NOT LISTED FOR SALE

370 NE 29th St Pompano Beach, FL 33064

Kendall Green Neighborhood

Estimated Value: $334,978 - $511,000

Studio
-- Bath
1,570 Sq Ft
$269/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $380,000 $242 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,857/month

15 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Palmview Elementary School Rated 9+
  • Shed
  • Ceiling Fan

About This Home

As of August 2022

Excellent investment opportunity in this well maintained property located in Pompano Beach. This property is not governed by an HOA. Excellent Airbnb potential! Each unit is 2 bedrooms/ 1 bath with it's own electric meter, front and rear entrance and access to the spacious backyard. Tenants currently paying below-market rent. Rents in the area are about $1,300 to $1,400 per month. There are 5 parking spaces available for the property. Solid CBS home with spacious yard. Close and collect rent immediately! Cash offers only. Financing offers will not be accepted.

Last Agent to Sell the Property

Lucy Forrest

Coldwell Banker Realty License #3280341 Listed on: 06/23/2022

Coldwell Banker Realty

Co-Listed By

Robert Forrest

Inactive Member License #3017518

Last Buyer's Agent

Tony Rodriguez

Compass Florida LLC License #3352662

Compass Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,217

Year Built

  • Built in 1970

Lot Details

  • 6,850 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,570 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Water Views

Outdoor Features

  • Shed

Schools

  • Palmview Elementary School
  • Crystal Lakes Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4842 24 04 0611

Community Details

Overview

  • 2 Units
  • The Highlands Second Add Subdivision

Building Details

  • Operating Expense $6,000
  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,217

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Sample Rd or Copans Rd to Dixie Hwy, turn West on 29th St. Home is on the South side of the road.
  • Year Built: 1970
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1570.0

Exterior Features

  • Exterior Features: Fence, Shed
  • View: Other, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Palmview
  • Middle Or Junior School: Crystal Lakes

Lot Info

  • Parcel #: 4842 24 04 0611
  • Lot Size Sq Ft: 6850.0
  • Zoning Description: RM-12
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 22800.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4217.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 8, 2022
Sold by
Helena Bentonova
Bought by
Gregorio Mariela
Seller's Agent
Lucy Forrest
Coldwell Banker Realty
Buyer's Agent
Tony Rodriguez
Compass Florida LLC
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%
Current Estimated Value
$421,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,995
Avg. Annual Appreciation
3.08%

Purchase Details

Closed on
Jun 2, 1997
Sold by
Leahy Anna
Bought by
Benton Jerry and Bentonova Helena

Purchase Details

Closed on
Jun 1, 1995
Sold by
Labonte Fernand
Bought by
Leahy Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
8.21%
Mortgage Type
Commercial
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
Gregorio Mariela $380,000 Seabreeze Title
Benton Jerry $69,000 --
Leahy Anna $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leahy Anna $55,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $380,000 -2.5% $242 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $389,900 -- $248 / 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
2026 $7,978 $358,190 $47,950 $310,240
2025 $7,760 $358,250 $47,950 $310,300
2024 $7,875 $347,940 $47,950 $299,990
2023 $7,875 $347,940 $47,950 $299,990
2022 $4,565 $172,830 $0 $0
2021 $4,217 $157,120 $0 $0
2020 $3,881 $227,860 $47,950 $179,910
2019 $3,546 $198,130 $47,950 $150,180
2018 $3,027 $155,060 $47,950 $107,110
2017 $2,656 $107,330 $0 $0
2016 $2,390 $97,580 $0 $0
2015 $2,233 $88,710 $0 $0
2014 $2,008 $80,650 $0 $0
2013 -- $81,950 $47,950 $34,000
Source: Public Records

Agents Affiliated with this Home

  • Lucy Forrest

    Seller's Agent in 2022

    Lucy Forrest

    Coldwell Banker Realty

    (561) 262-1267

    1 in this area

    28 Total Sales

    Lucy Forrest
    Section Image

  • R

    Seller Co-Listing Agent in 2022

    Robert Forrest

    Inactive Member

    Section Image
  • Tony Rodriguez

    Buyer's Agent in 2022

    Tony Rodriguez

    Compass Florida LLC

    (954) 296-4269

    1 in this area

    48 Total Sales

    Tony Rodriguez
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10811127

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-24-04-0611

Florida Broward County Pompano Beach 33064 Kendall Green

370 NE 29th St, Pompano Beach, FL

Not Listed for Sale

MultiFamily

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