$265,000
●
House -
Off Market
860 NW 5th Avenue
Pompano Beach, FL 33060
4 Beds
2 Baths
1,094 Ft²
$297,452
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Previous Buyer unable to obtain Financing, but good luck for you!
and No HOA! A Place of your own! and yes start the New Year
with a new Large home with 4 bedrooms and 2 bathrooms. OPPORTUNITY
ZONE PROPERTY which gives TAX ADVANTAGES to the buyer, it is a tax
deferral program. Zoned Residential MultiFamily -12 Freshly painted
and Deep Cleaned with terrific neighbors in a great upcoming
Pompano area. Large Fenced yard. Separate Laundry area. Closets in
every room. Central a/c Front porch Patio directly in front of the
home. Property is in a coveted Opportunity Zone. A few short miles
to the beach. Seller reserves the right to leave the property on
the market 12 business days before reviewing offers.
Unit Size
1,094 Ft²
Days on Market
151 days
Land Size
0.12 acres
Price per sqft
$251
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
1957
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Beaches MLS #F10297837)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2022 | No longer available | - | |
| No longer available | |||
| Mar 20, 2022 | Listed by Middle River Realty | $420,000 | |
| Listed by Middle River Realty | |||
| | |||
|
Amazing single-family house with 4 bedrooms and 2 bathrooms, brand new open kitchen with quartz countertops, new stainless steel appliances and plenty of cabinets spaces, Central Air conditioning, new laminate flooring throughout the home, Separate utility room, the backyard is perfect for family get-togethers and entertaining friends and ample parking in large driveway. Located a short miles from the ocean in Pompano Beach Pier, Shopping, Restaurant and close to I-95. !! Make this beautiful house your New Home!! This will not last!! The manager has listed the unit size as 1094 square feet.
| |||
| Jan 21, 2022 | Sold | ||
| Sold | |||
| Aug 21, 2021 | Listed by LoKation | $275,000 | |
| Listed by LoKation | |||
| Aug 10, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
HOA + Taxes
About Pompano Beach
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Listed by: Rita M Neri
LoKation
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10297837
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
LoKation
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10297837
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