NOT LISTED FOR SALE

721-723 NE 12th Ave Pompano Beach, FL 33060

Downtown Pompano Beach Neighborhood

Estimated Value: $461,786 - $558,000

-- Bed
-- Bath
-- Sq Ft
5,750 Sq Ft Lot

Last Sold January 17, 2022

Last sale price $440,000

Est. 17% increase in value since last sale

Current estimated payment $3,551/month

59 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 3-minute walk to Peter Feldman Park
  • Tile Flooring

About This Home

As of January 2022

Fantastic opportunity to own an investment property in in one of South Florida's fastest growing cities. The development surrounding this property is endless. Brand new restaurants, bars and shops will be newly developed nearby in Old Pompano, and all the way down Atlantic Blvd to the beach. 2.5 miles to the ocean. Perfect location for AIRBNB. Current tenants pay all expenses except for water. Private yards for each unit. Annual market rent is significantly higher than $1150.

Last Agent to Sell the Property

Marissa Albertine

Mari Juliette Real Estate License #3394122 Listed on: 10/19/2021

Mari Juliette Real Estate

Last Buyer's Agent

Annamaria Farkas

Castelli Real Estate Services License #3340229

Castelli Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,487

Year Built

  • Built in 1959

Lot Details

  • 5,750

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Community Details

  • 2 Units
  • Pine Crest Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 484236041270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,487

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 484236041270
  • Zoning Description: RM-20

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5487.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Jan 7, 2022
Sold by
S & A Capital Investments Llc
Bought by
Groza Bianca Melina
Seller's Agent
Marissa Albertine
Mari Juliette Real Estate
Buyer's Agent
Annamaria Farkas
Castelli Real Estate Services
List Price
$525,000
Sold Price
$440,000
Premium/Discount to List
-$85,000
-16.19%
Total Days on Market
59
Current Estimated Value
$514,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,447
Avg. Annual Appreciation
4.76%
Original Mortgage
$200,000
Outstanding Balance
$186,916
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$327,531

Purchase Details

Closed on
Apr 1, 2021
Sold by
Albertine Stephen
Bought by
S A Capital Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2021
Sold by
S & A Capital Investments Llc
Bought by
Albertine Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2019
Sold by
Sabin William and Sabin Mary
Bought by
S & A Capital Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 2, 1997
Sold by
Clerk Of The Court
Bought by
Stanley Patricia N
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
Groza Bianca Melina $440,000 Nu World Title
S A Capital Investment Llc -- Attorney
Albertine Stephen -- Landmark Title Services Inc
S & A Capital Investments Llc $269,000 Attorney
Stanley Patricia N $64,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groza Bianca Melina $200,000
Previous Owner Albertine Stephen Carlo $217,500
Previous Owner S & A Capital Investments Llc $211,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2022 01/17/22 Sold $440,000 -16.2% --
12/18/2021 12/18/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $525,000 -- --
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 $8,051 $380,260 $40,300 $339,960
2024 $8,791 $360,430 $40,300 $320,130
2023 $8,791 $390,180 $40,300 $349,880
2022 $5,649 $250,110 $40,300 $209,810
2021 $5,632 $251,350 $40,300 $211,050
2020 $5,487 $248,450 $40,300 $208,150
2019 $3,589 $180,280 $40,300 $139,980
2018 $3,339 $180,690 $40,300 $140,390
2017 $2,928 $116,420 $0 $0
2016 $2,639 $105,840 $0 $0
2015 $2,447 $96,220 $0 $0
2014 $2,261 $87,480 $0 $0
2013 -- $101,460 $40,300 $61,160
Source: Public Records

Agents Affiliated with this Home

  • Marissa Albertine

    Seller's Agent in 2022

    Marissa Albertine

    Mari Juliette Real Estate

    (954) 326-4476

    3 in this area

    60 Total Sales

    Marissa Albertine
    Section Image
  • Annamaria Farkas

    Buyer's Agent in 2022

    Annamaria Farkas

    Castelli Real Estate Services

    (954) 864-5032

    1 in this area

    38 Total Sales

    Annamaria Farkas
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10305055

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-36-04-1270

Florida Broward County Pompano Beach 33060 Downtown Pompano Beach

721-723 NE 12th Ave, Pompano Beach, FL

This home is located at 721-723 NE 12th Ave, Pompano Beach, FL 33060 since 19 October 2021 and is currently estimated at $514,447. This property was built in 1959. 721-723 NE 12th Ave is a home located in Broward County with nearby schools including Pompano Beach 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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