NOT LISTED FOR SALE

Estimated Value: $1,677,000 - $1,932,166

0.63 Acre
$2,859,878 Price per Acre
27,486 Sq Ft Lot

Last Sold February 21, 2019

Last sale price $1,300,000

Est. 39% increase in value since last sale

Current estimated payment $12,204/month

131 Days on Market

Highlights

  • Marina
  • Property has ocean access
  • 0.63 Acre Lot
  • McNab Elementary School Rated A-
  • Private Dock
  • Home fronts a canal

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%
Total Days on Market
131
Current Estimated Value
$1,804,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,583
Avg. Annual Appreciation
3.08%

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

Similar Property in Pompano Beach, FL

  • 237 NW 11th St, Pompano Beach, FL 33060

    $1,495,000

    • Land
    • 0.49 Acre
    • $3,051,020 per Acre
    • 237 NW 11th St
    • Pompano Beach, FL

    Don’t miss out on this amazing opportunity to own one of the largest multi-family lots in beautiful and upcoming Pompano beach. Located in a CRA district and boasts an incredible 36,000 square feet with a 250 foot frontage, these two parcels have endless possibilities. Price includes both lots. Seller has indicated that he will only be interested in selling both parcels together and not

    Ariel Nanan United Realty Group Inc

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Change Sq Ft Price
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

  • Section Image
See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: A10495563

MIAMI REALTORS® MLS

APN: 49-43-06-35-0010