NOT LISTED FOR SALE

Pompano Beach, FL 33060

Cypress Harbor Neighborhood
-- Bed
-- Bath
4,175 Sq Ft
1974 Built

Last Sold December 12, 2022

Last sale price $1,020,000 $244 Per Sq Ft

59 Days on Market

Highlights

  • Ceramic Tile Flooring
  • McNab Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of December 2022

4-2BR units and 2-1BR units, all with central AC and individual electric meters. Each unit includes newer windows, remodeled kitchens & bathrooms and tile flooring, Current rents are below market. Great upside potential with adjustment. Conveniently located 1 mile west of Federal Highway near all shopping. Multiple hospital/ medical offices nearby creating potential tenant pool. Corner building/property with parking on 2 streets.

Last Agent to Sell the Property

Daniel Brooks

Keller Williams Realty Services License #3283415 Listed on: 10/13/2022

Keller Williams Realty Services

Co-Listed By

Jonathan Phillips

Keller Williams Realty Services License #3278130

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,746

Year Built

  • Built in 1974

Interior Spaces

  • 4,175 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Schools

  • Mcnab Elementary School
  • Pompano Beach Middle School
  • Blanche Ely High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494202142340

Community Details

Overview

  • 4 Units
  • Lyons Park First Add Subdivision

Building Details

  • Operating Expense $22,422
  • Net Operating Income $72,378

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,746

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Federal Highway to McNab Road (aka SE 15 Street) go west one mile to property - OR - NE 18 Avenue from Commercial Blvd, north to McNab Road, west to property
  • Year Built: 1974
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 4175.0

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Schools

  • Elementary School: Mcnab
  • High School: Blanche Ely
  • Middle Or Junior School: Pompano Beach

Lot Info

  • Parcel #: 494202142340
  • Lot Size: West of US-1
  • Zoning Description: RM-20

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 72378.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 22422.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13746.0

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $1,020,000 -15.0% $244 / Sq Ft
10/17/2022 10/17/22 Price Changed $1,200,000 +9.1% $287 / Sq Ft
10/13/2022 10/13/22 For Sale $1,100,000 -- $263 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel Brooks

    Keller Williams Realty Services

    (561) 571-8734

    1 in this area

    115 Total Sales

    Daniel Brooks
    Section Image
  • Jonathan Phillips

    Seller Co-Listing Agent in 2022

    Jonathan Phillips

    Keller Williams Realty Services

    (561) 320-3869

    1 in this area

    281 Total Sales

    Jonathan Phillips
    Section Image
See All Agents

Source: BeachesMLS

MLS Number: R10838580

BeachesMLS
Florida Broward County Pompano Beach 33060

Cypress Harbor

This home since 13 October 2022. This property was built in 1974. This home is a home located in Broward County with nearby schools including McNab 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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