Sell a Condo Fast in Pompano Beach, FL

Pompano Beach's condo stock is coastal and aging. Census-derived figures put the median year built for the city's houses and condos at 1974, which puts a great many buildings past the 30-year mark where Florida's milestone inspection law applies. Nearly every condo building in the city, beach side or mainland, also falls under Broward County's Building Safety Inspection Program, which the city applies to buildings 25 years and older with repeat inspections every 10 years. On the mainland, Palm Aire is overwhelmingly condo; a recent month showed 273 condos for sale there against 8 townhouses, with a median asking price of about $260,000. One published example shows the stakes. A 2026 listing for a unit at 1000 S Ocean Blvd, in a building from 1973, advertised that the seller would pay a $70,000 special assessment at closing for work tied to the building's recertification.

Pompano Beach Cash Buyers buys condo units across Pompano Beach and North Broward, on the beach and in Palm Aire, with assessments levied, inspections pending and buildings that lenders have declined. We buy as-is, pay the customary closing costs, and close about a week after title is clear, the estoppel certificate is in hand and any association approval is done. This page explains the inspection and reserve rules in the words the statute uses, how an assessment is settled, why financed buyers disappear from some buildings, and how the sale runs.

A milestone inspection under Fla. Stat. 553.899 is a structural check by a licensed engineer or architect. It applies to condominium and cooperative buildings of three or more habitable stories. The first is due at 30 years, then every 10 years. A local enforcement agency may require it at 25 years for buildings near salt water. Phase one is due 180 days after the association receives written notice. Phase two, with testing, is required only if phase one finds substantial structural deterioration. For an owner the inspection matters in two ways: its findings feed the repair budget, and lenders read it before approving a loan in the building. A two-story garden building in Palm Aire is outside the state milestone law but still inside Broward's local 25-year structural and electrical inspection program; a 1970s tower on the beach side is inside both.

A Structural Integrity Reserve Study, SIRS, is an estimate of the building's major structural costs ahead and the savings needed to meet them, performed or verified by a licensed engineer or architect or a certified reserve specialist. It is required for the same covered buildings, and it limits the association's ability to waive reserves for those items. That is why dues in older Pompano Beach buildings rose: money that boards once voted away now has to be collected. HB 913 (2025) added relief. An association that completed a milestone inspection within the previous two calendar years may, with the approval of a majority of all voting interests, pause or reduce SIRS reserve funding for no more than two consecutive annual budgets adopted by December 31, 2028, to pay for the repairs the inspection recommended, and may fund the work with a loan or a line of credit. The pause moves the cost; it does not remove it. A buyer reads the SIRS and the budget together to see what the unit will cost to own.

Before closing the title company orders an estoppel certificate from the association. Under Fla. Stat. 718.116 it must be delivered within 10 business days and states what is owed on the unit for its effective period: regular dues, past-due amounts, and special assessments already levied. A special assessment that has been levied is a debt of the unit. The owner is liable for assessments that came due during ownership, and the buyer is jointly liable for amounts unpaid at transfer. In the 1000 S Ocean Blvd listing, the seller offered to pay the full $70,000 at closing. Our contract states which installments we take on after closing and which are paid from the price at closing, and you see the figures on the settlement statement before you sign.

Many financed buyers cannot buy in a building that failed its milestone inspection or lacks reserves, because lenders following Fannie Mae and Freddie Mac rules decline what they call non-warrantable buildings. The unit can be clean and updated and still sit, because most buyers who tour it need a conventional loan the building blocks; a few portfolio lenders may still lend, at their own terms. In September 2026 the city showed about 7.2 months of supply, a sale-to-list ratio of 95.5 percent and about 1,000 homes for sale, so that unit waits in a deep inventory while its dues and assessment installments keep coming. The practical buyer for a unit in such a building is one paying cash. We evaluate the building ourselves, from the inspection report, the SIRS and the budget, and price the unit with the building's trajectory included.

If your declaration gives the association approval rights over buyers, or a right of first refusal, the sale is contingent on that step. We submit the application when you accept and follow the declaration's procedure; the decision and its timing are the association's. If you are in a dispute with the association over fines, a leak or responsibility for damage, the amounts on the estoppel certificate are settled at closing, but the dispute itself stays yours unless the contract assigns it to us in writing, and an unpaid balance can still be collected by the association from the unit. If the unit is in an estate, the personal representative signs once the Seventeenth Judicial Circuit's probate division has issued letters, plus a sale order where the will or the court requires one; if the unit was the owner's protected homestead, the heirs sign instead. We can contract before that and close when the authority exists.

Send the unit address, the building's name and whatever you have: the last milestone report, the SIRS, the current budget and any assessment notice. We visit, and the written offer follows within 24 hours of the visit. When you accept, a Broward County title company orders the estoppel certificate and the association application goes in the same day. Closing follows about a week after title is clear, the certificate is in hand and any required approval is done. Pompano Beach Cash Buyers pays the customary closing costs and charges no commission. Your net is the price minus your mortgage, your share of the year's taxes, and the association amounts the contract allocates to you based on the estoppel certificate. If your building has finished its inspection and funded its reserves and your unit is updated, a listing may net more, and we will say so.

We buy houses in Pompano Beach for any reason, any condition, or any challenge

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