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3500 Blue Lake Drive 503, Pompano Beach, FL 33064
Under Contract
114 Days on Market
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How this price compares

Asking price
$195,000
Price per sq ft
$170
Vs. nearby sales
11.9% below
Days on market
114

This 2-bedroom condo in Blue Lake Apts Condo went under contract with an asking price of $195,000, or $170 per square foot. The asking price has come down 4.9% from its original $205,000. It spent 114 days on the market before going under contract. The 4 most recent condo sales in the closings shown below sold at a median of $193 per square foot, so the asking price was 11.9% below what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,150
Living Sq Ft
1980
Year Built

Estimated monthly payment

$1,025 /mo

Principal and interest only, based on $39,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $772/mo HOA are not included.

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Listing Snapshot

Price
$195,000
Days on Site
114 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,150 sqft
Total Sq Ft
1,150 sqft
Year Built
1980
Property Type
Condo
MLS #
B26031546
Property Tax
$3,368 (2025)
HOA Fees
$772 / Monthly
Subdivision
BLUE LAKE APTS CONDO
County
Broward
Status
Under Contract
Special Conditions
Standard

About This Property

This beautiful 2-bedroom, 2-bathroom top-floor apartment offers breathtaking lake views and natural light throughout. The master bedroom features an en-suite bathroom and ample closet space, while the second bedroom is conveniently located next to the second bathroom. Enjoy resort-style amenities including a pool, tennis courts, gym, and sauna. Located just minutes from major roads, shopping, dining, and beaches, this apartment offers the perfect blend of comfort and convenience. Brand New Roof, Brand New AC, Brand New Bedroom Flooring. Schedule your tour today!

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General Features

Property Type
Condo
Status
Under Contract
Year Built
1980
Property Condition
Resale
Number of Stories
5
Levels
One
Direction Faces
South
Lot Size (Acres)
0
Living Sq Ft
1,150
Total Sq Ft
1,150
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
RM-12

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Range / Refrigerator / Washer
Cooling
Central Air / Ceiling Fans
Heating
Central
Flooring
Carpet / Tile
Interior Features
None
Laundry
Inside / Laundry Closet / Washer Dryer Install Allowed
Main Level Bedrooms
2
Main Level Baths
2
Furnished
Unfurnished

Exterior Features

Construction
Block / Concrete / Stucco
Roof
Mixed
Pool Features
Association
Waterfront
Yes
Waterfront Features
Lake Front
View
Water

Community & HOA

HOA Fee
$772 / Monthly
HOA Name
Blue Lakes Condo
HOA Includes
Common Areas / Maintenance Grounds
Association Amenities
Elevators / Pool / Spa Hot Tub / Tennis Courts
Community Features
Gated
Security
Gated Community
Utilities
Sewer Available / Water Available
Pets Allowed
No Pet Restrictions / Pet Fee / Yes
Financing Terms
Cash / Conventional / Va Loan
Restrictions
Buyer Approval Required / Ok To Lease
MLS Area
3425

This home's HOA fee works out to $772 a month, 36% above the $567 median across 7 homes for sale in Blue Lake Apts Condo. See Blue Lake Apts Condo HOA fees

Schools

Elementary School
Charles Drew (Broward)
Middle School
Crystal Lake
High School
Blanche Ely

Blue Lake Apts Condo is an age-restricted 55+ community in Pompano Beach, Broward County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $205,000 to $269,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Blue Lake Apts and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
7
Median List Price
$165,000
Median $/Sq Ft
$186
Avg Days on Market
144
View all 7 homes for sale in Blue Lake Apts →
How do I schedule a tour of 3500 Blue Lake Drive 503, Pompano Beach, FL 33064?
Use the Tour button on this listing to request a showing of 3500 Blue Lake Drive 503, Pompano Beach, FL 33064. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 3500 Blue Lake Drive 503, Pompano Beach, FL 33064 still available?
3500 Blue Lake Drive 503, Pompano Beach, FL 33064 is currently listed as Under Contract, and has been on the market 114 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 3500 Blue Lake Drive 503, Pompano Beach, FL 33064?
With 20% down ($39,000) on the $195,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3500 Blue Lake Drive 503, Pompano Beach, FL 33064 is about $1,025/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 3500 Blue Lake Drive 503, Pompano Beach, FL 33064?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3500 Blue Lake Drive 503, Pompano Beach, FL 33064. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 3500 Blue Lake Drive 503, Pompano Beach, FL 33064 have an HOA fee?
Yes: 3500 Blue Lake Drive 503, Pompano Beach, FL 33064 carries an HOA fee of about $772 monthly (Blue Lakes Condo). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 3500 Blue Lake Drive 503, Pompano Beach, FL 33064?
3500 Blue Lake Drive 503, Pompano Beach, FL 33064 is zoned for Charles Drew (Broward) (elementary), Crystal Lake (middle), Blanche Ely (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 3500 Blue Lake Drive 503, Pompano Beach, FL 33064?
Often, yes. The right offer on 3500 Blue Lake Drive 503, Pompano Beach, FL 33064 depends on how it's priced against comparable condo sales in Pompano Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Coldwell Banker Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$195,000

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Listed by William Bathurst, Coldwell Banker Realty

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