$400,500
SOLD AUG 4, 2025
-- Bed
-- Bath
3,515 Sq Ft
1973 Built

Recently Sold

$114 Per Sq Ft

About This Home

As of August 2025

712 & 704 NW 5th Ave, Pompano Beach, FL
Offered Together – $800,000 Total

An exceptional investment opportunity—this package includes two multifamily buildings, each comprised of four 2-bedroom, 1-bathroom units, for a total of 8 units. The properties feature generous parking, large backyards, and prime rental layouts, offering strong upside potential for the right investor.

All units have been gutted and are in need of complete rehabilitation, including addressing existing code violations. Ideal for experienced investors or contractors seeking a value-add project with considerable return potential.

Last Agent to Sell the Property

Ashley Joy

Compass Florida, LLC License #3314161 Listed on: 08/01/2025

Compass Florida, LLC

Last Buyer's Agent

Ashley Joy

Compass Florida, LLC License #3314161 Listed on: 08/01/2025

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,960

Year Built

  • Built in 1973

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,515 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • No Cooling
  • No Heating

Community Details

  • 4 Units
  • Pinewood Heights 23 23 B Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 484235420110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,960

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1973
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 3515.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Sewer: Other
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • HOA Rent Includes: Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 484235420110
  • Zoning Description: RM-12

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7960.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2025
Closed on
Aug 1, 2025
Sold by
Strategic Locations Llc
Bought by
Pompano City Apts Llc
Seller's Agent
Ashley Joy
Compass Florida, LLC
Buyer's Agent
Ashley Joy
Compass Florida, LLC
List Price
$400,000
Sold Price
$400,500
Premium/Discount to List
$500
0.12%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
205123.06%

Purchase Details

Closed on
May 16, 2022
Sold by
Executive Advantage Llc
Bought by
Strategic Locations Llc

Purchase Details

Closed on
Jul 9, 2017
Sold by
Daub Joshua
Bought by
Executive Adantage Llc

Purchase Details

Closed on
May 9, 2014
Sold by
Blue Ribbon Properties Llc
Bought by
Encore Capital Properties Llc

Purchase Details

Closed on
Jan 25, 2005
Sold by
Bader Steven A
Bought by
Blue Ribbon Properties Llc

Purchase Details

Closed on
Jun 15, 2004
Sold by
Hyer William D and Hyer Nohra C
Bought by
Bader Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2003
Sold by
Tschiggfrie Michelle
Bought by
Hyer William D and Hyer Nohora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2003
Sold by
Hud
Bought by
Tschiggfrie Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2003
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2003
Sold by
Louis Jocelyne and Polynice Joseph
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jan 9, 2001
Sold by
Grisham Clarence J and Grisham Hazel R
Bought by
Louis Jocelyne and Polynice Joseph
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $400,500 None Listed On Document
Warranty Deed -- None Listed On Document
Deed $1,300 None Available
Warranty Deed $242,200 Attorney
Quit Claim Deed -- --
Warranty Deed $300,000 --
Quit Claim Deed -- --
Deed $171,700 Lawyers Advantage Title Grou
Special Warranty Deed -- --
Trustee Deed -- --
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $247,700 Commercial
Previous Owner $240,000 Commercial
Previous Owner $122,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Sold $400,500 +0.1% $114 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $400,000 -- $114 / 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 $7,960 $355,520 -- --
2024 $7,638 $323,200 $42,840 $280,360
2023 $7,638 $302,640 $42,840 $259,800
2022 $7,247 $302,640 $42,840 $259,800
2021 $6,987 $294,820 $42,840 $251,980
2020 $6,811 $295,620 $42,840 $252,780
2019 $6,276 $262,770 $42,840 $219,930
2018 $7,297 $319,090 $42,840 $276,250
2017 $6,231 $279,850 $0 $0
2016 $6,129 $267,900 $0 $0
2015 $5,642 $243,550 $0 $0
2014 $3,499 $137,390 $0 $0
2013 -- $136,370 $42,840 $93,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10518330

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-35-42-0110