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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: 8
Active listings for sale: 15
Building inventory for sale: 15%
Number of sales over the last 12 months: 13
Number of sales over the last 6 months: 5
Number of sales over the last 3 months: 3
Avg. time to close over last 12 months: 107 days

Address

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

Recent Sales

Unit # Size Closing Date Sale Price PPSF
1602 1,923 sq ft Nov 2024 $2,250,000 $1,170
901 2,428 sq ft Oct 2024 $2,885,000 $1,188
1604 2,290 sq ft Sep 2024 $2,650,000 $1,157
1402 2,037 sq ft Jun 2024 $2,300,000 $1,129
501 2,428 sq ft Jun 2024 $2,700,000 $1,112

Market Information

Building vs Area

Solemar: $1194/sq. ft.
Pompano Beach: $299/sq. ft.

Area vs City

Pompano Beach $299/sq. ft.
Broward $339/sq. ft.

Inventory for sale

Pompano Beach: 4%
Broward: 4%

Avg. time to close over last 12 months

Solemar 107 days
Pompano Beach: 79 days
Broward: 74 days