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+45 photosWaterfront home — 196 SE 4th Terrace K-1 · KOi RESIDENCE & MARINA · Pompano Beach
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Open property magazine$949,000
196 SE 4th Terrace K-1, Pompano Beach, FL 33060
Pompano Beach, FL, 33060
3 bd · 3 ba · 2,606 sqft
Listed by Millennium Sales & Investments
196 SE 4th Terrace K-1, Pompano Beach, FL 33060
Listed by Millennium Sales & Investments
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
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Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated Monthly Payment
20% down · 6.75% interest · 30-year loan · Conforming loan
Principal, interest, taxes and insurance, HOA. Property Tax (after sale). Estimated; not a lender quote.
- Principal & interest
- $4,924/mo
- Property tax (after sale) est.
- $949/mo
- Homeowners insurance est.
- $530/mo
- HOA
- $1,104/mo
Estimate only, not guaranteed. Verify before you buy or sell.
Cash to close
196 SE 4th Terrace K-1, Pompano Beach, FL 33060
Estimated cash to close est.
$212,582.77
Down payment plus Florida taxes, title, lender and prepaid costs.
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $759,200.00Conforming loan
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
$212,582.77
- Down payment est.
- $189,800.00
- Mortgage note documentary stamps est.
- $2,657.20
- Mortgage intangible tax est.
- $1,518.40
- Lender’s title insurance est.
- $25.00
- Lender title endorsements est.
- $25.00
- Lender fees est.
- $1,500.00
- Appraisal est.
- $650.00
- Owner’s title insurance est.
- $4,820.00
- Title search & examination est.
- $125.00
- Municipal lien search est.
- $150.00
- Settlement / closing fee est.
- $450.00
- County recording (deed) est.
- $30.00
- County recording (mortgage) est.
- $120.00
- Inspection, wind mitigation & 4-point est.
- $900.00
- Survey est.
- $500.00
- Property tax escrow (2 months, after sale) est.
- $1,898.00
- Insurance escrow (2 months) est.
- $1,059.17
- First-year insurance premium est.
- $6,355.00
- HOA / condo contribution or transfer est.
- Not provided
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Insurance & flood
- Flood zone (FEMA)
- Zone AE Coastal FloodplainFlood insurance required
- Homeowners insurance est.
- $530 / month
Flood insurance is required with a federally backed mortgage (FHA, VA, USDA, or a conventional loan from a federally regulated lender). The monthly insurance estimate above does not include flood insurance — see "Show details" for the flood rules and the official FEMA map.
Source: FEMA National Flood Hazard Layer · Date checked: Nov 6, 2026
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
Flood zone: AE
High-risk mapped flood area (1% annual chance of flooding).
Source: FEMA National Flood Hazard Layer · Date checked: Nov 6, 2026
- Roof type
- Concrete
- Roof year
- Not provided —
- Impact windows / doors
- Not provided —
- Shutters
- Not provided —
- Window features
- Blinds
- Year built
- 2016
Homeowners insurance: $530 / month est.
- Annual premium est.
- $6,050
- Fees & taxes est.
- $305
- Annual total est.
- $6,355
- Likely range est.
- $5,402–$7,626
- Dwelling coverage est.
- $618,925
- Other structures est.
- $12,379
- Personal property est.
- $123,785
- Loss of use est.
- $61,893
- Hurricane deductible (2%) est.
- $12,379
Based on the listing: 2,606 sq ft · built 2016 · 4 stories.
Dwelling coverage uses living area × county rebuilding cost. Selling price and land value are not included. The monthly estimate includes fees and applicable taxes.
Broward inland rates were calibrated against two supplied policies; other county and coastal rates have not yet been calibrated against real quotes.
Assumed where the listing is silent: concrete-block construction · coastal rating band · roof 6–15 years old · gable roof · standard finish · 2% hurricane deductible · admitted carrier; no surplus-lines tax. A newer roof, a hip roof shape, or a higher deductible can lower the premium; frame construction can raise it.
Educational estimate only, not an insurance quote. Actual premiums depend on the carrier, inspections, discounts, and underwriting. Flood insurance not included. Simon Gedz is a Realtor, not a licensed insurance agent.
Special Flood Hazard Area. With a federally backed mortgage (FHA, VA, USDA, or a conventional loan from a federally regulated lender), flood insurance is required.
The FEMA map is a strong indication, not the final answer: your lender orders its own flood zone determination. Cash buyers are not required to carry flood insurance, but on the water it is strongly recommended.
Florida rule: by 2027, Citizens policyholders must carry flood insurance even outside a flood zone, unless the Citizens policy excludes wind coverage. The FEMA map does not show this.
How flood insurance is priced (FEMA Risk Rating 2.0)
Flood insurance is priced home by home, so two neighbors on the same canal can pay very different amounts. Premiums depend on the home's elevation (first-floor height above the expected flood level), distance to water (ocean, Intracoastal, canal or river), the type of flood risk (storm surge, heavy rain or river overflow), the cost to rebuild, the foundation and construction type, and past flood claims on the property.
Federal flood insurance (NFIP) pays at most $250,000 for the building and $100,000 for contents. A luxury waterfront home needs private flood insurance or an "excess flood" policy on top.
Before an offer: pull the official FEMA flood map (FIRMette), ask the seller for an elevation certificate (it largely decides the price), ask whether the seller's existing NFIP policy can be transferred to you (sometimes at a lower rate), and have an insurance agent check prior flood claims (CLUE report). New NFIP policies usually have a 30-day wait before they take effect — don't leave it until the week of closing.
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homesStunning WATERFRONT Four Story Townhome! Premier corner unit at the KOI RESIDENCES & MARINA! Overlooks Canals & City for a quiet setting THIS IS IT! Four level 3200 SF 3/2.5 loaded with upgrades. Epoxy flooring thru-out. Private elevator. Kitchen features stainless steel appliances & Corian countertops. Balconies & porch area redone in stunning 3-tone epoxy. NATURE TRAIL Relax&unwind by taking a walk through Koi's stunning nature trails. Community center features a state-of-the-art fitness center. Play pool or take a relaxing swim in the pool, while enjoying the breathtaking views of the marina,or relax under the shade of a cabana, the choice is yours. BBQ, dog walk park. There is easy access to the waterway & 30ft boat slips for rent. BACK ON THE MARKET buyer's property failed to close. This Townhome consists of three full bedrooms and two and one- half baths. The kitchen features stainless steel appliances and Corian countertops. Additionally, this 4-story Villa has its own private elevator. The balconies and porch areas have just been redone in a stunning 3 tone epoxy. There is easy access to the waterway and 30ft boat slips for rent. Amenities include;MARINAYou can enjoy ocean access at your leisure, any day or night. Experience nautical freedom and the exceptional advantages of having your boat steps away from your front door. PRIVATE GATED COMMUNITY- 1.5 miles to POMPANO BEACH AND PIER.PRESERVEKoi Residences and Marina is home to one of the largest and last remaining mangrove preservation in South Florida. Koi was designed to preserve and showcase their natural beauty. NATURE TRAILRelax and unwind by taking a walk through Koi's stunning nature trails. Our waterside trails offer a new perspective on waterfront living and highlight the essence of Pompano Beach's waterways.POOL & FITNESS CENTERExperience the best of fitness and fun at Koi Residences and Marina.The community center features a state-of-the-art fitness center. Play pool or take a relaxing swim in the pool, while enjoying the breathtaking views of the marina, or relax under the shade of a cabana, the choice is yours. The information herein is deemed reliable and subject to errors, omissions or changes without notice. It has not been verified by Broker.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
243 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Dogs
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Cats
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Breed restrictions
Some breeds not accepted
Your costs (est.)
≈ $7,507/mo
196 SE 4th Terrace K-1, Pompano Beach, FL 33060 · Pompano Beach
Location
196 SE 4th Terrace K-1, Pompano Beach, FL 33060
Dock & Draft Match™
Ask about dock
Boat fit not verified. Confirm dock length, depth, bridges and ocean access before buying.
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 196 SE 4th Terrace K-1, Pompano Beach, FL 33060?+
Property tax (after sale): $949/month est.; homeowners insurance: $530/month est.; HOA: $1,104/month. Fixed ownership costs before a mortgage: $2,583/month est. Principal and interest: $4,924/month; PMI: $0/month. Total for the payment scenario shown: $7,507/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 196 SE 4th Terrace K-1, Pompano Beach, FL 33060?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 196 SE 4th Terrace K-1, Pompano Beach, FL 33060 need flood insurance, and what drives the premium?+
Most of Pompano Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 196 SE 4th Terrace K-1, Pompano Beach, FL 33060?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 196 SE 4th Terrace K-1, Pompano Beach, FL 33060 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Pompano Beach luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 196 SE 4th Terrace K-1, Pompano Beach, FL 33060?+
This listing has been on the market 243 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Pompano Beach. Resurging beachfront city with a new pier district, golf, and quick reach to both Fort Lauderdale and Boca.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Pompano Beach Middle School
Middle school · 0.4 mi from this home · 310 Ne 6Th St, Pompano Beach
Zone boundaries published by Broward County Public Schools.
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School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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The home, in a magazine
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Simon Gedz
Realtor® since 1995
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$949,000 · MLS F10552759
$949,000
196 SE 4th Terrace K-1