1001 Pine Drive

Pompano Beach, FL 33060

$1,750,000
Last Sold Price
Beds
6,915 Sq. Ft.
$253 / Sq. Ft.
6,915
Sq. Ft.
$253
per Sq. Ft.

Description

Welcome to the perfect real estate investment property... This property is rented entirely to one tenant who is responsible for most property Maintenance & Expenses with the exception of major property repairs, property insurance policy and property taxes. Tenant has a halfway house business for Rehab patients, (NOT INCLUDED) It serves between the initial medical rehab and going back to independent life to avoid relapse. Tenant is on a 5-year lease with 2 more years left and is absolutely interested...

Property Details for 1001 Pine Drive

Subdivision
OCEAN DRIVE ESTATES
Style
Fourplex
Waterfront
No
Status
Closed Sale

Location

Listing Courtesy of Galleria International Realty

Property Details for 1001 Pine Drive

StatusClosed Sale
MLS #A11036648
Days on Market8
Taxes$22,491 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1972
Lot Size0.25 AC / 10,726 SF
CountyBroward County

Contact a Compass agent

Location

Listing Courtesy of Galleria International Realty

Building Information for 1001 Pine Drive

Stories-Residences8Year Built1972Building Size-Lot Size0.25 AC / 10,726 SF

Payment Calculator

$7,739 per month

30 year fixed, 2.95% Interest

Principal and Interest

$5,865

Property Taxes

$1,874

HOA Dues

$0

Property Information for 1001 Pine Drive

General Information
    General Information
  • Sq Ft Liv Area: 6915
  • Sq Ft Total: 6915
  • Information Available: Copy Of Lease(S), Other Available Information
  • Street Number Numeric: 1001.0
  • Street Name: Pine Dr
  • Area: 3341
  • County Or Parish: Broward County
  • Township Range: 49
  • Zip Code: 33060
  • City and Location Text: Pompano Beach
  • List Price: $1,800,000
    Maintenance / Tax Information
  • Tax Amount: $22,491
  • Tax Information: Tax Reflects No Exemptions
  • Tax Year: 2020
    Building Information
  • Property Type: Residential Income
  • Property Type Information: Other
  • Subdivision Complex Bldg: OCEAN DRIVE ESTATES
  • Total Units: 8
  • Type of Property: Fourplex
  • Year Built Numeric: 1972
  • Year Built Description: Resale
Virtual Tour / Features / Utilities
    Interior
  • Floor Description: Other Floors
  • AdjustedAreaSF: 6915.0
    Exterior
  • Construction Type: CBS Construction
  • Pool: No
  • Roof Description: Curved/S-Tile Roof
    Utilities
  • Cooling Description: Central Cooling, Electric Cooling
  • Heating Description: Central Heat, Electric Heat
  • Cable Available: Yes
  • Separate Meter: No
  • Sewer Description: Municipal Sewer
Property / Lot Information
    Building Information
  • Unit Count: 4
  • Type of Association: None
  • Zoning Information: RESIDENTIAL
  • Num Parking Spaces: 12
  • Num Stories: 2
    Community Information
  • Subdivision Number: 3
  • Subdivision Number Numeric: 3
    Location Information
  • Geographic Area: North Broward Us1 To Dixie Hwy (3311-3342)
  • Parcel Number Free Text: 494201030920
    Lot Information
  • Approximate Lot Size: 10726
  • Flood Zone: AH
  • Lot Description: Less Than 1/4 Acre Lot, 1/4 To Less Than 1/2 Acre Lot, Other Lot Description
  • LP Amt Sq Ft: $260
Multi Family Information
    Expense Information
  • Exp Incl Insurance: Yes
  • Exp Incl Retax: Yes
  • Total Expenses: $34,747
    Income Information
  • Gross Rent Income: $132,000
  • Net Operating Income: $97,253
Rent Information
    Rent Information
  • Rent Includes: None
Listing / Agent and Office Information
    Listing Information
  • Auction: No
  • AVM: Yes
  • Multiple Offers Accepted: Yes
  • Possession Information: Funding
  • RATIO Close Price By List Price: 1
  • REO: No
  • Short Sale: No

Property History for 1001 Pine Drive

DateEvent & SourcePriceAppreciation
Jun 8, 2021

Sold

MiamiRE #A11036648

$1,750,000
May 10, 2021

Pending

MiamiRE #A11036648

May 10, 2021

Backup Contract

MiamiRE #A11036648

DateEvent & SourcePrice
06/08/2021

Sold

MiamiRE #A11036648

$1,750,000
05/10/2021

Pending

MiamiRE #A11036648

05/10/2021

Backup Contract

MiamiRE #A11036648

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1001 Pine Drive


SchoolTypeGradesDistanceRating
Bb International Preschool And KindergartenPrivateK0.5 mi
NR
Broward Children's Center NorthPublicPK-120.6 mi
NR
Pompano Beach High SchoolPublic9-120.7 mi
9
Pompano Beach Middle SchoolPublic6-80.7 mi
4

Bb International Preschool And Kindergarten

K, 0.5 mi, Private

NR

Broward Children's Center North

PK-12, 0.6 mi, Public

NR

Pompano Beach High School

9-12, 0.7 mi, Public

9

Pompano Beach Middle School

6-8, 0.7 mi, Public

4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Galleria International Realty

Details provided by MCRTC and may not match the public record. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Beaches Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Martin County REALTORS® of the Treasure Coast, Inc. Real estate listings held by brokerage firms other than Redfin are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2021 Martin County REALTORS® of the Treasure Coast, Inc. All Rights Reserved. © 2021 The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2021 Miami Association of REALTORS®. All Rights Reserved. The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2021 BeachesMLS, Inc. Data last updated on 06/10/2021 12:25 PM