NOT LISTED FOR SALE

413 S Ocean Blvd Pompano Beach, FL 33062

Beachside Pompano Beach Neighborhood
-- Bed
6 Baths
2,360 Sq Ft
7,250 Sq Ft Lot

Sale Details

Date Sold: March 28, 2025

Last sale price $1,475,000 $625 Per Sq Ft

131 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Cooling Available

About This Home

As of March 2025

LOCATION!! LOCATION!! LOCATION!! Fantastic Find, 6 Legal Units On Large Corner Lot, 1 Block From The Beach On A1A(Ocean Blvd). POSSIBLE OWNER FINANCING. Property Includes Two Large 1 Bedroom 1 Bath And Four A Spacious Studio Apartments. Recent Updates Include New Hurricane Impact Windows And Fresh Exterior Paint. One Unit Fully Renovated With New Floors, Bathroom, Kitchen And Appliances. Each Unit Also Has A New Mini Split A/C System. Each Unit Has Their Own Range And Refrigerators. New Flat Roof. Perfect For AirBNb OR Short Term Rents. Current Tenants Are Below Market. Property Is A Must see!

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 10/18/2024

Last Buyer's Agent

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 10/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,441

Year Built

  • Built in 1961

Lot Details

  • 7,250

Home Design

  • Concrete Block And Stucco Construction

Parking

  • 12 Parking Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • 1-Story Property
  • 7,250 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $12,800
  • Tenant pays for electricity
  • Assessor Parcel Number 494306061040

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $6,000
  • Other Expense $71,454
  • New Taxes Expense $24,027
  • Operating Expense $33,627
  • Gross Income $12,800
  • Net Operating Income $119,973

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,441

Year Built

Built in 1961

Lot Details

7,250 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1961
  • Property Sub Type: Multi Family
  • Directions: Direct On A1A Just South Of Atlantic Blvd
  • Horses: No
  • Inclusions: Land Only, Business; Building And Land
  • Lot Size Acres: 0.1664
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: Resale
  • LastStatus: Pending
  • CurrentPrice: 1475000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Number Of Buildings: 1
  • Stories: 1

Exterior Features

  • Construction Type: CBS Construction
  • Lot Features: Corner Unit
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 12

Utilities

  • Sewer: At Site, Other, Sewer
  • Water Source: Public
  • Cooling: Central Individual A/C
  • Cooling Y N: Yes
  • Heating: Central Individual A/C
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Sewer Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 494306061040
  • Lot Size Sq Ft: 7250
  • Zoning: RM-20

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 119973
  • Insurance Expense: 6000
  • Annual Gross Income: 12800
  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Annual Operating Expense: 33627
  • Total Actual Rent: 12800

Tax Info

  • Tax Year: 2023
  • New Taxes Expense: 24027
  • Tax Annual Amount: 18441

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Mar 28, 2025
Sold by
Bought by
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
List Price
$1,695,000
Sold Price
$1,475,000
Premium/Discount to List
-$220,000
-12.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
0.0676%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 22, 2023
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 1983
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,475,000 Abstract Service Company
$1,200,000 Main Street Title & Escrow
$350,000 Gibraltar Title & Escrow Co
$300,000 --
$240,000 --
$109,286 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $675,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Sold $1,475,000 -13.0% $625 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
10/18/2024 10/18/24 For Sale $1,695,000 -- $718 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $26,217 $1,315,630 $145,510 $1,170,120
2025 $24,027 $1,105,880 $145,510 $960,370
2024 $18,441 $1,075,130 $145,510 $929,620
2023 $18,441 $699,030 $0 $0
2022 $15,442 $635,490 $0 $0
2021 $14,127 $577,720 $0 $0
2020 $12,873 $661,130 $145,510 $515,620
2019 $11,752 $631,480 $145,510 $485,970
2018 $10,353 $487,630 $145,510 $342,120
2017 $9,098 $394,600 $0 $0
2016 $8,192 $358,730 $0 $0
2015 $7,616 $326,120 $0 $0
2014 $7,071 $298,490 $0 $0
2013 -- $281,950 $145,510 $136,440
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Carlos Montoya

    Fidelity Real Estate Group LLC

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10466951

MIAMI REALTORS® MLS

APN: 49-43-06-06-1040

Florida Broward County Pompano Beach 33062 Beachside Pompano Beach

413 S Ocean Blvd, Pompano Beach, FL

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