NOT LISTED FOR SALE

119 NE 5th St Pompano Beach, FL 33060

Downtown Pompano Beach Neighborhood

Estimated Value: $576,000 - $716,000

4 Beds
4 Baths
2,200 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $433,333 $197 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,233/month

95 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • 1-minute walk to Founders Park

About This Home

As of May 2019

If you are feeling cramped and want a large 1 bedroom that gives you the room to live in an area that's becoming Florida's newest hot spot - this is the spacious 1/1 that fits your budget and your overwhelming need for space WITH AN IN UNIT WASHER DRYER! Tile floors, large bedrooms, living area and open kitchen floorplan makes this the apartment that's perfect for entertaining friends. Close to the LA Fitness and the up and coming Downtown Pompano area - the location of this 1/1 makes it the perfect spot for any person looking for the perfect place. Within walking distance to Pompano Beach middle school which is right across the street and all the exciting happenings with new condos, new restaurants and entertainment all within walking distance! Come and see today!!

Last Agent to Sell the Property

Julie Abolafia

Meridian Commercial License #3129097 Listed on: 12/14/2018

Co-Listed By

Douglas Driver

Meridian Commercial License #0672274

Last Buyer's Agent

Douglas Driver

Meridan Realty Advisors, Inc License #0672274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 1968

Lot Details

  • 5,837

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Perry & Wells Sub Corr Pla Condos
  • Perry & Wells Sub Corr Pla Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 484235230141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,632

Year Built

Built in 1968

Lot Details

5,837 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Quadruplex
  • Co List Office Mls Id: MDNC01
  • Co List Office Phone: 754-900-1900
  • Directions: I-95 to Atlantic Blvd left onto N Dixie Highway, take a right on NE 6th St, then make a right NE 2nd ave, then a quick right onto NE 5th St and the property will be on the right.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PERRY & WELLS SUB CORR PLA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PERRY & WELLS SUB CORR PLA
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484235230141
  • Zoning: TO-DPOD
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4632

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
May 17, 2019
Sold by
Cofab Properties Llc
Bought by
2 Mk Poakland Inc
Seller's Agent
Julie Abolafia
Meridian Commercial
Buyer's Agent
Douglas Driver
Meridan Realty Advisors, Inc
List Price
$447,500
Sold Price
$433,333
Premium/Discount to List
-$14,167
-3.17%
Current Estimated Value
$641,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,000
Avg. Annual Appreciation
5.95%
Original Mortgage
$975,000
Outstanding Balance
$848,291
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
-$206,958

Purchase Details

Closed on
Nov 19, 2014
Sold by
Kraus William Edward and Kraus Phyllis Marie
Bought by
Cofab Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2000
Sold by
Available Not
Bought by
Available Not
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2 Mk Poakland Inc $866,700 Attorney
Cofab Properties Llc $425,000 Attorney
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2 Mk Poakland Inc $975,000
Previous Owner Cofab Properties Llc $297,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2023 04/11/23 For Rent $1,595 0.0% --
05/15/2019 05/15/19 Sold $433,333 -3.2% $197 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
12/01/2018 12/01/18 For Sale $447,500 -- $203 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2026 $10,831 $460,570 $40,950 $419,620
2025 $9,952 $460,570 $40,950 $419,620
2024 $9,667 $420,850 $40,950 $379,900
2023 $9,667 $400,470 $40,950 $359,520
2022 $8,846 $381,120 $40,950 $340,170
2021 $8,794 $383,080 $40,950 $342,130
2020 $8,615 $380,750 $40,950 $339,800
2019 $6,241 $301,300 $40,950 $260,350
2018 $5,326 $226,870 $41,900 $184,970
2017 $4,632 $200,430 $0 $0
2016 $4,332 $183,020 $0 $0
2015 $4,011 $166,390 $0 $0
2014 $3,338 $130,940 $0 $0
2013 -- $129,110 $41,900 $87,210
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Julie Abolafia

    Meridian Commercial

    (754) 900-1900

    14 Total Sales

    Julie Abolafia
    Section Image
  • Douglas Driver

    Seller Co-Listing Agent in 2019

    Douglas Driver

    Meridian Commercial

    (954) 865-1453

    2 Total Sales

    Douglas Driver
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10586216

MIAMI REALTORS® MLS

APN: 48-42-35-23-0141

Florida Broward County Pompano Beach 33060 Downtown Pompano Beach

119 NE 5th St, Pompano Beach, FL

Not Listed for Sale

MultiFamily

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.

MIAMI REALTORS® MLS 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.