NOT LISTED FOR SALE

507 Briny Ave Pompano Beach, FL 33062

Beachside Pompano Beach Neighborhood

Estimated Value: $1,225,000 - $2,605,000

5 Beds
5 Baths
14,000 Sq Ft
$147/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2014

Last sale price $800,000 $57 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $12,947 / mo

125 Days on Market

About This Home

As of April 2014

Excellent opportunity for investors looking for location and potential! Located right by public beach access, this property is zoned for up to 8 units and can easily be used for motel/hotel, or for permanent rentals. Currently there are 3 units rented wit h long term tenants, owner used to live in the main house which can now be converted into 3 units. This property has great potential, and also to hold or to re-develop into townhouses or new construction in the future.

Last Agent to Sell the Property

Rosy Baron

Gibson Real Estate Services License #3094572 Listed on: 10/28/2013

Last Buyer's Agent

Rosy Baron

Gibson Real Estate Services License #3094572 Listed on: 10/28/2013

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,275

Year Built

  • Built in 1940

Lot Details

  • 0.32

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 14,000 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Parking

  • 10 Parking Spaces
  • Common or Shared Parking

Additional Features

  • 14,000 Sq Ft Lot
  • Cooling Available

Community Details

  • No Home Owners Association
  • 3 Buildings
  • 7 Units

Listing and Financial Details

  • Tenant pays for grounds care, exterior maintenance, water
  • Assessor Parcel Number 494306060320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,275

Year Built

Built in 1940

Lot Details

0.32 Acres

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1940
  • Ownership: Sole Proprietor
  • Property Sub Type: Multi Family
  • Directions: ATLANTIC BLVD EAST, MAKE A RIGHT ON A1A (SOUTH) THEN LEFT (EAST) ON SE 6TH STREET, AND LEFT (NORTH) ON BRINY AVE, PROPERTY ON THE LEFT SIDE.
  • Horses: No
  • Inclusions: Land Only, Business; Building And Land
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: Resale
  • LastStatus: Active With Contract
  • CurrentPrice: 800000
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Other, Tile, Wood
  • Number Of Buildings: 3
  • Stories: 2

Exterior Features

  • Roof: Comp Shingle Roof, Composition Roll, Shingle
  • Construction Type: CBS Construction, Frame, Frame With Stucco, Stucco
  • Lot Features: Other Location
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Common, Other
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Other
  • Cooling Y N: Yes
  • Electric: Other Electric, Separate Meters
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 494306060320
  • Current Use: Income Non-Waterfront
  • Lot Size Sq Ft: 14000
  • Zoning: RES

Rental Info

  • Tenant Pays: Grounds Care, Exterior Maintenance, Other, Water

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5275

Multi Family

  • Number Of Units In Community: 7
  • Number Of Units Total: 7

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 28, 2013
Closed on
Apr 1, 2014
Sold by
Mascitelli Victor A
Bought by
Seller's Agent
Rosy Baron
Gibson Real Estate Services
Buyer's Agent
Rosy Baron
Gibson Real Estate Services
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%
Current Estimated Value
$2,032,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,232,000
Avg. Annual Appreciation
7.87%

Purchase Details

Listed on
Oct 28, 2013
Closed on
Mar 1, 2014
Sold by
Mascitelli Michael H and Mascitelli Victor A
Bought by
O Toole Property Llc
Seller's Agent
Rosy Baron
Gibson Real Estate Services
Buyer's Agent
Rosy Baron
Gibson Real Estate Services
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%

Purchase Details

Closed on
Aug 11, 2008
Sold by
Mascitelli Teresa
Bought by
Mascitelli Teresa and The Hugo Mascitelli Revocable Trust

Purchase Details

Closed on
Aug 10, 2004
Sold by
Mascitelli Teresa
Bought by
Mascitelli Teresa and The Teresa Mascitelli Revocable Trust

Purchase Details

Closed on
Feb 3, 1998
Sold by
Devaney Martin and Devaney Mary
Bought by
Devaney Martin and Devaney Mary

Purchase Details

Closed on
Mar 11, 1997
Sold by
Ballatore Catherine
Bought by
Devaney Martin
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Beachside Pompano Beach, FL

  • Eleonora Sari Real Estate Agent - RE/MAX Services

    Eleonora Sari

    RE/MAX Services

    (561) 375-2961

    108 Total Sales

    3 in Beachside Pompano Beach

    $470,000 Price Range

    Eleonora Sari
     Section Image
  • Kim Winters Real Estate Agent - RE/MAX Preferred

    Kim Winters

    RE/MAX Preferred

    (754) 253-0139

    36 Total Sales

    2 in Beachside Pompano Beach

    $1,425,000 Price Range

    Kim Winters
     Section Image
  • Adriana Ashley Real Estate Agent - Canvas Real Estate

    Adriana Ashley

    Canvas Real Estate

    (954) 355-7348

    11 Total Sales

    4 in Beachside Pompano Beach

    $446K - $585K Price Range

    Adriana Ashley
     Section Image
  • Francisco Garcia Real Estate Agent - Engel & Voelkers Fort Lauderdale

    Francisco Garcia

    Engel & Voelkers Fort Lauderdale

    (561) 621-5727

    77 Total Sales

    14 in Beachside Pompano Beach

    $430K - $3.5M Price Range

    Francisco Garcia
     Section Image
  • Steve Gray Real Estate Agent - RE/MAX Experience

    Steve Gray

    RE/MAX Experience

    (754) 732-9574

    124 Total Sales

    2 in Beachside Pompano Beach

    $335K - $660K Price Range

    Steve Gray
     Section Image
  • Carlos Caicedo Real Estate Agent - RE/MAX Direct

    Carlos Caicedo

    RE/MAX Direct

    (954) 738-3004

    108 Total Sales

    6 in Beachside Pompano Beach

    $270K - $570K Price Range

    Carlos Caicedo
     Section Image
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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
$400,000 Attorney
O Toole Property Llc $400,000 Attorney
Mascitelli Teresa -- Attorney
Mascitelli Teresa -- --
Devaney Martin $100 --
Devaney Martin $140,000 --
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
04/01/2014 04/01/14 Sold $800,000 -11.0% $57 / Sq Ft
03/02/2014 03/02/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $899,000 -- $64 / 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 $20,832 $938,520
2025 -- $853,200
2024 $16,383 $853,200 $280,980 $479,960
2023 $16,383 $705,130 $0 $0
2022 $14,197 $641,030 $280,980 $360,050
2021 $13,776 $624,230 $280,980 $343,250
2020 $13,147 $622,190 $280,980 $341,210
2019 $11,958 $541,150 $280,980 $260,170
2018 $14,010 $670,150 $280,980 $389,170
2017 $12,584 $586,780 $0 $0
2016 $11,400 $533,440 $0 $0
2015 $10,665 $484,950 $0 $0
2014 $10,152 $458,030 $0 $0
2013 -- $438,610 $280,980 $157,630
Source: Public Records

Agents Affiliated with this Home

  • RB

    Seller's Agent in 2014

    Rosy Baron

    Gibson Real Estate Services

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: F1262270

MIAMI REALTORS® MLS

APN: 49-43-06-06-0320

Florida Broward County Pompano Beach 33062 Beachside Pompano Beach

507 Briny Ave, Pompano Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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