NOT LISTED FOR SALE

100 NE 5th St Pompano Beach, FL 33060

Downtown Pompano Beach Neighborhood

Estimated Value: $641,549 - $739,000

Studio
-- Bath
3,036 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $575,000 $189 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,403/month

120 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 1-minute walk to Founders Park
  • Tile Flooring

About This Home

As of August 2022

CORNER LOT-INCOME PRODUCING FOURPLEX IN THE HEART OF POMPANO BEACH. 3 tenants out of the 4 units have been there for over 7 years. No rent increases. Total Income $33,000. Roof 6 years. 4 compressors 1-4 years approx. Tile floors throughout. 1 unit upgraded with new kitchen. Rest of the units needs TLC. Fixed up and you can get $1500- 1600 x 4 4 Parking spaces with additional parking on the side 4 x 2/1's Separate electric. Landlord pays utilities $250-$300/M
READ: Broker Remarks

Last Agent to Sell the Property

Kathleen Beasley

EXP Realty LLC License #3224570 Listed on: 03/31/2022

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,672

Year Built

  • Built in 1969

Lot Details

  • 9,365

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,036 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Perry & Wells Sub Corr Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 484235230290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,672

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: North of Atlantic and East of Dixie
  • Year Built: 1969
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 3036.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Trash Collection, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 484235230290
  • Zoning Description: RM-20

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8672.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Aug 26, 2022
Sold by
Bryan Glenn C
Bought by
Jo Al I Inc
Seller's Agent
Kathleen Beasley
EXP Realty LLC
List Price
$590,000
Sold Price
$575,000
Premium/Discount to List
-$15,000
-2.54%
Current Estimated Value
$675,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,137
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Odis Herring Tr and Lucia G Herring Tr
Bought by
Bryan Glenn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,853
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 1993
Sold by
Herring Odis and Herring Lucia G
Bought by
Herring Odis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jo Al I Inc $590,000 Quaker Title & Escrow
Bryan Glenn C $122,500 --
Herring Odis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryan Glenn C $122,853
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $575,000 -2.5% $189 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $590,000 -- $194 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,470 $485,090 $65,690 $419,400
2024 $10,183 $446,120 $65,690 $380,430
2023 $10,183 $425,240 $65,690 $359,550
2022 $9,308 $394,330 $0 $0
2021 $8,672 $358,490 $0 $0
2020 $7,743 $363,140 $65,690 $297,450
2019 $7,143 $325,560 $65,690 $259,870
2018 $6,327 $278,230 $65,690 $212,540
2017 $5,533 $244,870 $0 $0
2016 $5,029 $222,610 $0 $0
2015 $4,934 $206,390 $0 $0
2014 $4,547 $187,630 $0 $0
2013 -- $184,250 $65,690 $118,560
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Beasley

    Seller's Agent in 2022

    Kathleen Beasley

    EXP Realty LLC

    (954) 294-4519

    1 in this area

    50 Total Sales

    Kathleen Beasley
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10324557

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-35-23-0290

Florida Broward County Pompano Beach 33060 Downtown Pompano Beach

100 NE 5th St, Pompano Beach, FL

Not Listed for Sale

MultiFamily

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