516 SW 2nd Ct Pompano Beach, FL 33060
South Dixie NeighborhoodHighlights
- Wood Flooring
- Central Heating and Cooling System
- 2-minute walk to Avondale Park
- No HOA
- 1-Story Property
About This Home
As of December 2024Investment opportunity! This fourplex offers 2 one-bedroom, one-bath units, 1 additional one-bedroom, one-bath unit, and a studio apartment. A shared laundry room adds convenience for tenants. Three units are rented on a month-to-month basis, bringing in $3,500 per month. Perfect for investors looking for steady cash flow with flexible tenant terms. The roof was replaced in 2021. Please do not disturb the tenants.
Last Agent to Sell the Property
Grant and Associates Real Estate INC License #3411903
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,159
Year Built
- Built in 1972
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
- Flat Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,376 Sq Ft Home
- 1-Story Property
Flooring
- Wood
- Tile
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 4 Units
- Avondale Condos
- Avondale Subdivision
Listing and Financial Details
- Rent includes water
- Assessor Parcel Number 494202021462
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2024 12/05/24 | Sold | $540,000 | -3.9% | $227 / Sq Ft |
| 12/02/2024 12/02/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | For Sale | $562,000 | -- | $237 / Sq Ft |
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 | $8,514 | $478,960 | $39,000 | $439,960 |
| 2024 | $8,159 | $353,270 | -- | -- |
| 2023 | $8,159 | $291,970 | $0 | $0 |
| 2022 | $6,899 | $265,430 | $0 | $0 |
| 2021 | $6,348 | $241,300 | $0 | $0 |
| 2020 | $5,389 | $229,770 | $39,000 | $190,770 |
| 2019 | $4,949 | $199,430 | $39,000 | $160,430 |
| 2018 | $2,914 | $165,050 | $0 | $0 |
| 2017 | $2,400 | $108,740 | $0 | $0 |
| 2016 | $2,155 | $103,410 | $0 | $0 |
| 2015 | $2,053 | $98,740 | $0 | $0 |
| 2014 | $1,952 | $94,470 | $0 | $0 |
| 2013 | -- | $88,830 | $39,000 | $49,830 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $180,000 | Commercial | |
| Previous Owner | $93,750 | Commercial |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $540,000 | Assure America Title | |
| Quit Claim Deed | $109,000 | Wollinka Wikle Title Insuran | |
| Warranty Deed | $75,000 | -- | |
| Quit Claim Deed | $10,000 | -- | |
| Warranty Deed | $29,143 | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11680796
APN: 49-42-02-02-1462
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