NOT LISTED FOR SALE
10 Beds
5 Baths
3,038 Sq Ft
1951 Built

Sale Details

Date Sold: September 16, 2020

Last sale price $775,000 $255 Per Sq Ft

272 Days on Market

About This Home

As of September 2020

***PRICED TO SELL*****DO NOT MISS THIS DEAL*****GOOD RETURN ON INVESTMENT! GOOD TENANTS WITH LEASESBACK ON THE MARKET AFTER RENOVATIONS: NEW IMPACT WINDOWS THROUGHOUT - NEW IMPACT DOORS - **MOTIVATED SELLER** NEW AIR CONDITIONING - BUILDING REPAINTED - ONE PART OF THE ROOF REDONE - NEW PAVERS -FANTASTIC 5 UNITS BUILDING LOCATED IN FAST GROWING POMPANO BEACH, EAST OF US1. INVESTOR DREAM - NEW ZONING B-3 - INVESTOR CAN KEEP IT THIS WAY OR BUILD STORES/RESTAURANT ON THE GROUND FLOOR AND CONDO/RENTALS RESIDENTIAL ON THE 2ND, 3RD AND 4TH FLOOR. CHARMING BUILDING WITH 4-2BR/1BA UNITS AND 1-1BR/1BA UNIT. LAUNDROMAT BRINGS $2,400.00 PER YEAR. FULLY OCCUPIED. COULD BE CHANGED TO VACATION RENTAL PROPERTY TO INCREASE INCOME CONSIDERABLY. BOOMING AREA! DO NOT MISS THIS ONE! DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Victor Lancry

RE/MAX House of Real Estate License #0687861 Listed on: 11/19/2019

Last Buyer's Agent

Peter Catania

PMC Prime Properties, Inc License #3227885

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,561

Year Built

  • Built in 1951

Home Design

  • Tar and Gravel Roof
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Ceramic Tile Flooring

Parking

  • 19 Parking Spaces
  • Common or Shared Parking

Location

  • City Lot

Listing and Financial Details

  • Tenant pays for a/c & heating maintenance, exterior electric, electricity, fire liability insurance, inside insurance, outside insurance, telephone, real estate tax, sewer, water
  • Assessor Parcel Number 484236010680

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Insurance Expense $8,472
  • Maintenance Expense $1,200
  • Other Expense $6,240
  • New Taxes Expense $9,579
  • Operating Expense $25,491
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,561

Year Built

Built in 1951

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1951
  • Property Sub Type: Multi Family
  • Directions: US1 NORTH OF ATLANTIC BLVDTO NE 2ND ST. RIGHT TO NE 22ND AVE LEFT: BUILDING IN THE CORNER OF NE 2ND AVE AND NE 22ND.
  • Horses: No
  • Inclusions: Land Only, Business; Building And Land
  • New Construction: No
  • Road Frontage Type: City Street, City
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: Resale
  • LastStatus: Pending
  • CurrentPrice: 775000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Number Of Buildings: 1
  • Stories: 2

Exterior Features

  • Roof: Tar/Gravel, Concrete, Tar & Gravel Roof
  • Construction Type: CBS Construction
  • Lot Features: City Location, Corner Unit
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 19

Utilities

  • Electric: 101-200 Amps
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 484236010680
  • Current Use: Income Non-Waterfront
  • Zoning: RM-20

Rental Info

  • Tenant Pays: A/C & Heating Maintenance, Exterior Electric, Electricity, Fire Liability Insurance, Inside Insurance, Outside Insurance, Telephone, Real Estate Tax, Sewer, Water

Multi Family

  • Net Operating Income: 54000
  • Insurance Expense: 8472
  • Maintenance Expense: 1200
  • Number Of Units In Community: 5
  • Number Of Units Total: 5
  • Annual Operating Expense: 25491

Tax Info

  • Tax Year: 2018
  • New Taxes Expense: 9579
  • Tax Annual Amount: 12561
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Prior Sale
09/16/2020 09/16/20 Sold $775,000 -26.1% $255 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $1,049,000 0.0% $345 / Sq Ft
11/06/2018 11/06/18 Rented $1,350 0.0% --
10/07/2018 10/07/18 Under Contract -- -- --
10/01/2018 10/01/18 For Rent $1,350 +1.9% --
07/30/2018 07/30/18 Rented $1,325 -1.9% --
06/30/2018 06/30/18 Under Contract -- -- --
06/13/2018 06/13/18 For Rent $1,350 +3.8% --
04/01/2017 04/01/17 For Rent $1,300 0.0% --
04/01/2017 04/01/17 Rented $1,300 0.0% --
06/24/2016 06/24/16 Sold $625,000 -3.8% $199 / Sq Ft View Prior Sale
06/12/2016 06/12/16 For Sale $649,900 -- $207 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax 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.

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 $16,329 $732,810 $195,900 $536,910
2025 $14,567 $692,780 -- --
2024 $13,732 $629,800 $54,850 $574,950
2023 $13,732 $579,700 $54,850 $524,850
2022 $11,637 $504,550 $54,850 $449,700
2021 $15,510 $697,530 $54,850 $642,680
2020 $22,426 $609,390 $54,850 $554,540
2019 $21,258 $529,600 $54,850 $474,750
2018 $12,561 $588,980 $54,850 $534,130
2017 $10,972 $511,450 $0 $0
2016 $9,579 $439,590 $0 $0
2015 $9,101 $399,630 $0 $0
2014 $8,297 $363,300 $0 $0
2013 -- $186,870 $54,850 $132,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10204342

MIAMI REALTORS® MLS

APN: 48-42-36-01-0680

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