405 N Ocean Boulevard 507, Pompano Beach, FL 33062 — MLS photo

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405 N Ocean Boulevard 507, Pompano Beach, FL 33062

Active · Condominium

$535,000

405 N Ocean Boulevard 507, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$446/sq ft
Year built
1970
Lot size
—
HOA fee
$1,016 Monthly
Annual tax
$8,845

About this property

Welcome to Unit 507, where coastal living meets effortless convenience. This beautifully maintained, fully furnished residence is truly turnkey—just bring your suitcase and start enjoying the South Florida lifestyle from day one. Ideally situated directly across from the beach, this light and bright condo offers comfortable living spaces, an inviting atmosphere, and everything needed for a full-time residence or seasonal retreat. The thoughtfully furnished interior creates a warm, welcoming environment, allowing buyers to move right in without the hassle or expense of furnishing a home. Residents enjoy resort-style amenities, secure building access, covered parking, and a prime location near Pompano Beach's vibrant entertainment disctrict.

Property location

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405 N Ocean Boulevard 507, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft
Flooring
Ceramic Tile
Appliances
Built In Oven, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Solar Hot Water, Self Cleaning Oven
Cooling
Central Air
Heating
Central
Interior features
French Doors Atrium Doors, Living Dining Room, Main Living Area Entry Level, Split Bedrooms, Shower Only, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1970
Stories
19
Lot size
0 sq ft
Architectural style
One Story
Roof
Other
Construction
Block
Exterior features
Balcony, Storm Security Shutters
Pool
None, Association, Community
Spa
In Ground, Community
View
Ocean, Water

Parking

Garage spaces
1
Covered spaces
2
Parking features
Assigned, Detached, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$1,016 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Hot Water, Insurance, Internet, Laundry, Parking, Pest Control, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water
Association
Parliament Towers Co
Association contact
954-941-2016
Amenities
Clubhouse, Fitness Center, Laundry, Library, Management, Maintenance, Pool, Shuffleboard Court, Sauna, Spa Hot Tub, Security, Storage, Trash, Elevators
Security
Building Security, Door Man, Fire Alarm, Lobby Secured, Smoke Detectors, Security Guard, Security System
Pets allowed
No
Annual tax
$8,845
Subdivision
PARLIAMENT HOUSE CONDO
County
Broward
Days on market
136
MLS listing ID
B26037721
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,333

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.7%
Gross yield
8.1%
Mortgage payment
$2,536/mo
Down payment
$133,750
Loan amount
$401,250
Annual NOI
$14,433

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.