NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1979 Built

Sale Details

Date Sold: May 13, 2021

Last sale price $1,187,500

428 Days on Market

Highlights

  • In Ground Pool
  • Porch
  • Tile Flooring
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • No Heating

About This Home

As of May 2021

Amazing Find In The Heart Of Pompano Beach! Own 8 Condo Units In Pompano Beach! Located About 2.5 Miles From The Beach! Building Has Shared Pool & A Total of Only 32 Units! Low HOA Fees With NO RENTAL RESTRICTIONS! Units Consist Of Seven 2 Bedroom 1 Bath Units & One 1 Bedroom 1 Bath Unit. Annual Gross Income $108,00. Projected Gross Income $133,200. Total Expenses: $32,004 Expenses Include Taxes: $11,628 Maintenance Fees: $20,376. Projected Cap Rate 8.5% Amazing Find In The Heart Of Pompano Beach! Own 8 Condo Units In Pompano Beach! Located About 2.5 Miles From The Beach! Building Has Shared Pool & A Total of Only 32 Units! Low HOA Fees With NO RENTAL RESTRICTIONS! Units Consist Of Seven 2 Bedroom 1 Bath Units & One 1 Bedroom 1 Bath Unit. Annual Gross Income $108,00. Projected Gross Income $133,200. Total Expenses: $32,004 Expenses Include Taxes: $11,628 Maintenance Fees: $20,376. Projected Cap Rate 8.5%

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 02/11/2020

Co-Listed By

Natasha Q Realtor

Fidelity Real Estate Group LLC License #3320937

Last Buyer's Agent

Blima Efraim

MMLS Assoc.-Inactive Member License #3489912

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,628

Year Built

  • Built in 1979

HOA Fees

  • $1,698 Monthly HOA Fees

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Tile Flooring

Outdoor Features

  • In Ground Pool
  • Balcony
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 000100000000

Community Details

Overview

  • Association fees include sewer, water
  • 2 Units
  • 8 Condo Units Subdivision

Building Details

  • Operating Expense $32,004
  • Net Operating Income $75,996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,628

Year Built

Built in 1979

Lot Details

0 Sq Ft Lot

HOA Fees

$1,698 per month

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: From A1A & NE 14th Street Causeway. Head West on NE 14th Street Causeway. Turn left onto NE 25th Ave. Turn left onto NE 13th St/Harbor Dr. Turn right onto NE 10th Ct. turn right onto NE 24th Ave Destination will be on the left
  • Year Built: 1979
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: < 1/4 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None, Separate Meters
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1698.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Sewer, Water

Lot Info

  • Parcel #: 000100000000
  • Mobile Dim Units: Feet
  • Zoning: RM-02

Multi Family

  • Property Net Operating Income: 75996.0
  • Number Of Units In Community: 2
  • Annual Operating Expense: 32004.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11628.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2021 05/13/21 Sold $1,187,500 -0.2% --
04/13/2021 04/13/21 Pending -- -- --
02/10/2020 02/10/20 For Sale $1,190,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10215970

BeachesMLS (Greater Fort Lauderdale)
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