NOT LISTED FOR SALE

Estimated Value: $532,000 - $608,000

Studio
-- Bath
2,486 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2024

Last sale price $535,000 $215 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,032 / mo

188 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling Available
  • Central Heating

About This Home

As of February 2024

This is a fabulous investment property in the heart of Pompano Beach! Solid rental area close to I-95 with easy access to the TPKE and US-1. There are two 1-1s and one 2-1. Long-term tenants occupy two units; the 2-1 just took on a new tenant at increased rents. The property is well-maintained (and could also use some TLC). Income is stable, and there is room to grow as improvements are made. The roof is in great shape, with plenty of parking and a tranquil neighborhood. Please see the attachments for additional information. NOTE: All units are occupied. The Seller has requested that the showing of units occur only with offers and proof of funds. Outside drive-bys are welcome; please do not walk the property without the listing agent or Seller's permission. NEW AC in 2 of 3 units

Last Agent to Sell the Property

Bram Scolnick

MMLS Assoc.-Inactive Member License #3548771 Listed on: 08/23/2023

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Bram Scolnick

MMLS Assoc.-Inactive Member License #3548771 Listed on: 08/23/2023

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,200

Year Built

  • Built in 1973

Lot Details

  • Property is zoned RM-30

Parking

  • 5 Parking Spaces

Home Design

  • Flat Tile Roof

Interior Spaces

  • 2,486 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $52,800
  • Rent includes pest control, trash collection
  • Assessor Parcel Number 494202021674

Community Details

Overview

  • No Home Owners Association
  • Avondale Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,200

Year Built

Built in 1973

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: AVONDALE
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Ceramic Floor
  • Living Area: 2486
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: AVONDALE
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494202021674
  • Zoning: RM-30
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Pest Control, Trash Collection

Multi Family

  • Net Operating Income: 39800
  • Number Of Units In Community: 3
  • Annual Operating Expense: 13000
  • Total Actual Rent: 52800

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8200

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
Aug 23, 2023
Closed on
Feb 21, 2024
Sold by
Bought by
Seller's Agent
Bram Scolnick
MMLS Assoc.-Inactive Member
Buyer's Agent
Bram Scolnick
MMLS Assoc.-Inactive Member
List Price
$665,000
Sold Price
$535,000
Premium/Discount to List
-$130,000
-19.55%
Views
94
Current Estimated Value
$573,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,403
Avg. Annual Appreciation
2.97%

Purchase Details

Listed on
Jun 18, 2022
Closed on
Jul 22, 2022
Sold by
Bought by
Seller's Agent
ABNER CLERVEAUX
Quick Sale Realty
Buyer's Agent
Brittany DeStefano
United Realty Group Inc
List Price
$444,900
Sold Price
$450,000
Premium/Discount to List
$5,100
1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%

Purchase Details

Closed on
Jun 1, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,850
Interest Rate
0.0609%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2003
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 2000
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
$550,000 World Trust Title
$450,000 Windsor Title Services
$199,000 Mondesir & Alexis Title Serv
-- --
$94,000 --
$94,000 --
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
Previous Owner $236,000
Previous Owner $29,850
Previous Owner $149,250
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 Prior Sale
02/28/2024 02/28/24 Sold $535,000 -10.6% $215 / Sq Ft
02/06/2024 02/06/24 Price Changed $598,500 -0.2% $241 / Sq Ft
01/02/2024 01/02/24 Price Changed $599,500 -6.3% $241 / Sq Ft
11/16/2023 11/16/23 Price Changed $639,500 -1.3% $257 / Sq Ft
09/27/2023 09/27/23 Price Changed $648,000 -2.6% $261 / Sq Ft
08/23/2023 08/23/23 For Sale $665,000 +47.8% $267 / Sq Ft
07/22/2022 07/22/22 Sold $450,000 +1.1% $190 / Sq Ft View Prior Sale
06/23/2022 06/23/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $444,900 -- $188 / 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 $10,993 $488,580 $39,160 $449,420
2025 $8,517 $488,930 $39,160 $449,770
2024 $8,925 $368,650 $39,160 $329,490
2023 $8,925 $382,400 $39,160 $343,240
2022 $5,364 $188,880 $0 $0
2021 $4,987 $171,710 $0 $0
2020 $4,331 $234,620 $39,160 $195,460
2019 $3,972 $203,690 $39,160 $164,530
2018 $3,746 $210,560 $39,160 $171,400
2017 $3,203 $117,290 $0 $0
2016 $2,670 $106,630 $0 $0
2015 $2,490 $96,940 $0 $0
2014 $2,310 $88,130 $0 $0
2013 -- $90,750 $39,160 $51,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11441093

MIAMI REALTORS® MLS

APN: 49-42-02-02-1674

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