NOT LISTED FOR SALE
3.87 Acres
-- Price per Acre
168,577 Sq Ft Lot

Sale Details

Date Sold: August 15, 2022

Last sale price $4,250,000 $122 Per Sq Ft

259 Days on Market

About This Lot

As of August 2022

Pompano Beach Project with approved site plan. The current approved site plan consists of the construction of two (2) four-story residential buildings and one (1) five-story mixed use building for 122 dwelling units and 1,850 +/- square feet of a ground floor commercial use as well as parking, landscaping, and activity areas for residents (“Project”). The Project encompasses the following property: 740 SW 11 Street Pompano Beach, FL; which consists of approximately 3.87 +/- acres. Currently project has site plan approval with the City of Pompano Beach that consists of 122 residential dwelling units. The total 122 units breaks down as follows 28 1 bedroom 1 bath of approximately 650 +/- sq./ft. and 94 2 bedroom 2 baths of approximately 880 +/- sq./ft. and 142 surface parking spaces.

Last Agent to Sell the Property

Tomas Datorre

Related General Realty, LLC. License #0645396 Listed on: 07/15/2021

Related General Realty, LLC.

Last Buyer's Agent

Tomas Datorre

Related General Realty, LLC. License #0645396 Listed on: 07/15/2021

Related General Realty, LLC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,111

Lot Details

  • 3.87 Acre Lot
  • Property is zoned commercial/residenti

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Fairview Amended Plat Condos
  • Fairview Amended Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494202030130

Property Details

Property Type

Land

Est. Annual Taxes

$19,111

Lot Details

3.87 Acres

Listing Details

  • Property Type: Commercial Land
  • Directions: Dixie Hwy and sw 11st
  • Horses: No
  • Lot Size Acres: 3.87
  • New Construction: No
  • Road Frontage Type: City/County Maintained, U.S. Highway
  • Subdivision Name: FAIRVIEW AMENDED PLAT
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Suburban

Exterior Features

  • Lot Features: City Location, Near Airport, Near School, 5 To Less Than 10 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FAIRVIEW AMENDED PLAT

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 494202030130
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 132815
  • Zoning: commercial/residenti
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 19111

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
Jul 15, 2021
Closed on
Aug 15, 2022
Sold by
Bought by
Seller's Agent
Tomas Datorre
Related General Realty, LLC.
Buyer's Agent
Tomas Datorre
Related General Realty, LLC.
List Price
$5,250,000
Sold Price
$4,250,000
Premium/Discount to List
-$1,000,000
-19.05%

Purchase Details

Closed on
Nov 19, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2017
Bought by

Purchase Details

Closed on
Dec 17, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,600
Interest Rate
0.145%
Mortgage Type
Balloon
Source: Public Records
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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
$4,250,000 Ser & Associates Pllc
-- Best Practices Title Llc
$525,000 --
$2,600 None Available
$651,000 Key Title & Escrow Inc
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,500,000
Open $5,630,000
Closed $600,000
Closed $7,480,000
Open $21,000,000
Previous Owner $390,600
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 Prior Sale
08/15/2022 08/15/22 Sold $4,250,000 -19.0% $122 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
07/15/2021 07/15/21 For Sale $5,250,000 +1421.7% $151 / Sq Ft
08/17/2017 08/17/17 Sold $345,000 -12.7% $10 / Sq Ft View Prior Sale
07/09/2017 07/09/17 Pending -- -- --
10/01/2015 10/01/15 For Sale $395,000 -- $11 / 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 $234,878 $7,459,080 $3,718,820 $3,740,260
2025 $76,154 $3,731,060 $3,718,820 $12,240
2024 $77,449 $3,731,060 $3,718,820 $12,240
2023 $77,449 $3,733,790 $3,718,820 $14,970
2022 $23,848 $1,143,050 $0 $0
2021 $22,270 $1,039,140 $0 $0
2020 $19,111 $944,680 $929,710 $14,970
2019 $7,380 $382,230 $382,230 $0
2018 $6,428 $320,010 $320,010 $0
2017 $4,559 $230,400 $0 $0
2016 $4,401 $212,630 $0 $0
2015 $4,295 $193,300 $0 $0
2014 $4,085 $175,730 $0 $0
2013 -- $237,410 $237,410 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11071622

MIAMI REALTORS® MLS
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