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Built in 2023 - 99 units - 21 floors

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Building Information

Solemar

Number of units: 99
Active listings for rent: 10
Active listings for sale: 13
Building inventory for sale: 13%
Number of sales over the last 12 months: 11
Number of sales over the last 6 months: 8
Number of sales over the last 3 months: 4
Avg. time to close over last 12 months: 102 days

Address

1116 N Ocean Blvd, Pompano Beach, Broward, FL, 33062

Recent Sales

Unit # Size Closing Date Sale Price PPSF
1402 2,037 sq ft Jun 2024 $2,300,000 $1,129
501 2,428 sq ft Jun 2024 $2,700,000 $1,112
1603 2,045 sq ft May 2024 $1,900,000 $929
805 2,033 sq ft May 2024 $2,250,000 $1,107
1606 2,589 sq ft Apr 2024 $2,835,000 $1,095
1102 1,923 sq ft Apr 2024 $1,655,900 $861

Market Information

Building vs Area

Solemar: $1198/sq. ft.
Pompano Beach: $313/sq. ft.

Area vs City

Pompano Beach $313/sq. ft.
Broward $349/sq. ft.

Inventory for sale

Pompano Beach: 3%
Broward: 4%

Avg. time to close over last 12 months

Solemar 102 days
Pompano Beach: 76 days
Broward: 70 days