L
Seller's Agent in 2024
LATRICE WILLIAMS
Grant and Associates Real Estate INC
(954) 383-0940
1 in this area
5 Total Sales
516 SW 2nd Ct Pompano Beach, FL 33060
South Dixie NeighborhoodEstimated Value: $490,000 - $577,000
Studio
--
Bath
2,376
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Central Heating and Cooling System
- 2-minute walk to Avondale Park
- No HOA
- 1-Story Property
About This Home
As of December 2024Investment opportunity! This fourplex offers 2 one-bedroom, one-bath units, 1 additional one-bedroom, one-bath unit, and a studio apartment. A shared laundry room adds convenience for tenants. Three units are rented on a month-to-month basis, bringing in $3,500 per month. Perfect for investors looking for steady cash flow with flexible tenant terms. The roof was replaced in 2021. Please do not disturb the tenants.
Last Agent to Sell the Property
Grant and Associates Real Estate INC License #3411903 Listed on: 10/22/2024
Last Buyer's Agent
Grant and Associates Real Estate INC License #3411903 Listed on: 10/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,159
Year Built
- Built in 1972
Lot Details
- 6,490
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
- Flat Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,376 Sq Ft Home
- 1-Story Property
Flooring
- Wood
- Tile
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 4 Units
- Avondale Condos
- Avondale Subdivision
Listing and Financial Details
- Rent includes water
- Assessor Parcel Number 494202021462
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2024
Closed on
Dec 5, 2024
Sold by
Rentec 1 Llc
Bought by
Najjarian Joseph
Seller's Agent
LATRICE WILLIAMS
Grant and Associates Real Estate INC
Buyer's Agent
LATRICE WILLIAMS
Grant and Associates Real Estate INC
List Price
$562,000
Sold Price
$540,000
Premium/Discount to List
-$22,000
-3.91%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,333
Avg. Annual Appreciation
0.92%
Purchase Details
Closed on
Sep 18, 2018
Sold by
Dilbert Michael
Bought by
Rentec 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 2, 1999
Sold by
Sasfy Mary
Bought by
Grizzle Edith
Purchase Details
Closed on
Apr 1, 1999
Sold by
Available Not
Bought by
Available Not
Purchase Details
Closed on
Jun 1, 1980
Sold by
Available Not
Bought by
Available Not
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Najjarian Joseph | $540,000 | Assure America Title | |
| Rentec 1 Llc | $109,000 | Wollinka Wikle Title Insuran | |
| Grizzle Edith | $75,000 | -- | |
| Available Not | $10,000 | -- | |
| Available Not | $29,143 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rentec 1 Llc | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2024 12/05/24 | Sold | $540,000 | -3.9% | $227 / Sq Ft |
| 12/02/2024 12/02/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | For Sale | $562,000 | -- | $237 / Sq Ft |
Source: MIAMI REALTORS® MLS
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 |
|---|---|---|---|---|
| 2026 | $11,152 | $478,960 | $39,000 | $439,960 |
| 2025 | $8,514 | $478,960 | $39,000 | $439,960 |
| 2024 | $8,159 | $353,270 | -- | -- |
| 2023 | $8,159 | $291,970 | $0 | $0 |
| 2022 | $6,899 | $265,430 | $0 | $0 |
| 2021 | $6,348 | $241,300 | $0 | $0 |
| 2020 | $5,389 | $229,770 | $39,000 | $190,770 |
| 2019 | $4,949 | $199,430 | $39,000 | $160,430 |
| 2018 | $2,914 | $165,050 | $0 | $0 |
| 2017 | $2,400 | $108,740 | $0 | $0 |
| 2016 | $2,155 | $103,410 | $0 | $0 |
| 2015 | $2,053 | $98,740 | $0 | $0 |
| 2014 | $1,952 | $94,470 | $0 | $0 |
| 2013 | -- | $88,830 | $39,000 | $49,830 |
Source: Public Records
Agents Affiliated with this Home
-
LATRICE WILLIAMS
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11680796
APN: 49-42-02-02-1462
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