1885 NE 53rd St Pompano Beach, FL 33064
Fairlawn NeighborhoodEstimated payment $4,070/month
Highlights
- Guest House
- Cottage Room
- Maid or Guest Quarters
- 1 Bedroom Guest House
- Room in yard for a pool
- 4-minute walk to Cornerstone Park
About This Home
Income-Producing Duplex Style Property with Solar Power! Live in and collect rent. Unique opportunity in East Pompano Beach! This income-generating property features two detached living units in one lot. The main home offers approx. 1,675 sq ft with 6 bedrooms and 2 bathrooms, currently rented for $4,800/month. In the rear, a separate efficiency unit (approx. 240 sq ft) includes 1 bedroom, 1 bathroom, and a full kitchen, bringing in $1,200/month.Total rental income $6,000/month and NO electric bill, full solar power system covering the entire property. This is a high-cash-flow investment with minimal operating costs. Perfectly located just west of US-1 near shopping, schools, beaches, and major highways. Do not disturb tenants. Showings by appointment only.
Home Details
Home Type
- Single Family
Year Built
- Built in 1955
Lot Details
- South Facing Home
- Fenced
- Property is zoned RS-3
Home Design
- Flat Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,675 Sq Ft Home
- 1-Story Property
- Efficiency Studio
- Ceramic Tile Flooring
- Garden Views
Bedrooms and Bathrooms
- 7 Bedrooms
- Maid or Guest Quarters
- In-Law or Guest Suite
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 6 Carport Spaces
- Circular Driveway
- Open Parking
Outdoor Features
- Room in yard for a pool
- Cottage Room
- Porch
Additional Homes
- Guest House
- 1 Bedroom Guest House
- One Bathroom Guest House
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Pompano Beach Highlands 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 484307041350
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,739 | $457,840 | $32,200 | $425,640 |
| 2024 | $8,091 | $457,840 | $32,200 | $425,640 |
| 2023 | $8,091 | $347,410 | $0 | $0 |
| 2022 | $6,932 | $315,830 | $0 | $0 |
| 2021 | $6,151 | $287,120 | $32,200 | $254,920 |
| 2020 | $5,443 | $257,100 | $32,200 | $224,900 |
| 2019 | $5,172 | $247,320 | $32,200 | $215,120 |
| 2018 | $4,595 | $217,500 | $32,200 | $185,300 |
| 2017 | $2,991 | $141,460 | $0 | $0 |
| 2016 | $2,730 | $128,600 | $0 | $0 |
| 2015 | $1,974 | $77,270 | $0 | $0 |
| 2014 | -- | $70,250 | $0 | $0 |
| 2013 | -- | $77,850 | $20,130 | $57,720 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | For Sale | $549,000 | +18.1% | $328 / Sq Ft |
| 10/06/2023 10/06/23 | Sold | $465,000 | -11.4% | $231 / Sq Ft |
| 08/12/2023 08/12/23 | Price Changed | $525,000 | -4.5% | $261 / Sq Ft |
| 07/30/2023 07/30/23 | Price Changed | $550,000 | -3.7% | $274 / Sq Ft |
| 07/10/2023 07/10/23 | For Sale | $571,000 | +107.6% | $284 / Sq Ft |
| 11/04/2020 11/04/20 | Sold | $275,000 | -8.3% | $164 / Sq Ft |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- |
| 09/16/2020 09/16/20 | For Sale | $299,900 | +20.0% | $179 / Sq Ft |
| 09/11/2017 09/11/17 | Sold | $250,000 | -2.0% | $140 / Sq Ft |
| 08/12/2017 08/12/17 | Pending | -- | -- | -- |
| 07/25/2017 07/25/17 | For Sale | $255,000 | +54.5% | $142 / Sq Ft |
| 06/26/2015 06/26/15 | Sold | $165,000 | -2.9% | $108 / Sq Ft |
| 06/18/2015 06/18/15 | Pending | -- | -- | -- |
| 05/21/2015 05/21/15 | For Sale | $169,999 | 0.0% | $111 / Sq Ft |
| 04/10/2015 04/10/15 | Pending | -- | -- | -- |
| 03/31/2015 03/31/15 | For Sale | $169,999 | -- | $111 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $465,000 | None Listed On Document | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $250,000 | Sturcture Title Services | |
| Warranty Deed | $165,000 | Capital Abstract & Title | |
| Warranty Deed | -- | Attorney | |
| Trustee Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | -- | |
| Special Warranty Deed | $162,000 | None Available | |
| Warranty Deed | $158,000 | Southeast Florida Lawyers Ti | |
| Warranty Deed | $133,000 | -- | |
| Warranty Deed | $51,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $348,750 | New Conventional | |
| Previous Owner | $220,000 | Credit Line Revolving | |
| Previous Owner | $156,750 | New Conventional | |
| Previous Owner | $145,000 | Stand Alone First | |
| Previous Owner | $140,000 | Balloon | |
| Previous Owner | $71,500 | Stand Alone First | |
| Previous Owner | $56,000 | Unknown | |
| Previous Owner | $57,250 | FHA | |
| Previous Owner | $23,450 | No Value Available |
Source: MIAMI REALTORS® MLS
MLS Number: A11836992
APN: 48-43-07-04-1350
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