NOT LISTED FOR SALE

1120 NE 24th Ave Unit 1-3 Pompano Beach, FL 33062

Avalon Harbor Neighborhood

Estimated Value: $633,623 - $963,000

4 Beds
4 Baths
2,948 Sq Ft
$263/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $470,000 $159 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,244/month

172 Days on Market

About This Home

As of March 2021

Great size triplex (+ studio) located in sunny Pompano Beach east of Federal Hwy. Close to beaches, parks, public golf and other entertainment and activities. All units have tile floors and have been updated. New AC units replaced 2 years ago. Separate electric meters. No HOA fees. 6+ parking spaces. All impact windows. All tenants are month to month and have been at the residence for a few years. Please call agent for showing - Do not disturb tenants. Thank you.

Last Agent to Sell the Property

Kirill Mushlin

Lyonsgate Realty, Inc. License #3398861 Listed on: 09/01/2020

Co-Listed By

Gary Khachatrian

Lyonsgate Realty, Inc. License #3233155

Last Buyer's Agent

Kirill Mushlin

Lyonsgate Realty, Inc. License #3398861 Listed on: 09/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,085

Year Built

  • Built in 1963

Lot Details

  • 7,500 Sq Ft Lot
  • Sprinkler System

Home Design

  • Triplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 2,948 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484331300350

Community Details

Overview

  • 3 Units
  • Tunison Park Subdivision

Building Details

  • Operating Expense $11,685
  • Net Operating Income $25,515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,085

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: E. OF FEDERAL BETWEEN 11-12 ST JPS OR GOOGLE
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2948.0
  • Window Features: Blinds

Exterior Features

  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 484331300350
  • Lot Size Sq Ft: 7500.0
  • Zoning Description: RM-20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 25515.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 11685.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8085.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Mar 23, 2021
Sold by
Abov Llc
Bought by
Properties Ready 4U Llc
Seller's Agent
Kirill Mushlin
Lyonsgate Realty, Inc.
Buyer's Agent
Kirill Mushlin
Lyonsgate Realty, Inc.
List Price
$570,000
Sold Price
$470,000
Premium/Discount to List
-$100,000
-17.54%
Current Estimated Value
$774,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,656
Avg. Annual Appreciation
13.48%

Purchase Details

Closed on
Apr 29, 2013
Sold by
Gibbons Adam
Bought by
Abov Llc

Purchase Details

Closed on
Dec 10, 2012
Sold by
Jameson Christopher
Bought by
Gibbons Adam

Purchase Details

Closed on
May 30, 2012
Sold by
Schade Wilhelm
Bought by
Jameson Christopher

Purchase Details

Closed on
Jan 30, 2010
Sold by
Philbrick Michael
Bought by
Schade Wilhelm
Source: Public Records

Range of Values:

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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
Properties Ready 4U Llc $470,000 Palm Title Services Inc
Abov Llc $238,500 Gibraltar Title & Escrow Co
Gibbons Adam -- None Available
Jameson Christopher $224,500 Attorney
Schade Wilhelm $142,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $470,000 -17.5% $159 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
09/01/2020 09/01/20 For Sale $570,000 -- $193 / Sq Ft
Source: BeachesMLS

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 $12,273 $568,750 -- --
2024 $10,904 $568,750 $67,500 $420,440
2023 $10,904 $470,050 $0 $0
2022 $9,547 $427,320 $67,500 $359,820
2021 $8,967 $395,510 $0 $0
2020 $7,964 $359,560 $67,500 $292,060
2019 $8,085 $413,050 $67,500 $345,550
2018 $7,159 $359,560 $67,500 $292,060
2017 $6,287 $279,340 $0 $0
2016 $5,680 $253,950 $0 $0
2015 $5,237 $230,870 $0 $0
2014 $4,809 $209,890 $0 $0
2013 -- $202,660 $67,500 $135,160
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kirill Mushlin

    Lyonsgate Realty, Inc.

    (561) 392-7500

    1 in this area

    5 Total Sales

    Kirill Mushlin
    Section Image
  • Gary Khachatrian

    Seller Co-Listing Agent in 2021

    Gary Khachatrian

    Lyonsgate Realty, Inc.

    (561) 445-7737

    1 in this area

    5 Total Sales

    Gary Khachatrian
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10651643

BeachesMLS

APN: 48-43-31-30-0350

Florida Broward County Pompano Beach 33062 Avalon Harbor

1120 NE 24th Ave Unit 1-3, Pompano Beach, FL

This home is located at 1120 NE 24th Ave Unit 1-3, Pompano Beach, FL 33062 since 01 September 2020 and is currently estimated at $774,656, approximately $262 per square foot. This property was built in 1963. 1120 NE 24th Ave Unit 1-3 is a home located in Broward County with nearby schools including Pompano Beach Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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