Owner
$644,557
417 NE 2ND ST, POMPANO BEACH, FL
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
3
sq. ft.
2,046
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C
Average Condition
Living Area
2 Stories
Masonry
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1984
Building Size
2,046 sq ft
Lot Size
13,550 sq ft
Lot Size (Acres)
0.31 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
48-42-35-18-0260
County
Broward County, FL
Metro Area
Miami-Fort Lauderdale-West Palm Beach, FL
Zoning
TO-DPOD
Neighborhood/Subdivision
HINSON ADD 2-7 PB
Lot Number
17,18
School District
Broward County School District
Legal Description
HINSON ADD 2-7 PB LOT 17,18 BLK 2
Tax & Value Information
Market Value (Total)
$495,440
Building Value
$454,790
Land Value
$40,650
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$175,230
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
—
Recording Date
—
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$24,941
Return on Investment
15.60%
After Repair Value
$709,013
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$580,101
Renovation Cost
$32,228
Closing Costs (buying)
$11,602
Holding Costs
$17,600
Selling Costs
$42,541
Total Investment
$159,850
After Repair Value (ARV)
$709,013
Total Costs
$684,072
Estimated Profit
$24,941
Cash Invested
$148,248
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area