NOT LISTED FOR SALE

401 Hibiscus Ave Unit 1 Pompano Beach, FL 33062

Estimated Value: $1,121,976 - $1,195,000

1 Bed
1 Bath
550 Sq Ft
$2,108/Sq Ft Est. Value

Highlights

  • Garden View
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • McNab Elementary School Rated A-
  • Impact Glass
  • Patio

About This Home

As of December 2023

Welcome home to this freshly painted and newly upgraded beach rental! Located only a couple blocks from the beach and within walking distance of all the cool new restaurants, shops, and even a Publix supermarket. Whether you're solo or with your significant other, this is the perfect spot to explore all the great opportunities that Pompano Beach has to offer. Plus, you won't even have to leave the building to do laundry - there's a pay by phone app or coin laundry right on site at 401 Hibiscus Ave and on-site repairman. Don't miss out on this amazing hidden gem - schedule your showing today!

Rent includes: water, sewer, trash removal, exterminator for exterior (interior if required), landscaping and maintaining on site laundry facility. Tenant must complete $38 rent spree application.

Last Agent to Rent the Property

Lauren Ring

One Sotheby's Int'l Realty License #3527569 Listed on: 09/29/2023

Last Renter's Agent

Kevin Rohrer

LoKation License #3394705

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,989

Year Built

  • Built in 1948

Lot Details

  • 7,969 Sq Ft Lot
  • East Facing Home
  • Corner Lot

Parking

  • Assigned Parking

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 550 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • Pompano Beach Park 21 20 Subdivision

Listing and Financial Details

  • Property Available on 9/25/23
  • Rent includes gardener, pest control, sewer, trash collection, water
  • 12 Month Lease Term
  • Renewal Option
  • Assessor Parcel Number 494306110230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,989

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2023-09-25

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Multi Family
  • Property Sub Type Additional: Multi Family
  • Directions: Take Atlantic Blvd east. Once you get over the bridge, make a right at the light onto Hibiscus Ave. Quadplex is located on the corner of the second cross street. You and your client may park in the 2 spots directly in front of unit 1.
  • Year Built: 1948
  • Lease Renewal Option: Yes
  • Carport Y N: No
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Living/Dining Room, First Floor Entry
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Vinyl
  • Living Area: 550.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Two Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Pest Control, Sewer, Trash Collection, Water
  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 494306110230
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7969.0
  • Zoning Description: RM-20
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Cary Charles A
Bought by
Batmasian James H
Current Estimated Value
$1,202,736

Purchase Details

Closed on
Jun 16, 2023
Sold by
Jarrah Omar W
Bought by
Cary Charles A

Purchase Details

Closed on
Mar 18, 2020
Sold by
Ascione Enrico
Bought by
Jarrah Omar W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,570
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Jul 15, 2019
Sold by
Cbr Holding 7 Llc
Bought by
Ascione Enrico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.82%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 11, 2015
Sold by
Madruga Ramon and Madruga Castula I
Bought by
Cbr Holding 7 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 11, 2006
Sold by
Gabric Kazimira
Bought by
Madruga Ramon and Madruga Castula I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2000
Sold by
Keating Richard I
Bought by
Gabric Kazimira

Purchase Details

Closed on
Apr 1, 1991
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 Buyer Sale Price Title Company
Batmasian James H $1,150,000 Freedom Land Title Agency
Cary Charles A $1,120,000 Jm Title Services
Jarrah Omar W $807,500 Title Company Of South Fl
Ascione Enrico $615,000 Attorney
Cbr Holding 7 Llc $850,000 None Available
Madruga Ramon $800,000 Flagler Land Title Svcs Inc
Gabric Kazimira $200,000 --
-- $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jarrah Omar W $854,752
Previous Owner Jarrah Omar W $836,570
Previous Owner Ascione Enrico $200,000
Previous Owner Cbr Holding 7 Llc $600,000
Previous Owner Madruga Ramon $560,000
Previous Owner Gabric Kazimira $40,000
Previous Owner Gabric Kazimira $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Rented $2,000 0.0% --
11/13/2023 11/13/23 Under Contract -- -- --
10/05/2023 10/05/23 Price Changed $2,000 -4.8% $4 / Sq Ft
09/29/2023 09/29/23 For Rent $2,100 +82.6% --
09/02/2018 09/02/18 Rented $1,150 -8.0% --
08/31/2018 08/31/18 Under Contract -- -- --
07/13/2018 07/13/18 For Rent $1,250 0.0% --
06/26/2018 06/26/18 Under Contract -- -- --
03/13/2018 03/13/18 For Rent $1,250 -- --
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 $21,989 $1,039,660 $159,940 $879,720
2024 $16,752 $1,039,660 $159,940 $879,720
2023 $16,752 $740,550 $159,940 $580,610
2022 $16,235 $740,030 $159,940 $580,090
2021 $15,022 $726,760 $159,940 $566,820
2020 $12,454 $569,770 $159,940 $409,830
2019 $8,809 $387,340 $159,940 $227,400
2018 $11,091 $527,460 $159,940 $367,520
2017 $9,808 $454,220 $0 $0
2016 $8,870 $412,930 $0 $0
2015 $7,985 $356,630 $0 $0
2014 $7,402 $327,020 $0 $0
2013 -- $309,090 $159,940 $149,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10401576

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-06-11-0230