NOT LISTED FOR SALE

720 SE 5th Terrace Pompano Beach, FL 33060

Garden Isles Neighborhood

Estimated Value: $972,000 - $1,106,000

2 Beds
2 Baths
1,649 Sq Ft
$621/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $895,000 $543 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,076/month

80 Days on Market

Highlights

  • 85 Feet of Waterfront
  • Canal View
  • Circular Driveway
  • Property has ocean access
  • Deck
  • Porch

About This Home

As of November 2022

This Slice of Heaven located in Cypress Isles can be yours. It has 85 Feet of Waterfrontage with ocean access. The 2 bedroom, 2 bathroom, and 2 car garage home has been meticulously kept up and awaits your personal touch. Enjoy a great layout with a lot of space, a family room surrounded by large sliding doors and windows, and roll-down shutters throughout. Excellent location in Pompano, perfect for boaters and lovers of all things waterfront with only one fixed bridge to the ocean with 12 ft clearance. Five minutes from the beach and major roadways, close to shopping and dining. This welcoming home gives you a perfect, laid-back, Florida-living vibe from the circular driveway to the water views. You can make it your dream home; you will not want to miss this!

Last Agent to Sell the Property

Chad Bishop

One Sotheby's Int'l Realty License #3103131 Listed on: 09/02/2022

One Sotheby's Int'l Realty

Co-Listed By

Richard Smith

One Sotheby's Int'l Realty License #3529793

Last Buyer's Agent

David Palas

Century 21 Hansen Realty Inc License #3492714

Century 21 Hansen Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,261

Year Built

  • Built in 1962

Lot Details

  • 8,000 Sq Ft Lot
  • 85 Feet of Waterfront
  • West Facing Home
  • Property is zoned RS-2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,649 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Deck
  • Open Patio
  • Porch

Schools

  • Cypress Elementary School
  • Pompano B.Middle School
  • Ely High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • Cypress Isles Estates 43 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494201180140

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,261

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: S Cypress Road to SE 8th St and head east on SE 8th St.**this street curves. Turn left on SE 3rd Terrace and then make an immediate right on SE 5th Ct. Head east on SE 5th Ct until SE 5th Terrace. Turn Right on SE 5th Terrace. Follow to home.
  • Year Built: 1962
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Handicap Access, Main Level Master, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1649.0
  • Dining Room Type: Family Room
  • Window Features: Drapes

Exterior Features

  • Exterior Features: Deck, Porch
  • View: Canal, Water
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Schools

  • Elementary School: Cypress
  • High School: Ely
  • Middle Or Junior School: Pompano B.Middle

Lot Info

  • Parcel #: 494201180140
  • Lot Size Sq Ft: 8000.0
  • Zoning Description: RS-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12261.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2023
Sold by
Drummond Gregory
Bought by
Gregory P Drummond Revocable Trust and Drummond
Current Estimated Value
$1,023,507

Purchase Details

Listed on
Sep 2, 2022
Closed on
Nov 21, 2022
Sold by
Fink Harvey B
Bought by
Drummond Gregory
Seller's Agent
Chad Bishop
One Sotheby's Int'l Realty
Buyer's Agent
David Palas
Century 21 Hansen Realty Inc
List Price
$1,000,000
Sold Price
$895,000
Premium/Discount to List
-$105,000
-10.5%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$400,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1985
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gregory P Drummond Revocable Trust -- None Listed On Document
Drummond Gregory $895,000 None Listed On Document
Available Not $68,721 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drummond Gregory $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $895,000 -3.2% $543 / Sq Ft
09/26/2022 09/26/22 Price Changed $925,000 -7.5% $561 / Sq Ft
09/02/2022 09/02/22 For Sale $1,000,000 -- $606 / 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 $7,470 $422,910 -- --
2024 $7,350 $390,340 -- --
2023 $7,350 $378,980 $0 $0
2022 $13,267 $632,290 $224,000 $408,290
2021 $12,261 $582,850 $224,000 $358,850
2020 $11,108 $535,990 $224,000 $311,990
2019 $10,972 $529,970 $224,000 $305,970
2018 $9,793 $475,350 $184,000 $291,350
2017 $8,751 $432,440 $0 $0
2016 $8,762 $427,460 $0 $0
2015 $8,502 $392,520 $0 $0
2014 $7,746 $356,840 $0 $0
2013 -- $324,400 $146,000 $178,400
Source: Public Records

Agents Affiliated with this Home

  • Chad Bishop

    Seller's Agent in 2022

    Chad Bishop

    One Sotheby's Int'l Realty

    (517) 819-4849

    1 in this area

    167 Total Sales

    Chad Bishop
    Section Image

  • R

    Seller Co-Listing Agent in 2022

    Richard Smith

    One Sotheby's Int'l Realty

    (248) 358-5818

    1 in this area

    12 Total Sales

    Richard Smith
    Section Image

  • D

    Buyer's Agent in 2022

    David Palas

    Century 21 Hansen Realty Inc

    (954) 776-5400

    1 in this area

    17 Total Sales

    David Palas
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10346443

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-01-18-0140

Florida Broward County Pompano Beach 33060 Garden Isles

720 SE 5th Terrace, Pompano Beach, FL

This home is located at 720 SE 5th Terrace, Pompano Beach, FL 33060 since 02 September 2022 and is currently estimated at $1,023,507, approximately $620 per square foot. This property was built in 1962. 720 SE 5th Terrace is a home located in Broward County with nearby schools including Cypress Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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