See Home Value
$6,634,544*
House - Off Market

508 SE 28th Avenue

Pompano Beach, FL 33062
bedrooms
6 Beds
bathrooms
6 Baths
square feet
5892 Sqft
$5,306,000 - $6,484,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Dec 02, 2021
$5,350,000
$1,450,000 by Ubs Bank Usa
Mortgage Due Jan 01, 2052
Sold Mar 16, 2015
$2,573,850
$1,750,000 by Everbank.com
Mortgage Due Apr 01, 2045

About This Property

Magnificent DIRECT INTRACOASTAL modern residence that perfectly suits today's South Florida lifestyle. High end custom finishes and built-ins throughout with beautifully designed interiors. Large open floor plan with Chefs kitchen, Office, Media room, home gym, Upstairs and downstairs master, his and hers water-closet, roof top terrace and a full house generator plus much more. This ultra  relaxing waterfront oasis is the perfect home for entertaining with indoor/outdoor living. This home is a MUST SEE! Featured in Modern Luxury Magazine 2016.

The manager has listed the unit size as 5892 square feet.
Unit Size
5,892Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,001
Property Type
House
Property Taxes
$4,152
HOA Dues
-
Year Built
2015

Price History

Date / Event Date Event Price
Dec 2, 2021 Sold to Lloyd Smith, Michael L Smith $5,350,000
Sold to Lloyd Smith, Michael L Smith
Oct 6, 2021 No longer available -
No longer available
Aug 13, 2021 Listed $5,895,000
Listed
Apr 7, 2020 No longer available -
No longer available
Oct 6, 2019 Listed $4,395,000
Listed
Totally stunning Modern intracoastal residence perfectly suits today's South Florida lifestyle.Incredible views from all entertaining areas & both Master Suites (1st & 2nd level)! Flexible floor plan also incorporates 1st level office & media room. High end finishes throughout, many custom finishes & professionally designed interiors.Large open crisp white Chef's kitchen with large contrasting island. Amazing open great room with fireplace & custom floating staircase…

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Frontage Feet: 852
  • Total Building Area: 7,919
  • Gross Building Area: 7,919
  • Building Area: 5,892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 5,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CYPRESS POINT 28-16 B
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CYPRESS POINT 28-16 B LOT 9 BLK 1

Ownership

  • Current Owner : SMITH LLOYD
  • Current Owner 2: SMITH MICHAEL L
  • Previous Owner : KATZ GREGORY E
  • Previous Owner 2: KATZ DANIELLE
  • Owner Before Previous Owner: LUCY D SOFTWARE LLC
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 031002

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 169A
  • District: 1511
  • Parcel: 49-43-06-19-0070
  • Block: 1
  • Lot: 9
  • Meridian: SEC 06 TWN 49S RNG 43E
  • Municipality: POMPANO BEACH
  • Latitude: 26.2264
  • Longitude: -80.0957

    Address

  • Full Address: 508 Se 28th Ave
  • Address - House Number: 508
  • Street Direction: SE
  • Address - Street Name: 28th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Pompano Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 6132
  • Zip Code: 33062

Valuation

    Tax

  • Total Area: 6,380
  • Tax Year: 2023
  • Tax Amount: $110,360
  • Tax Rate Code Area: 1511

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,450,000
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $5,281,500
  • Market Land Value: $675,000
  • Market Improvement Value: $4,606,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $5,281,500
  • Assessed Land Value: $675,000
  • Assessed Improvements Value: $4,606,500

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11870146326
  • Current Sale Price: $5,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117776774
  • Previous Sale Recording Date: Mar 16, 2015
  • Previous Sale Contract Date: Mar 05, 2015
  • Previous Sale Amount: $2,573,850
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UBS BANK USA
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $1,450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: EVERBANK.COM
  • Previous Mortgage Transaction Date: Mar 16, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,750,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.5 Baths
5,349 ft²
$1,224/ft²
$6,549,000 Feb 1, 2023
-
$1,677/mo
House
6 Beds
5.5 Baths
-
$5,995,000 Dec 27, 2022
-
$3,083/mo
Condo
4 Beds
5 Baths
3,804 ft²
$1,564/ft²
$5,950,000 Mar 8, 2023
-
-
Condo
4 Beds
5 Baths
3,804 ft²
$1,577/ft²
$6,000,000 Mar 8, 2023
-
-
Condo
4 Beds
5 Baths
3,804 ft²
$1,472/ft²
$5,600,000 Mar 8, 2023
-
-
Townhouse
4 Beds
4.5 Baths
4,048 ft²
$1,705/ft²
$6,900,000 Aug 20, 2022
-
$3,770/mo
Condo
4 Beds
5 Baths
3,804 ft²
$1,709/ft²
$6,500,000 Mar 8, 2023
-
-
Condo
4 Beds
5 Baths
3,272 ft²
$1,681/ft²
$5,500,000 Mar 8, 2023
-
-
Condo
4 Beds
5 Baths
3,272 ft²
$1,557/ft²
$5,096,000 Mar 8, 2023
-
-
Commercial
Loft
-
-
$4,800,000 Aug 22, 2022
-
$2,630/mo

About Cypress Point


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Frequently Asked Questions

When was property at 508 Southeast 28th Avenue built and last sold?
The property at 508 Southeast 28th Avenue was built in 2015 and last sold on Nov 30, 2021 for $5,350,000.
How much is this home worth?
The estimated value of the home located at 508 Southeast 28th Avenue is $5,914,253.
What are some comparable homes to 508 Southeast 28th Avenue?
There are currently no comparable homes to 508 Southeast 28th Avenue.

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