Bay (7th), Lakeland (8th), Orlando (9th), North Port (12th), Deltona (13th) and Jacksonville (25th).

Where do most billionaires live in Florida? ›

We've all heard of Palm Beach! This city is home to many famous and exclusive beaches. It is a spring break location for some and a daily dreamy base for others! Many billionaires have their real estate in Palm Beach, which shows that this city is more than wanted!

Where does Bill Gates own property in Florida? ›

Gates' Wellington, Florida, estate in tony Palm Beach County is the main home of Jennifer Gates Nassar's horseback riding facilities. Gates purchased the properties over three years for about $35 million, and together, the estate stretches a total of 20 acres.

What is the richest area to live in Florida? ›

Palm Beach

With a median household income of $190,800, Palm Beach is the richest city in Florida. The median home price in Palm Beach in 2024 was approximately $2,475,000, making it the most expensive place to buy a house in Florida. Palm Beach is renowned for its wealthy residents and incredible beachfront mansions.

What are the three levels of luxury? ›

Accessible Luxury - regular consumers can afford, but they still provide a level of distinction. Intermediate Luxury Brands - those items that are out of reach for most consumers, providing a barrier to access. Inaccessible Luxury Brands - the highest form of luxury (and wealth) that has total exclusivity.

What counts as an expensive house? ›

Million-Dollar Homes: Properties valued at over $1 million are often solidly within the luxury category, showcasing higher-end finishes, larger lot sizes, and more desirable locations.

Is luxury real estate a good investment? ›

Luxury real estate is a stable asset class, providing a hedge against inflation and economic uncertainty. Unlike volatile investments, luxury homes retain their value even during economic downturns, making them an attractive option for wealth preservation and portfolio diversification.

What part of Florida is most expensive to live? ›

Highland Beach

The town is known for its luxury homes and high cost of living. In fact, Highland Beach is often cited as the most expensive place to live in Florida. The average home price in Highland Beach is over $1.1 million, and the cost of living is nearly 45.8% higher than in the rest of the state.

What is the hottest real estate market in Florida? ›

Orlando and Tampa are poised to sizzle in the real estate scene this year, securing spots among the top 10 hottest markets in 2024, according to Zillow's latest report.

Who bought the $295 million dollar house? ›

Richard Saghian, owner of the fast-fashion business Fashion Nova, has emerged as the winning bidder of the Los Angeles mansion known as “The One.”

Who owns the 295 million house in Naples? ›

The property is owned by the Donahue family. A well-known Naples philanthropist, John "Jack" F. Donahue made his fortune running Pittsburgh-based Federated Investors, which he co-founded in 1955.

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