NOT LISTED FOR SALE

2406 Bay Dr Pompano Beach, FL 33062

Beachside Pompano Beach Neighborhood

Estimated Value: $3,138,000 - $5,397,905

4 Beds
4 Baths
5,597 Sq Ft
$789/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $2,350,000 $420 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $26,677/month

616 Days on Market

Highlights

  • Ocean Front
  • Free Form Pool
  • 16,031 Sq Ft lot
  • Beach
  • Sauna
  • 3-minute walk to Hillsboro Inlet Park

About This Home

As of March 2020

The Haven on Hillsboro Inlet. 95' of DOCKAGE w/ DIRECT OCEAN ACCESS. NO BRIDGES. Space for 80 ft yacht & a separate boat lift. Private Beach Access steps from your front door. Two-story estate located on oversized lot, surrounded by Banyan trees, lush landscaping that overlooks historic Hillsboro Lighthouse. Open floor plan with formal dining area, sunken living room, fireplace & gourmet kitchen with granite countertops. Bonus Bedroom downstairs! Upstairs master suite includes luxurious master bath with his and her walk-in closets, sitting area, personal gym and private balcony. Large outdoor area with resort style heated pool, tin-roof Tiki Bar & hot tub. 1 of 6 homes on the inlet and only one with northeastern views. Less than quarter mile from the exclusive Hillsboro Mile.

Last Agent to Sell the Property

Brittany Ferro

Smart Property Moves LLC License #3409959 Listed on: 05/25/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,909

Year Built

  • Built in 1977

Lot Details

  • 0.37 Acre Lot
  • Ocean Front
  • West Facing Home
  • Property is zoned RS-2

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Spanish Tile Roof
  • Tar and Gravel Roof

Interior Spaces

  • 5,597 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Awning
  • Blinds
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Combination Dining and Living Room
  • Recreation Room
  • Loft
  • Utility Room
  • Sauna
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Free Form Pool
  • Spa
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Deck
  • Open Patio

Schools

  • Cresthaven Elementary School
  • Crystal Lakes Middle School
  • Deerfield Beach High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Co-Op Membership Included
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484329041420

Community Details

Overview

  • Hillsboro Shores Sec A 21 Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,909

Year Built

Built in 1977

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A JUST SOUTH OF HILLSBORO INLET, EAST ON BAY DRIVE
  • Year Built: 1977
  • Architectural Style: Detached, Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, Breakfast Area, Entrance Foyer, Eat-in Kitchen, First Floor Entry, Fireplace, High Ceilings, Kitchen Island, Living/Dining Room, Sitting Area in Master, Upper Level Master, Walk-In Closet(s), Central Vacuum, Loft
  • Private Spa: Yes
  • Furnished: Negotiable
  • Appliances: Some Gas Appliances, Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 5597.0
  • Dining Room Type: Family Room, Laundry, Loft, Recreation, Sauna, Utility Room, Master Bedroom, Sitting Room
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Awning(s), Balcony, Barbecue, Deck, Security/High Impact Doors, Lighting, Storm/Security Shutters
  • View: Intercoastal, Ocean
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Free Form, Heated, In Ground, Other, Pool Equipment, Pool, Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Beach Access, Boat Ramp/Lift Access, Dock Access, No Fixed Bridges, Ocean Access, Ocean Front, Seawall, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Deck, Open
  • Property Condition: Resale
  • Roof: Spanish Tile, Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Paver Block, Garage Door Opener

Utilities

  • Security: Security System Owned
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350.0
  • Community Features: Beach, Club Membership Available, Home Owners Association
  • Senior Community: No
  • Association Fee Frequency: Annually
  • Pets Allowed: No Pet Restrictions, Yes

Schools

  • Elementary School: Cresthaven
  • High School: Deerfield Beach
  • Middle Or Junior School: Crystal Lakes

Lot Info

  • Parcel #: 484329041420
  • Lot Size Sq Ft: 16031.0
  • Zoning Description: RS-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 52909.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Feb 26, 2020
Sold by
Globalbrander Com Tm Llc
Bought by
Barnett James and 2406 Bay Drive Revocable Trust
Seller's Agent
Brittany Ferro
Smart Property Moves LLC
List Price
$3,999,999
Sold Price
$2,350,000
Premium/Discount to List
-$1,649,999
-41.25%
Current Estimated Value
$4,415,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,065,976
Avg. Annual Appreciation
11.35%

Purchase Details

Closed on
May 7, 2012
Sold by
Dinverno James A and Dinverno Vicki L
Bought by
Globalbrander Com Tm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 8, 1998
Sold by
Goodman Barry S and Goodman Pamela
Bought by
Dinverno James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,750
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 1994
Sold by
Real Est Multiple Inv
Bought by
Goodman Barry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barnett James $2,350,000 Attorney
Globalbrander Com Tm Llc $2,390,200 Attorney
Dinverno James A $1,375,000 --
Goodman Barry S $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Globalbrander Com Tm Llc $1,000,000
Previous Owner Dinverno James A $83,750
Previous Owner Goodman Barry S $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $2,350,000 -41.2% $420 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
05/25/2018 05/25/18 For Sale $3,999,999 -- $715 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $45,420 $2,306,440 -- --
2024 $44,790 $2,241,440 -- --
2023 $44,790 $2,176,160 $0 $0
2022 $42,696 $2,104,270 $0 $0
2021 $41,553 $2,083,680 $0 $0
2019 $56,242 $2,736,590 $1,644,780 $1,091,810
2018 $54,735 $2,704,680 $1,644,780 $1,059,900
2017 $52,909 $2,655,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brittany Ferro

    Smart Property Moves LLC

    (954) 202-1000

    2 in this area

    10 Total Sales

    Brittany Ferro
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10124493

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-29-04-1420

Florida Broward County Pompano Beach 33062 Beachside Pompano Beach

2406 Bay Dr, Pompano Beach, FL

Not Listed for Sale

Detached

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