NOT LISTED FOR SALE

Estimated Value: $514,418 - $721,000

-- Bed
-- Bath
2,280 Sq Ft
$289/Sq Ft Est. Value

Last Sold February 09, 2024

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

Current estimated payment $4,171/month

140 Days on Market

Highlights

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

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.

Last Agent to Sell the Property

Jennifer Sosnow

Weichert Realtors Hallmark Pro License #3421032 Listed on: 09/20/2023

Weichert Realtors Hallmark Pro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,107

Year Built

  • Built in 1969

Lot Details

  • 6,211 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

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

Utilities

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

Community Details

  • 3 Units
  • 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
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2280.0

Exterior Features

  • Exterior Features: Awning(s), Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 494201030830
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6211.0
  • Zoning Description: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7107.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 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
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Views
35
Current Estimated Value
$658,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,145
Avg. Annual Appreciation
-0.09%
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
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
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

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 $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

  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10921463

BeachesMLS

APN: 49-42-01-03-0830