NOT LISTED FOR SALE

507 Briny Ave Pompano Beach, FL 33062

Beachside Pompano Beach Neighborhood

Estimated Value: $1,363,000 - $2,399,000

5 Beds
5 Baths
14,000 Sq Ft
$141/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2014

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

Est. 147% increase in value since last sale

Current estimated payment $12,383 / mo

125 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cooling Available

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

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
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
$1,975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,175,000
Avg. Annual Appreciation
7.69%

Purchase Details

Listed on
Oct 28, 2013
Closed on
Mar 1, 2014
Sold by
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%

Purchase Details

Closed on
Aug 11, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$400,000 Attorney
-- Attorney
-- --
$100 --
$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

  • R

    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

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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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