NOT LISTED FOR SALE
-- Beds
-- Baths
-- Sq Ft
1979 Built

Sale Details

Date Sold: May 13, 2021

Last sale price $1,187,500

428 Days on Market

Highlights

  • Pool
  • Tile Flooring
  • No Heating
  • Air Conditioning

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: 02/10/2020

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
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,628

Year Built

  • Built in 1979

HOA Fees

  • $1,698 Monthly HOA Fees

Parking

  • Parking Available

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Tile Flooring
  • Range

Pool

Utilities

  • Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 000100000000

Community Details

Overview

  • 2 Units
  • 8 Condo Units Condos
  • 8 Condo Units Subdivision

Recreation

  • Community Pool

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

  • Property Type: Residential Income
  • Year Built: 1979
  • Property Sub Type: Quadruplex
  • Co List Office Mls Id: FLLFRGL01
  • Co List Office Phone: 954-345-9144
  • 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
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Fourplex
  • Subdivision Name: 8 Condo Units
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • CurrentPrice: 1187500
  • ShowingTimeFlag: No
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_Equipment: Air Conditioning Unit, Range, Refrigerator
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Stories: 2

Exterior Features

  • Roof: Comp Shingle Roof, Composition Roll, Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 8 Condo Units
  • MIAMIRE_Parking: Space
  • MIAMIRE_Parking: Space

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1698
  • Amenities: Private Pool
  • Association Fee Frequency: Monthly
  • Association: No
  • Community Features: Gas Metered

Lot Info

  • Parcel Number: 000100000000
  • Zoning: RM-02

Multi Family

  • Net Operating Income: 75996
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 32004

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11628

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
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: MIAMI REALTORS® MLS

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10215970

MIAMI REALTORS® MLS
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