NOT LISTED FOR SALE

Estimated Value: $520,334 - $711,000

Studio
2 Baths
2,280 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $660,000 $289 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,674/month

5 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • No Heating
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan

About This Home

As of February 2024

Welcome to a rare investment opportunity in Pompano Beach, Florida. Situated just a mere mile from the beach, this multi-unit single-story complex offers an unbeatable combination of convenience, potential, and location that investors are sure to find irresistible.
The potential for transformation is undeniable. Unlock the true value of this hidden gem with your vision and expertise as you breathe new life into each unit and capitalize on the prime location.
Tenants will love the ample parking options and the unbeatable proximity to a plethora of restaurants, shopping centers, and major highways. With I-95 just a stone's throw away your residents will enjoy easy access to all the excitement and opportunity South Florida has to offer. Beyond the property, the surrounding area boasts a wealth of amenities, attractions, and recreational opportunities. Whether it's a day spent lounging on the sparkling sandy beaches of Pompano, exploring the vibrant local dining scene, or indulging in a spot of retail therapy, you and your tenants will never be short of ways to make the most of their downtime.
Don't miss your chance to stake your claim on this truly exceptional investment opportunity. Act now and secure your piece of South Florida's thriving real estate market!

Last Agent to Sell the Property

Jennifer Sosnow

Weichert Realtors Hallmark Pro License #3421032 Listed on: 09/21/2023

Weichert Realtors Hallmark Pro

Last Buyer's Agent

Daniela La Gamma

Floridian Realty Corp. License #3466748

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,107

Year Built

  • Built in 1969

Lot Details

  • 6,211 Sq Ft Lot

Home Design

  • Triplex
  • Flat Roof Shape

Interior Spaces

  • 2 Bathrooms
  • 2,280 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ocean Drive Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494201030830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,107

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Atlantic to 12th Ave. Property is on corner. Please do not walk the property. Appointment only.
  • Year Built: 1969
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2280.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Concrete, Stucco
  • Property Condition: Resale
  • Roof: Flat

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 494201030830
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.4
  • Mobile Dim Units: Feet
  • Zoning: RD-1

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7107.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Feb 8, 2024
Sold by
Odonnell Barbara Hopkins
Bought by
Gamma Real Estate Llc
Seller's Agent
Jennifer Sosnow
Weichert Realtors Hallmark Pro
Buyer's Agent
Daniela La Gamma
Floridian Realty Corp.
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Views
35
Current Estimated Value
$694,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,519
Avg. Annual Appreciation
-0.54%
Original Mortgage
$520,000
Interest Rate
6.61%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 1, 1991
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gamma Real Estate Llc $660,000 None Listed On Document
Available Not $8,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gamma Real Estate Llc $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $660,000 -5.6% $289 / Sq Ft
09/21/2023 09/21/23 For Sale $699,000 -- $307 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $12,812 $593,150 $43,480 $549,670
2025 $8,624 $593,150 $43,480 $549,670
2024 $7,962 $594,110 $43,480 $550,630
2023 $7,962 $309,210 $0 $0
2022 $7,107 $281,100 $0 $0
2021 $6,622 $255,550 $0 $0
2020 $5,762 $291,180 $43,480 $247,700
2019 $5,265 $252,970 $43,480 $209,490
2018 $4,959 $263,580 $43,480 $220,100
2017 $4,288 $174,550 $0 $0
2016 $3,862 $158,690 $0 $0
2015 $3,447 $144,270 $0 $0
2014 $3,165 $131,160 $0 $0
2013 -- $129,620 $43,480 $86,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10921463

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-01-03-0830

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