NOT LISTED FOR SALE

Estimated Value: $1,738,559 - $1,999,000

4 Beds
2 Baths
3,570 Sq Ft
$531/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $3,150,000 $882 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $12,473/month

117 Days on Market

Highlights

  • Beach Access
  • No HOA
  • 3-minute walk to North Riverside park
  • 0.43 Acre Lot

About This Home

As of July 2024

Development property for sale. Amazing location within steps from the beach and the new Fishing Village, shopping, restaurants, and the newly remodeled Pompano Beach Pier. This property offers the opportunity to build a 7 STORY, 19 units condominium (site plan approved until Sept 2024) or 38 units condo/hotel, ZONED RM-45. Available plans upon request. Property generating income before you start to build! Currently, there are 2 existing buildings composing of 6 rental units

Last Agent to Sell the Property

Paola Guzzo

LL10X Realty License #3461469 Listed on: 01/02/2024

Last Buyer's Agent

Paola Guzzo

LL10X Realty License #3461469 Listed on: 01/02/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,540

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 175x115
  • Additional Parcels

Home Design

Outdoor Features

  • Beach Access

Community Details

  • No Home Owners Association
  • Surfside Villas Condos
  • Surfside Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484331120090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,540

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Income/MultiFamily
  • Horses: No
  • Lot Size Acres: 0.43
  • Lot Size: 175x115
  • New Construction: No
  • Road Frontage Type: Legal Access Road, City/County Maintained, Public Road
  • Subdivision Name: SURFSIDE VILLAS
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment, None

Exterior Features

  • View: None
  • Lot Features: Beach Area, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SURFSIDE VILLAS

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 484331120090
  • Additional Parcels: Yes
  • Current Use: Other Usage, Income (Other)
  • Lot Size Sq Ft: 18632
  • Zoning: RM-45/HR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 30540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Jul 12, 2024
Sold by
Us-Uriel Llc
Bought by
Sunsets Development Llc
Seller's Agent
Paola Guzzo
LL10X Realty
Buyer's Agent
Paola Guzzo
LL10X Realty
List Price
$3,350,000
Sold Price
$3,150,000
Premium/Discount to List
-$200,000
-5.97%
Views
33
Current Estimated Value
$1,894,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,255,110
Avg. Annual Appreciation
-30.26%

Purchase Details

Listed on
Nov 25, 2019
Closed on
Aug 6, 2021
Sold by
Aspire Real Estate Development Llc
Bought by
Us Uriel Llc
Seller's Agent
Andres Jara
Douglas Elliman
Buyer's Agent
Paola Guzzo
LL10X Realty
List Price
$2,500,000
Sold Price
$2,350,000
Premium/Discount to List
-$150,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%

Purchase Details

Closed on
Sep 30, 2016
Sold by
3236 Ne 5 St Inc
Bought by
Aspire Real Estate Develpment Llc

Purchase Details

Closed on
Jan 17, 2014
Sold by
Korchmar Michael
Bought by
3236 Ne 5 Street Inc

Purchase Details

Closed on
Jun 23, 2004
Sold by
430 Sunset Corp
Bought by
Korchmar Michael

Purchase Details

Closed on
May 29, 2003
Sold by
Goodrick David D and Goodrick Joann Hill
Bought by
430 Sunset Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2000
Sold by
Laporta Rita
Bought by
Goodrick David D and Goodrick Joann H

Purchase Details

Closed on
Apr 25, 1994
Sold by
Rindone Ida
Bought by
Laporta Gerald and Laporta La Porta
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
Sunsets Development Llc $3,150,000 None Listed On Document
Us Uriel Llc $2,350,000 None Available
Aspire Real Estate Develpment Llc $2,000,000 None Available
3236 Ne 5 Street Inc -- None Available
Korchmar Michael $636,000 Trans State Title Ins Corp
430 Sunset Corp $415,000 --
Goodrick David D $244,000 --
Laporta Gerald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 430 Sunset Corp $311,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2024 07/12/24 Sold $3,150,000 -6.0% $882 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $3,350,000 +42.6% $938 / Sq Ft
08/06/2021 08/06/21 Sold $2,350,000 +142324.2% $658 / Sq Ft View Prior Sale
05/06/2021 05/06/21 Pending -- -- --
01/01/2021 01/01/21 Rented $1,650 -1.5% --
12/02/2020 12/02/20 Under Contract -- -- --
11/02/2020 11/02/20 For Rent $1,675 0.0% --
11/25/2019 11/25/19 For Sale $2,500,000 0.0% $700 / Sq Ft
10/09/2019 10/09/19 For Rent $1,250 -24.2% --
10/09/2019 10/09/19 Rented $1,650 -- --
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 $30,075 $1,501,920 $201,960 $1,299,960
2024 $30,540 $1,402,270 $201,960 $1,200,310
2023 $30,540 $1,402,400 $201,960 $1,200,440
2022 $29,872 $1,402,400 $201,960 $1,200,440
2021 $12,911 $582,400 $201,960 $380,440
2020 $12,588 $579,990 $201,960 $378,030
2019 $11,574 $522,370 $201,960 $320,410
2018 $15,196 $719,260 $201,960 $517,300
2017 $13,448 $644,330 $0 $0
2016 $11,181 $530,990 $0 $0
2015 $10,351 $482,720 $0 $0
2014 $8,537 $367,570 $0 $0
2013 -- $415,170 $201,960 $213,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11506863

MIAMI REALTORS® MLS

APN: 48-43-31-12-0100