NOT LISTED FOR SALE

1140 NE 24th Ave Pompano Beach, FL 33062

Avalon Harbor Neighborhood

Estimated Value: $954,000 - $994,000

-- Bed
5 Baths
2,855 Sq Ft
$342/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $800,000 $280 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,676/month

46 Days on Market

Highlights

  • No HOA
  • Porch
  • Ceiling Fan
  • Jalousie or louvered window
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

As of August 2023

Great investment opportunity to own a 4-plex east of US1 in Pompano Beach!! 2855' under air. The seller has kept the leases very flexible for the next owner. Unit # 1 is month/month. Unit # 2 is vacant. Unit # 3, lease expires Jan. 2024. Unit #4 in month/month. Individually metered. Tile Roof (2002). Common area laundry. 6 parking spaces. Fantastic potential to renovate the property and attract high end market rents. Less than 1 mile to the beach!! Enjoy restaurants, shopping, golf beaches & so much more!

Last Agent to Sell the Property

Laurie Reader

Keller Williams Dedicated Professionals License #0652792 Listed on: 06/30/2023

Keller Williams Dedicated Professionals

Co-Listed By

Rene Munoz

Keller Williams Dedicated Professionals License #3199775

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,560

Year Built

  • Built in 1962

Lot Details

  • 7,492

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,855 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Porch
  • East of U.S. Route 1

Community Details

  • No Home Owners Association
  • 4 Units
  • Tunison Park Condos
  • Tunison Park Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 484331300340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,560

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Co List Office Mls Id: LFKR01
  • Co List Office Phone: 954-533-7443
  • Directions: Google Maps
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: TUNISON PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2855
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Jalousie

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction, Other
  • Lot Features: Less Than 1/4 Acre Lot, East Of US 1
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TUNISON PARK
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484331300340
  • Zoning: RM-20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10560

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 18, 2023
Sold by
Alvarez Alexander A and Cash Elizabeth J
Bought by
Bezalel Dustin A and Cohen Gil
Seller's Agent
Laurie Reader
Keller Williams Dedicated Professionals
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
29
Current Estimated Value
$977,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,050
Avg. Annual Appreciation
4.43%
Original Mortgage
$600,000
Outstanding Balance
$589,788
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$283,783
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
Bezalel Dustin A $800,000 Blue Marlin Title
Alvarez Alexander A -- Blue Marlin Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bezalel Dustin A $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $800,000 -3.0% $280 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $825,000 -- $289 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $16,229 $727,050 $67,500 $659,550
2024 $13,151 $727,050 $67,500 $659,550
2023 $13,151 $567,700 $67,500 $500,200
2022 $10,559 $437,470 $0 $0
2021 $9,705 $397,700 $0 $0
2020 $9,073 $491,960 $67,500 $424,460
2019 $8,276 $427,760 $67,500 $360,260
2018 $7,308 $368,140 $67,500 $300,640
2017 $6,396 $271,650 $0 $0
2016 $5,769 $246,960 $0 $0
2015 $5,330 $224,510 $0 $0
2014 $4,906 $204,100 $0 $0
2013 -- $201,820 $67,500 $134,320
Source: Public Records

Agents Affiliated with this Home

  • Laurie Reader

    Seller's Agent in 2023

    Laurie Reader

    Keller Williams Dedicated Professionals

    (954) 328-0228

    2 in this area

    2,606 Total Sales

    Laurie Reader
    Section Image
  • Rene Munoz

    Seller Co-Listing Agent in 2023

    Rene Munoz

    Keller Williams Dedicated Professionals

    (954) 533-7443

    1 in this area

    80 Total Sales

    Rene Munoz
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11408380

MIAMI REALTORS® MLS

APN: 48-43-31-30-0340

Florida Broward County Pompano Beach 33062 Avalon Harbor

1140 NE 24th Ave, Pompano Beach, FL

This home is located at 1140 NE 24th Ave, Pompano Beach, FL 33062 since 30 June 2023 and is currently estimated at $977,050, approximately $342 per square foot. This property was built in 1962. 1140 NE 24th Ave 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.

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