NOT LISTED FOR SALE

Estimated Value: $1,147,000 - $2,296,988

5 Beds
5 Baths
3,713 Sq Ft
$479/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $2,038,000 $549 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $12,606/month

25 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Deck
  • Impact Glass
  • Canal Access
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of June 2022

Very rare waterfront fourplex! A unique opportunity to own investment/rental property in a very hot area, on a wide canal. Newly remodeled units to include impact windows & doors, AC's, roof, all cast waste lines replaced with PVC, and new appliances for all units. Dock with dual slips that will accommodate two boats 30' plus. All four units are rented and tenants are excellent! And the property's expenses are low for its size. Minutes to the beach and the Pompano Beach Pier and all of the great dining and shopping. Excellent opportunity for an investor or owner, or even better for both! Property just passed 10 year inspection. *Owner to occupy 3/3 unit for 2 year leaseback at $3000 a month with 90 right to terminate. Please schedule showings through Showing Time.

Last Agent to Sell the Property

Kimberly Small

The Corcoran Group License #3461652 Listed on: 04/20/2022

The Corcoran Group

Last Buyer's Agent

Paulina Kucharska, CCIM

PK & CO INC. License #3446446

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,360

Year Built

  • Built in 1965

Lot Details

  • 60 Feet of Waterfront

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Roof

Interior Spaces

  • 3,713 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Ceramic Tile Flooring
  • Impact Glass

Outdoor Features

  • Canal Access
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $10,200
  • Rent includes electricity, hot water
  • Assessor Parcel Number 494306310640

Community Details

Overview

  • 4 Units
  • Cypress Cove 43 24 B Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,360

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: E Atlantic Blvd to SE 18th Ave to SE 3rd ST to SE 19th Ave
  • Year Built: 1965
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3713.0
  • Window Features: Blinds, Drapes, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Deck, Security/High Impact Doors
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: Canal Access, Dock Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Other
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Hot Water
  • Community Features: Non-Gated, Laundry Facilities

Lot Info

  • Parcel #: 494306310640
  • Zoning Description: RD-1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 16360.0

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 10200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 15, 2022
Sold by
Barbara Mcauliffe
Bought by
Guten Tag Sunshine Llc
Seller's Agent
Kimberly Small
The Corcoran Group
Buyer's Agent
Paulina Kucharska, CCIM
PK & CO INC.
List Price
$1,949,999
Sold Price
$2,038,000
Premium/Discount to List
$88,001
4.51%
Current Estimated Value
$1,780,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$257,671
Avg. Annual Appreciation
-3.73%

Purchase Details

Listed on
Oct 1, 2020
Closed on
Feb 16, 2021
Sold by
Atlantis Apartments Inc
Bought by
Mcauliffe Barbara
Seller's Agent
Robin Nardozzi
Nardozzi Real Estate Inc.
Buyer's Agent
Robin Nardozzi
Nardozzi Real Estate Inc.
List Price
$1,150,000
Sold Price
$1,025,000
Premium/Discount to List
-$125,000
-10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.31%
Original Mortgage
$615,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2016
Sold by
Cyprus Cove 43 24 Llc
Bought by
Atlantis Apartments Inc

Purchase Details

Listed on
Aug 13, 2014
Closed on
Oct 25, 2014
Sold by
Coniglio Robert
Bought by
Cyprus Cove 43-24 Llc
Seller's Agent
Alejandra Duris
MMLS Assoc.-Inactive Member
Buyer's Agent
Richard Tobin
Premier Hotel Realty LLC
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$385,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 13, 2014
Closed on
Oct 24, 2014
Sold by
Coniglio Joseph
Bought by
Cyprus Cove 43-24 Llc
Seller's Agent
Alejandra Duris
MMLS Assoc.-Inactive Member
Buyer's Agent
Richard Tobin
Premier Hotel Realty LLC
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 1982
Sold by
Available Not
Bought by
Available Not
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

Date Buyer Sale Price Title Company
Guten Tag Sunshine Llc $2,038,000 New Title Company Name
Mcauliffe Barbara $1,025,000 First International Ttl Inc
Atlantis Apartments Inc $865,000 Town & Cnty Title Guaranty O
Cyprus Cove 43-24 Llc $225,000 Attorney
Cyprus Cove 43-24 Llc $225,000 Attorney
Cyprus Cove 43-24 Llc $225,000 Attorney
Available Not $142,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcauliffe Barbara $615,000
Previous Owner Cyprus Cove 43-24 Llc $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2022 06/15/22 Sold $2,038,000 +4.5% $549 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $1,949,999 +90.2% $525 / Sq Ft
02/17/2021 02/17/21 Sold $1,025,000 -10.9% $276 / Sq Ft View Prior Sale
01/18/2021 01/18/21 Pending -- -- --
10/01/2020 10/01/20 For Sale $1,150,000 +70.4% $310 / Sq Ft
11/06/2014 11/06/14 Sold $675,000 -10.0% $182 / Sq Ft View Prior Sale
09/09/2014 09/09/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $750,000 -- $202 / 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
2025 $39,559 $824,190 $165,000 $659,190
2024 $38,507 $1,865,010 $165,000 $1,700,010
2023 $38,507 $1,784,810 $165,000 $1,619,810
2022 $20,867 $964,980 $165,000 $799,980
2021 $16,360 $749,330 $165,000 $584,330
2020 $27,315 $749,330 $165,000 $584,330
2019 $27,037 $865,180 $165,000 $700,180
2018 $23,729 $792,110 $165,000 $627,110
2017 $17,548 $701,660 $0 $0
2016 $11,624 $535,870 $0 $0
2015 $10,711 $487,160 $0 $0
2014 $9,799 $441,190 $0 $0
2013 -- $414,050 $165,000 $249,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10327353

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-06-31-0640