NOT LISTED FOR SALE

499 N Ocean Blvd Pompano Beach, FL 33062

Estimated Value: $2,221,000 - $2,322,000

0.25 Acre
$9,086,000 Price per Acre
10,890 Sq Ft Lot

Last Sold June 22, 2012

Last sale price $575,000 $62 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $12,851/month

185 Days on Market

About This Lot

As of June 2012

THIS IS A ONE OF A KIND PARCEL OF LAND WHICH IS AN OUTSTANDING INVESTMENT OPPORTUNITY. LOCATED ON A1A, OCEAN BOULEVARD, WITH DIRECT UNOBSTRUCTED VIEWS OF THE ATLANTIC OCEAN. ZONED RM-45, THIS LAND IS WELL SUITED FOR A TOWNHOME DEVELOPMENT. THE LAND IS D IRECTLY ADJACENT TO THE POMPANO BEACH REDEVELOPMENT ZONE. WILL NOT LAST !!!!

Last Agent to Sell the Property

Thomas Zazarino

Las Olas Realty Group LLC License #3239979 Listed on: 11/19/2011

Last Buyer's Agent

Thomas Zazarino

Las Olas Realty Group LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,837

Lot Details

  • 0.25 Acre Lot
  • Ocean Front
  • East Facing Home
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • 9,289 Sq Ft Home

Community Details

  • Silver Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484331080070

Property Details

Property Type

Land

Est. Annual Taxes

$9,837

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Other
  • Property Sub Type Additional: Other
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront Features: None, Ocean Front
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Direction Faces: East

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 484331080070
  • Development Status: Other
  • Lot Size Acres: 0.25
  • Number Of Lots: 1
  • Zoning Description: RES

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 9837.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Pineapple Group Llc
Bought by
499 Ocean Blvd Llc
Current Estimated Value
$2,271,500

Purchase Details

Listed on
Nov 19, 2011
Closed on
Jun 27, 2012
Sold by
Southeastern Financial Network Llc
Bought by
Pineapple Group Llc
Seller's Agent
Thomas Zazarino
Las Olas Realty Group LLC
Buyer's Agent
Thomas Zazarino
Las Olas Realty Group LLC
List Price
$699,000
Sold Price
$575,000
Premium/Discount to List
-$124,000
-17.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Sep 22, 2006
Sold by
Pointe Lofts Llc
Bought by
City Of Pompano Beach

Purchase Details

Closed on
Oct 29, 2004
Sold by
Dawson Val George
Bought by
Pointe Lofts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
5.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 3, 2002
Sold by
Available Not
Bought by
Available Not
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
499 Ocean Blvd Llc $2,000,000 None Listed On Document
Pineapple Group Llc $575,000 Attorney
City Of Pompano Beach -- Attorney
Pointe Lofts Llc $1,750,000 --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pointe Lofts Llc $875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2012 06/22/12 Sold $575,000 -17.7% $62 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
11/19/2011 11/19/11 For Sale $699,000 -- $75 / 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 $11,259 $549,180 $549,180 --
2024 $32,943 $549,180 $549,180 --
2023 $32,943 $1,581,300 $1,581,300 $0
2022 $13,752 $613,070 $0 $0
2021 $11,514 $557,340 $557,340 $0
2020 $11,322 $557,340 $557,340 $0
2019 $11,410 $557,340 $557,340 $0
2018 $11,236 $557,340 $557,340 $0
2017 $11,068 $557,340 $0 $0
2016 $10,312 $510,900 $0 $0
2015 $10,671 $510,900 $0 $0
2014 $10,726 $510,900 $0 $0
2013 -- $510,900 $510,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1162843

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-31-08-0070