NOT LISTED FOR SALE

Estimated Value: $857,264 - $1,458,000

4 Beds
4 Baths
2,950 Sq Ft
$391/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $550,000 $186 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $8,042/month

99 Days on Market

Highlights

  • Built in 1962 | Newly Remodeled
  • Ceramic Tile Flooring
  • 2-minute walk to Pompano Beach North Ocean Park
  • Cooling Available
  • No Heating

About This Home

As of December 2016

Income producing fourplex unit located between the intracoastal and ocean. Ideal for investors and redevelopers alike. Currently zoned for multifamily ( 10 units or less ) with lots of land to build on. Automated sprinkler system built in, plenty of parking, roof is 2010. Property has passed two recent 40 year inspections and land survey is available. PLEASE DO NOT DISTURB TENANTS OR VISIT PROPERTY WITHOUT AN APPOINTMENT. DRIVE BY ONLY.

Last Agent to Sell the Property

Alexander Tegov

Prestige Waterfront Realty License #3219424 Listed on: 08/05/2016

Co-Listed By

Maya Tegov

Prestige Waterfront Realty License #3223531

Last Buyer's Agent

Alexander Tegov

Prestige Waterfront Rlty Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,496

Year Built

  • Built in 1962 | Newly Remodeled

Lot Details

  • Sprinkler System

Parking

  • 9 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 2,950 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Cooling Available
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $48,360
  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 484330020480

Community Details

Overview

  • 4 Units
  • Pompano By The Sea Resub Subdivision

Building Details

  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,496

Year Built

Built in 1962 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1962
  • Architectural Style: Fourplex
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2950.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 9.0

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Trash Collection, Water

Lot Info

  • Parcel #: 484330020480
  • Zoning Description: RM-20

Multi Family

  • Property Net Operating Income: 30000.0
  • Number Of Units Total: 4
  • Total Actual Rent: 48360.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4496.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Buck Daniel
Bought by
Fauo3220 Llc
Current Estimated Value
$1,153,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,250
Outstanding Balance
$592,723
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$561,093

Purchase Details

Listed on
Aug 5, 2016
Closed on
Dec 13, 2016
Sold by
Palisi Joy
Bought by
Buck Daniel
Seller's Agent
Alexander Tegov
Prestige Waterfront Realty
Buyer's Agent
Alexander Tegov
Prestige Waterfront Rlty Corp
List Price
$699,999
Sold Price
$550,000
Premium/Discount to List
-$149,999
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$340,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2015
Sold by
Palisi Joy
Bought by
Palisi Joy

Purchase Details

Closed on
Apr 3, 2015
Sold by
Palisi Jacinta
Bought by
Palisi Joy

Purchase Details

Closed on
Dec 3, 2010
Sold by
Palisi Jacinta
Bought by
Palisi Jacinta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fauo3220 Llc $689,000 Surety Lender Services Llc
Buck Daniel $550,000 Attorney
Palisi Joy -- Attorney
Palisi Jacinta -- Attorney
Palisi Joy -- None Available
Palisi Jacinta -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fauo3220 Llc $653,250
Previous Owner Buck Daniel $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $550,000 -21.4% $186 / Sq Ft
11/13/2016 11/13/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $699,999 -- $237 / 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 $23,672 $1,105,070 $224,960 $880,110
2024 $21,839 $1,105,070 $224,960 $880,110
2023 $21,839 $984,750 $224,960 $759,790
2022 $22,933 $1,065,360 $224,960 $840,400
2021 $13,501 $610,930 $224,960 $385,970
2020 $13,247 $608,800 $224,960 $383,840
2019 $12,602 $572,580 $224,960 $347,620
2018 $12,707 $682,390 $224,960 $457,430
2017 $12,891 $616,290 $0 $0
2016 $11,344 $535,470 $0 $0
2015 $4,496 $222,210 $0 $0
2014 $4,308 $214,950 $0 $0
2013 -- $401,240 $224,960 $176,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10024796

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-30-02-0480