Atlantic Luxury AdvisorsKeller Williams Realty Services

15 photos

3232 Canal Dr #20

Pompano Beach, FL 33062

$169,900
1
1
600 sq ft
1961
Stock Cooperative
$450/mo
Yes
Yes
21
Active

Listing courtesy of Home Sold Realty LLC. Contact: 833-700-2782.

About this home

Bright , 1/1 cooperative apartment, Currently With IMMEDIATE BOAT SLIP AVAILABLE (30' max. length, 8.5' beam @ $12.50/mo./ft.). Building end unit, with extra windows in bed and dining rooms and central air conditioning (with dual climate controls: Humidity/Temperature). Rio Mar is located less than 5 minute walk to the sandy Pompano North Beach, with the Wahoo Canal in front of building, for a true Florida view...and awaiting your boat. Assigned, off street parking, community pool/BBQ, and a coin community laundry is on the same floor. 35 years remain on existing land lease, with those lease payments included in $450/mo. Shareholder Dues. Unit had been a short term rental, with your rental possibilities beginning immediately upon purchase. Apartment being sold semi-furnished with full bedroom set (two twin beds combined to a king), 2 dressers, lamps, and mounted Roku flat screens in bedroom, as well as the living area. Bedroom has a large, full length split closet, with additional storage above. Furnishings in the living area include a queen-size fold out couch, 2 Ikea chairs, a couple of end tables, corner living area lamp and some wall art, all to remain with unit. Incidental short-term rental items are included: small appliances, mircowave, dishes, towels, bedding, beach chairs, 2 cooperative approved front patio chairs and table, etc. 80 gallon electric water heater, central air (condensor: 2021) and south and west side hurricane shutters--north side picture window is hurricane glass, with walkway overhang and staircase location further protecting front of apartment, while allowing view of pool and boats (Yours?!?) in the canal. No financing--Cash Only. Cooperative requires application/fee and interview prior to share purchase and granting of proprietary lease for Apartment 20.

Virtual tour
What it costs to own
Estimated monthly payment
$1,629/mo
Principal and interest
$859
Property tax
$212
Homeowners insurance
$108
HOA
$450

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$2,544/yr

Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$450/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

This building was built in 1961, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.