$640,000
SOLD NOV 7, 2024

325 SE 12th Ave Pompano Beach, FL 33060

Downtown Pompano Beach Neighborhood
-- Bed
-- Bath
2,225 Sq Ft
6,186 Sq Ft Lot

Recently Sold

$288 Per Sq Ft

5% Below List Price

143 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 2-minute walk to Peter Feldman Park
  • Tile Flooring
  • 1-Story Property

About This Home

As of November 2024

3/2, & 2/1 duplex that is located about a mile from the beach. This property has a new roof and new electrical, completed in 2023 with permits. Each unit has its own electric meter and laundry rooms. The parking lot was renovated in 2023. Tenants will love the ample parking options and the unbeatable proximity to a plethora of restaurants, shopping centers, and major highways. Buy & start cash-flowing day one with this property. Seller offering $10,000 towards buyer closing cost.

Last Agent to Sell the Property

Joshua Mathis

Elite Realty Partners, Inc. License #3402342 Listed on: 05/23/2024

Elite Realty Partners, Inc.

Last Buyer's Agent

Adrine Penbe

Gruppen Capital Group License #3436348

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,086

Year Built

  • Built in 1968

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,225 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Ocean Drive Estates Condos
  • Ocean Drive Estates Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 494201030792

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,086

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: Use Google Maps
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: OCEAN DRIVE ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2225
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN DRIVE ESTATES
  • Total Parking Spaces: 5

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494201030792
  • Zoning: RD-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9086

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Nov 1, 2024
Sold by
325 Se 12 Ave Llc
Bought by
Jame Inc
Seller's Agent
Joshua Mathis
Elite Realty Partners, Inc.
Buyer's Agent
Adrine Penbe
Gruppen Capital Group
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%
Views
34
Current Estimated Value
$656,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,346
Avg. Annual Appreciation
2.90%

Purchase Details

Closed on
Aug 4, 2022
Sold by
Jam Management Llc
Bought by
325 Se 12 Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2022
Sold by
Harpest Jr Robert E and Harpest Diane M
Bought by
Jam Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.56%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 25, 1998
Sold by
Jo Net Inc
Bought by
Harpest Robert E and Harpest Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1988
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $640,000 First American Title Insurance
Warranty Deed $640,000 First American Title Insurance
Warranty Deed -- Cooperative Title Agency
Warranty Deed $365,000 Cooperative Title Agency
Warranty Deed $110,000 --
Quit Claim Deed $50,286 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $413,000 New Conventional
Previous Owner $365,000 Construction
Previous Owner $80,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $640,000 -4.5% $288 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $670,000 -0.7% $301 / Sq Ft
08/30/2024 08/30/24 For Sale $675,000 0.0% $303 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/15/2024 08/15/24 Price Changed $675,000 -0.6% $303 / Sq Ft
08/06/2024 08/06/24 Price Changed $679,000 -1.5% $305 / Sq Ft
07/23/2024 07/23/24 Price Changed $689,000 -0.1% $310 / Sq Ft
07/10/2024 07/10/24 Price Changed $690,000 -0.7% $310 / Sq Ft
06/18/2024 06/18/24 Price Changed $695,000 -0.7% $312 / Sq Ft
06/10/2024 06/10/24 For Sale $700,000 0.0% $315 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $700,000 -- $315 / 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 $10,181 $552,720 $43,180 $509,540
2024 $9,086 $493,430 $43,180 $450,250
2023 $9,086 $388,470 $43,180 $345,290
2022 $6,757 $257,330 $0 $0
2021 $6,246 $233,940 $0 $0
2020 $5,492 $291,270 $43,180 $248,090
2019 $5,020 $252,950 $43,180 $209,770
2018 $4,704 $258,550 $43,180 $215,370
2017 $4,075 $159,800 $0 $0
2016 $3,638 $145,280 $0 $0
2015 $3,365 $132,080 $0 $0
2014 $3,101 $120,080 $0 $0
2013 -- $117,010 $43,180 $73,830
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joshua Mathis

    Elite Realty Partners, Inc.

    (786) 277-4695

    1 in this area

    25 Total Sales

    Joshua Mathis
    Section Image

  • A

    Buyer's Agent in 2024

    Adrine Penbe

    Gruppen Capital Group

    (954) 816-4581

    1 in this area

    7 Total Sales

    Adrine Penbe
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11593137

MIAMI REALTORS® MLS

APN: 49-42-01-03-0792

Florida Broward County Pompano Beach 33060 Downtown Pompano Beach

325 SE 12th Ave, Pompano Beach, FL

This home is located at 325 SE 12th Ave, Pompano Beach, FL 33060 and is currently priced at $640,000, approximately $287 per square foot. This property was built in 1968. 325 SE 12th Ave is a home located in Broward County with nearby schools including Pompano Beach Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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