Karen Heidisch
LoKation
(954) 429-5399
41 Total Sales
2 in Snug Harbor
$147,000 Price Range
1001 Pine Dr Pompano Beach, FL 33060
Snug Harbor Neighborhood
16
Beds
8
Baths
6,915
Sq Ft
0.25
Acre Lot
About This Home
As of June 2021Welcome to the perfect real estate investment property... This property is rented entirely to one tenant who is responsible for most property Maintenance & Expenses with the exception of major property repairs, property insurance policy and property taxes. Tenant has a halfway house business for Rehab patients, (NOT INCLUDED) It serves between the initial medical rehab and going back to independent life to avoid relapse. Tenant is on a 5-year lease with 2 more years left and is absolutely interested in staying for far longer than that. This property has 8 units all 2/1's, Making $132,000 Yearly ($11,000 per month) has $34,747 Yearly Expenses, and Netting $97,253. The current Cap Rate is 5.4% The halfway house License is worth over $100,000 and it is attached to the property
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,491
Year Built
- Built in 1972
Lot Details
- 0.25
Parking
- 12 Parking Spaces
Home Design
- Quadruplex
- Spanish Tile Roof
Interior Spaces
- 6,915 Sq Ft Home
- 2-Story Property
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 494201030920
Community Details
Overview
- No Home Owners Association
- 4 Units
- Ocean Drive Estates Subdivision
Building Details
- Gross Income $132,000
- Net Operating Income $97,253
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2021
Closed on
Jun 8, 2021
Sold by
Kineret Red Line Llc
Bought by
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%
Purchase Details
Closed on
Jul 13, 2018
Sold by
Rc Realty Holding Iii Llc
Bought by
Kineret Red Line Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 13, 2007
Sold by
Pine Drive Investments Property Llc
Bought by
Rc Realty Holding Iii
Purchase Details
Closed on
Aug 24, 2005
Sold by
Pisana Antonio
Bought by
Pine Drive Investments Property Llc
Purchase Details
Closed on
Sep 27, 2002
Sold by
Pisana Antonio and Pisana Laura M
Bought by
Pisana Antonio
Purchase Details
Closed on
Jul 22, 1997
Sold by
Broeman Roland R
Bought by
Pisana Antonio and Pisana Laura M
Purchase Details
Closed on
Jan 3, 1997
Sold by
Shumar Shirley A
Bought by
Broeman Roland R
Purchase Details
Closed on
Nov 12, 1994
Sold by
Shomar Shirley Anne
Bought by
Shumar Shirley Anne and Brandt Shirley Anne
Purchase Details
Closed on
Oct 11, 1994
Sold by
Shumar Shirley Anne and Brandt Shirlye Anne
Bought by
Shumar Shirley Anne and Brandt Shirley Ann
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Snug Harbor, FL
-
Karen Heidisch
-
Venus Proffer PA
Venus Proffer PA
Coldwell Banker Realty
(954) 758-5864
69 Total Sales
3 in Snug Harbor
$215K - $235K Price Range
-
Rafael Monterrey
Rafael Monterrey
Balistreri Real Estate Inc
(844) 721-4864
159 Total Sales
6 in Snug Harbor
$145K - $635K Price Range
-
Julio Leonardo
Julio Leonardo
Tropical Realty Advisors
(754) 253-3302
52 Total Sales
1 in Snug Harbor
$135,000 Price
-
Julia Harris
Julia Harris
Beachfront Realty Inc
(877) 851-1817
18 Total Sales
2 in Snug Harbor
$118,500 Price Range
-
Heather Lefebvre
Heather Lefebvre
Adache Real Estate, LLC
(954) 787-7323
74 Total Sales
2 in Snug Harbor
$1.2M - $2.1M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,750,000 | Attorney | ||
| Kineret Red Line Llc | $1,100,000 | Attorney | |
| Rc Realty Holding Iii | $1,000,000 | Supreme Title & Escrow Inc | |
| Pine Drive Investments Property Llc | $940,000 | -- | |
| Pisana Antonio | -- | -- | |
| Pisana Antonio | $330,000 | -- | |
| Broeman Roland R | $275,000 | -- | |
| Shumar Shirley Anne | -- | -- | |
| Shumar Shirley Anne | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $770,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2021 06/08/21 | Sold | $1,750,000 | -2.8% | $253 / Sq Ft |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 05/02/2021 05/02/21 | For Sale | $1,800,000 | -- | $260 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $27,250 | $1,251,700 | $75,080 | $1,176,620 |
| 2025 | $32,077 | $1,195,250 | $75,080 | $1,120,170 |
| 2024 | $33,156 | $1,435,500 | $75,080 | $1,360,420 |
| 2023 | $33,156 | $1,422,710 | $0 | $0 |
| 2022 | $33,223 | $1,516,620 | $75,080 | $1,441,540 |
| 2021 | $22,842 | $1,020,530 | $75,080 | $945,450 |
| 2020 | $22,491 | $1,020,530 | $75,080 | $945,450 |
| 2019 | $22,652 | $1,020,530 | $75,080 | $945,450 |
| 2018 | $13,407 | $792,770 | $75,080 | $717,690 |
| 2017 | $11,664 | $439,530 | $0 | $0 |
| 2016 | -- | $399,580 | $0 | $0 |
| 2015 | -- | $363,260 | $0 | $0 |
| 2014 | -- | $330,240 | $0 | $0 |
| 2013 | $78 | $336,750 | $75,080 | $261,670 |
Source: Public Records
Agents Affiliated with this Home
-
Karin Benyamin
Buyer's Agent in 2021
Karin Benyamin
Compass Florida, LLC
(754) 422-6406
18 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11036648
APN: 49-42-01-03-0920
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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