NOT LISTED FOR SALE

316 NW 7 St Pompano Beach, FL 33060

Blanche Ely Neighborhood

Estimated Value: $423,000

Studio
-- Bath
6,903 Sq Ft
$61/Sq Ft Est. Value

Sale Details

Date Sold: April 20, 2018

Last sale price $330,000 $48 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,022 / mo

13 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Porch
  • Outdoor Living Area
  • Balcony
  • Open Patio

About This Home

As of April 2018

POMPANO: INVESTOR'S SPECIAL! TAKE ADVANTAGE OF A GREAT OPPORTUNITY TO OWN A WELL-MAINTAINED MULTI-FAMILY PRODUCING A CAP RATE OF NEARLY 7%! THIS HOME INCL A SINGLE FAMILY 2/2 IN THE FRONT, EFFICIENCY CONNECTED IN THE BACK, AND A DUPLEX ON THE RIGHT SIDE OF THE LOT. THIS BEAUTIFUL INVESTMENT ALSO INCLUDES A POOL, 12-YEAR OLD ROOFS, LARGE FRONT YARD, AMPLE PARKING SPACE, AND WELL-MAINTAINED UNITS BY TENANTS. THE MONTHLY RENTALS ARE STILL BELOW MARKET VALUE, CAN BE HIGHER FOR A HIGHER RETURN ON INVESTMENT!

Last Agent to Sell the Property

Kevin Mejia

Keller Williams Realty Consultants License #3378230 Listed on: 02/05/2018

Keller Williams Realty Consultants

Last Buyer's Agent

Annie Stubbs

Your Real Estate Service Group License #3365964

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,665

Year Built

  • Built in 1963

Lot Details

  • Fenced

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 6,903 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Living Area
  • Outbuilding
  • Porch

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484235140080

Community Details

Overview

  • No Home Owners Association
  • Association fees include ground maintenance, pool(s), sewer, water
  • 4 Units
  • J W Neeleys Sub Subdivision, J W Neeleys Sub Floorplan

Building Details

  • Operating Expense $14,745
  • Net Operating Income $23,955

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,665

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Head north of I-95, Take exit 36 for FL-814/Atlantic Blvd, Keep right at the fork and merge onto FL-814/W Atlantic Blvd, Merge onto W Atlantic Blvd, Turn left onto NW 6th Ave, Turn right onto NW 3rd St, Turn left onto NW 3rd Ave, Turn left onto NW 7th St
  • Year Built: 1963
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 6903.0
  • Stories: 1
  • Window Features: Other

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Open, Porch, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Separate Meters
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pool(s), Sewer, Water

Lot Info

  • Parcel #: 484235140080
  • Lot Size: 14,649SQFT
  • Mobile Dim Units: Feet
  • Zoning: RES

Multi Family

  • Property Net Operating Income: 23955.0
  • Number Of Units In Community: 4
  • Annual Operating Expense: 14745.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5665.0

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

Closed on
Jun 18, 2024
Sold by
Bought by
Current Estimated Value
$423,000

Purchase Details

Listed on
Feb 5, 2018
Closed on
Apr 20, 2018
Sold by
Bought by
Seller's Agent
Kevin Mejia
Keller Williams Realty Consultants
Buyer's Agent
Annie Stubbs
Your Real Estate Service Group
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$324,022
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2002
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
$166,500
Interest Rate
7.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$597,000 None Listed On Document
$450,000 None Listed On Document
$330,000 Simplytitle Company
-- First American Title Ins Co
$185,000 First American Title Ins Co
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
Previous Owner $324,022
Previous Owner $166,500
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
04/20/2018 04/20/18 Sold $330,000 -5.7% $48 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $350,000 -- $51 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $8,904 $365,890 $175,790 $190,100
2025 $8,836 $365,890 $175,790 $190,100
2024 $9,349 $365,890 $175,790 $190,100
2023 $9,349 $383,020 $0 $0
2022 $8,134 $348,200 $87,890 $260,310
2021 $7,470 $320,540 $87,890 $232,650
2020 $7,366 $320,850 $87,890 $232,960
2019 $6,889 $294,950 $87,890 $207,060
2018 $6,564 $301,920 $87,890 $214,030
2017 $5,665 $252,070 $0 $0
2016 $5,170 $229,160 $0 $0
2015 $4,870 $208,330 $0 $0
2014 $4,566 $192,760 $0 $0
2013 -- $180,910 $87,890 $93,020
Source: Public Records

Agents Affiliated with this Home

  • Kevin Mejia

    Seller's Agent in 2018

    Kevin Mejia

    Keller Williams Realty Consultants

    (954) 294-3088

    120 Total Sales

    Kevin Mejia
    Section Image

  • A

    Buyer's Agent in 2018

    Annie Stubbs

    Your Real Estate Service Group

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10107095

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-35-14-0080

Florida Broward County Pompano Beach 33060 Blanche Ely

316 NW 7 St, Pompano Beach, FL

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 2026 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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