For SaleExcellent Deal35 days on market
651 PINE Drive #204
651 PINE Drive #204, Pompano Beach, FL 33060, Pompano Beach, FL 33060
$147,000
Listing Price
651 PINE Drive #204, Pompano Beach, FL 33060
Loc: Pompano Beach, FL
Days Listed
35
Tax Assessed
$133k
Rent Estimate
$2,137/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
McNab Elementary School
PK-5
1.2 mi away
5
Pompano Beach Middle School
6-8
0.5 mi away
4
Blanche Ely High School
9-12
1.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Stock Cooperative1969Central, OtherCentral Air, Other2 Parking spaces$600 monthly35 Days$147
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
10.92%
Total ROI
196.2%
Cash Flow
$575/mo
DSCR
1.75
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $575/mo net cash flow with a 10.9% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (10.9%)
- • Strong rental demand in Pompano Beach
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Price change | $147,000 | $147 |
| 2026-05-01 | Price change | $155,000 | $155 |
| 2025-11-15 | Listed for sale | $165,000 | $165 |
| 2024-04-30 | Sold | $220,000 | $220 |
| 2024-01-21 | Listed for sale | $224,000 | $224 |
| 2024-01-01 | Sold | $140,000 | $140 |
| 2023-11-25 | Contingent | $140,000 | $140 |
| 2023-09-09 | Listed for sale | $140,000 | $140 |
| 2019-12-12 | Listing removed | $96,000 | $96 |
| 2019-10-27 | Price change | $96,000 | $96 |
| 2019-10-15 | Listed for sale | $108,000 | $108 |
| 2017-10-16 | Listing removed | $119,000 | $119 |
| 2017-08-20 | Listed for sale | $119,000 | $119 |
| 2015-12-11 | Sold | $93,500 | $94 |
| 2015-08-11 | Listed for sale | $95,500 | $96 |
| 2015-04-26 | Listing removed | $93,000 | $93 |
| 2015-04-13 | Price change | $93,000 | $93 |
| 2014-10-06 | Price change | $95,000 | $95 |
| 2014-08-28 | Listed for sale | $99,000 | $99 |
| 2014-08-27 | Listing removed | $1,100 | $1 |
| 2014-06-11 | Price change | $1,100 | $1 |
| 2014-05-21 | Price change | $1,200 | $1 |
| 2014-04-27 | Listed for rent | $1,300 | $1 |
| 2005-02-08 | Sold | $85,000 | $85 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,307.01 | $193,600 |
| 2024 | $3,096 | $134,870 |
| 2023 | $687.46 | $47,110 |
| 2022 | $666.69 | $45,740 |
| 2021 | $610.66 | $44,410 |
| 2020 | $591.76 | $43,800 |
| 2019 | $574.59 | $42,820 |
| 2018 | $574.59 | $42,030 |
| 2017 | $543.25 | $41,170 |
| 2016 | $474.2 | $80,680 |
| 2015 | $1,762.42 | $73,800 |
| 2014 | $683.87 | $53,360 |
| 2013 | $683.87 | $77,350 |
| 2012 | $1,167.02 | $48,890 |
| 2011 | $1,167.97 | $50,130 |
| 2010 | $1,106.5 | $47,000 |
| 2009 | $1,388.86 | $62,760 |
| 2008 | $1,876.07 | $92,280 |
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