NOT LISTED FOR SALE

Pompano Beach, FL 33062

Pompano and Santa Barbara Shores Neighborhood

Estimated Value: $1,763,000 - $1,824,402

0.63 Acre
$2,842,632 Price per Acre
27,486 Sq Ft Lot

Last Sold February 21, 2019

Last sale price $1,300,000

Est. 31% increase in value since last sale

Current estimated payment $10,917/month

131 Days on Market

Highlights

  • Marina
  • Private Dock
  • Home fronts a canal
  • Property has ocean access
  • 0.63 Acre Lot
  • Corner Lot

About This Lot

As of February 2019

RARE DEVELOPMENT OPPORTUNITY! Ready to build 14 unit upscale townhouse project with ocean access, no fix bridges and 100 feet waterfront! Building plans are approved by the City of Pompano Beach! Expiration date to obtain principal building permit extended until July 2020! Finished units could sell over $700k! Zoned B3 and allows even bigger Condo projects with max height 105 feet! Only minutes to Hillsboro inlet and beaches! Close to shopping!

Last Agent to Sell the Property

Richard Wisinszky

RE/MAX FIRST License #3272708 Listed on: 07/01/2018

RE/MAX FIRST

Last Buyer's Agent

Richard Wisinszky

RE/MAX FIRST License #3272708 Listed on: 07/01/2018

RE/MAX FIRST

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,236

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 226x130
  • Home fronts a canal
  • Corner Lot
  • Property is zoned B-3

Utilities

  • Underground Utilities
  • Phone Connected

Additional Features

  • Canal Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 494306350010

Community Details

Overview

  • No Home Owners Association
  • Santa Barbara Shores Amen Condos
  • Santa Barbara Shores Amen Subdivision

Recreation

  • Marina
  • Property has ocean access
  • No Fixed Bridges
  • Property is near a marina
  • Canal Width is 81-120 Feet
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$18,236

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Corporation
  • Property Sub Type: Commercial
  • Horses: No
  • Inclusions: Dock Available,Private Dock, Dock Available,Marina
  • Lot Size Acres: 0.631
  • Lot Size: 226x130
  • New Construction: No
  • Road Frontage Type: Legal Access Road, City/County Maintained, Public Road
  • Road Surface Type: Paved
  • Structure Type: Commercial
  • Subdivision Name: SANTA BARBARA SHORES AMEN
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld, Central Urban, Other Plan Use, Urban Commercial

Exterior Features

  • View: Canal View
  • Waterfront Elevation: 5
  • Lot Features: City Location, Corner Lot, Less Than 1 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Canal Width 81-120 Feet, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SANTA BARBARA SHORES AMEN

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Green Building Features: Light Traffic, Street Lights
  • Utilities: Electricity Connected, Phone Connected, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 494306350010
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units), Other Usage
  • Lot Size Sq Ft: 27527
  • Zoning: B-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 18236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Jan 29, 2019
Sold by
Vector Of Pompano Beach Llc
Bought by
Flanigans Enterprises Inc
Seller's Agent
Richard Wisinszky
RE/MAX FIRST
Buyer's Agent
Richard Wisinszky
RE/MAX FIRST
List Price
$1,700,000
Sold Price
$1,300,000
Premium/Discount to List
-$400,000
-23.53%
Current Estimated Value
$1,708,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,091
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Oct 2, 2006
Sold by
Bamman Fred C
Bought by
Vector Of Pompano Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 1984
Sold by
Available Not
Bought by
Available Not
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

Date Buyer Sale Price Title Company
Flanigans Enterprises Inc $1,300,000 Attorney
Vector Of Pompano Beach Llc -- Blade Title Company
Vector Of Pompano Beach Llc $2,400,000 Blade Title Company
Available Not $273,214 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vector Of Pompano Beach Llc $1,920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2019 02/21/19 Sold $1,300,000 -23.5% --
07/01/2018 07/01/18 For Sale $1,700,000 -- --
Source: MIAMI REALTORS® MLS

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 $24,882 $1,213,700 $1,213,700 --
2024 $25,285 $1,213,700 $1,213,700 --
2023 $25,285 $1,213,700 $1,213,700 $0
2022 $24,154 $1,173,240 $1,173,240 $0
2021 $25,073 $1,213,700 $1,213,700 $0
2020 $24,655 $1,213,700 $1,213,700 $0
2019 $19,325 $943,990 $943,990 $0
2018 $18,215 $903,530 $903,530 $0
2017 $17,944 $903,530 $0 $0
2016 $18,236 $903,530 $0 $0
2015 $18,872 $903,530 $0 $0
2014 $18,969 $903,530 $0 $0
2013 -- $903,530 $903,530 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Richard Wisinszky

    RE/MAX

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Source: MIAMI REALTORS® MLS

MLS Number: A10495563

MIAMI REALTORS® MLS

APN: 49-43-06-35-0010

Florida Broward County Pompano Beach 33062

Pompano and Santa Barbara Shores

Not Listed for Sale

Lots

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