NOT LISTED FOR SALE
-- Bed
-- Bath
2,766 Sq Ft
7,630 Sq Ft Lot

Last Sold February 17, 2021

Last sale price $1,050,000 $380 Per Sq Ft

29 Days on Market

Highlights

  • Beach Access
  • No HOA
  • Landscaped with Trees
  • Corner Lot
  • Complete Impact Glass
  • Fenced

About This Home

As of February 2021

Welcome to this six-unit multifamily property with four (studio) and two (one bedroom/one bathroom) units in beautiful Pompano Beach.
All units have undergone significant renovations between 2016-2020 Impact windows and doors thorughtout, all units on individual insta-hot water heaters, new low-flow .80 gal flush toilets, fresh exterior paint, new landscaping/irrigation, new gutters, new wall unit cooling/heating HVAC.
Finishings in all units include stainless steel appliances, neutral grey/white color palette, marble-style tile flooring, quartz countertops, and tile showers. Individual unit power meters and a single water meter. Within walking distance of all the new development (Restaurants, shopping, exercise trails), Pompano Beach has to offer. Please DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Adam Eglin

Level Realty Partners, LLC License #3406553 Listed on: 11/12/2020

Co-Listed By

Jonathan Keith

One Sotheby's International Realty License #3049560

Last Buyer's Agent

Adam Eglin

Level Realty Partners, LLC License #3406553 Listed on: 11/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,951

Lot Details

  • 7,630 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Fenced
  • Corner Lot
  • Landscaped with Trees

Home Design

Outdoor Features

  • Beach Access

Utilities

  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494306110150

Community Details

Overview

  • No Home Owners Association
  • Pompano Beach Park Condos
  • Pompano Beach Park Subdivision

Building Details

  • Insurance Expense $4,200
  • Other Expense $6,900
  • New Taxes Expense $17,158
  • Operating Expense $28,498
  • Net Operating Income $63,302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,951

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Sole Proprietor
  • Property Sub Type: Income/MultiFamily
  • Co List Office Mls Id: FLL279622832
  • Co List Office Phone: (954) 210-7040
  • Horses: No
  • Lot Size Acres: 0.175
  • Lot Size: 60x130
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: POMPANO BEACH PARK
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment, None
  • Window Features: Complete Impact Glass

Exterior Features

  • Fencing: Fenced
  • Lot Features: Beach Area, Corner Lot, Other Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: POMPANO BEACH PARK

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Green Building Features: Gutter
  • Utilities: Cable Connected, Electricity Connected, Irrigation Water, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 494306110150
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 7630
  • Zoning: RM-20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Net Operating Income: 63302
  • Insurance Expense: 4200
  • Annual Operating Expense: 28498

Tax Info

  • Tax Year: 2019
  • New Taxes Expense: 17158
  • Tax Annual Amount: 12951
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2021 02/17/21 Sold $1,050,000 -10.6% $380 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $1,175,000 -- $425 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $24,198 $1,113,550 $153,130 $960,420
2024 $22,675 $1,083,440 $153,130 $930,310
2023 $22,675 $993,100 $153,130 $839,970
2022 $20,706 $932,880 $153,130 $779,750
2021 $19,392 $874,800 $153,130 $721,670
2020 $17,758 $809,200 $153,130 $656,070
2019 $12,951 $597,350 $153,130 $444,220
2018 $11,605 $533,900 $153,130 $380,770
2017 $10,206 $457,730 $0 $0
2016 $9,203 $416,120 $0 $0
2015 $8,266 $357,240 $0 $0
2014 $7,668 $326,950 $0 $0
2013 -- $308,190 $153,130 $155,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10956237

MIAMI REALTORS® MLS

APN: 49-43-06-11-0150