Closed

Pompano Beach Park, 401 Hibiscus Ave, Pompano Beach, FL 33062

1,250,000(-8% )
$1,150,000Price
2,713SqFt

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Details

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Status:
Sold - May 28, 2024
Size: 2,713 SqFt (252 m2)
Price: $424/SqFt ($4,563/m2)
Type: Multi Family
Built: 1948
MLS Number: F10417754
On Site: 559 Days
Updated: 424 Days ago
Page Views: 0
Discover the ideal vacation rental property! These recently renovated duplexes, situated by the beach, pier, and restaurants, offer a prime location for luxury developers. Each 1-bedroom unit boasts brand new lg energy-saving a/c units, individual electric meters, ge electric panels, tankless hot water heaters, impact windows and doors, copper and pvc pipes, and updated bathrooms and kitchens. Additional 2023 updates enhance the property. Both structures had new roofs installed in july 2017. The property features a community laundry room equipped with shinepay washer and dryer, allowing tenants to pay by phone, offering landlords an easy way to collect additional income through their mobile app.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Patio
      Interior, Heating and Cooling
      • Heating Description: WallFurnace
      • Cooling Description: CeilingFans, WallWindowUnits
      Building and Construction
      • Floor Description: Tile,Vinyl
      • Windows/Treatment: ImpactGlass
      • Year Built: 1948
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-01-20T12:34:50.000-00:00
        Taxes, Fees & More
        • Taxes: 16752
        • Total Units in Building: 4

        Price History

        05/28/2024

        Date

        Sold

        Event

        $1.2M

        Price

        -8%

        Change Rate

        $424 ft2 / $4,563 m2

        Price Per

        03/04/2024

        Date

        Price Reduced

        Event

        $1.3M

        Price

        -3.85%

        Change Rate

        $461 ft2 / $4,959 m2

        Price Per

        02/15/2024

        Date

        Price Reduced

        Event

        $1.3M

        Price

        -6.47%

        Change Rate

        $479 ft2 / $5,158 m2

        Price Per

        01/20/2024

        Date

        Listed

        Event

        $1.4M

        Price

        $512 ft2 / $5,515 m2

        Price Per

        Price per square foot and days on website are not provided values and are calculated by Subdivisions.

        Listed by Lauren RingPompano Beach Realty • Buyer Agency Compensation .

        Instant Comps

        $300/ft²
        $400/ft²
        $600/ft²
        $800/ft²

        Unit 401 Hibiscus Ave – Asking

        $424/ft²

        (-31%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $611/ft²
        Community $/Price Range (Closed) $611/ft² – $611/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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