For SaleRisky Deal12 days on market
1340 S OCEAN Boulevard #1106
1340 S OCEAN Boulevard #1106, Pompano Beach, FL 33062, Pompano Beach, FL 33062
$792,000
Estimate®:$747,300
Listing Price
1340 S OCEAN Boulevard #1106, Pompano Beach, FL 33062
Loc: Pompano Beach, FL
Days Listed
12
Tax Assessed
$652k
Estimate®
$747k
Market Rate
Rent Estimate
$4,620/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
1.3 mi away
5
Pompano Beach Middle School
6-8
2.2 mi away
4
Blanche Ely High School
9-12
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
Condominium1972Central, ElectricCentral Air, Electric1 Attached Garage space$1,637 monthly12 Days$462
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.96%
Total ROI
44.9%
Cash Flow
$-1,496/mo
DSCR
0.64
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,496/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Pompano Beach, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-24 | Price change | $792,000 | $462 |
| 2026-09-12 | Listed for sale | $812,000 | $473 |
| 2026-06-22 | Listed for rent | $4,200 | $2 |
| 2025-02-02 | Listing removed | $3,900 | $2 |
| 2025-01-24 | Listed for rent | $3,900 | $2 |
| 2007-05-01 | Sold | $475,000 | $277 |
| 1982-05-01 | Sold | $112,500 | $66 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,722.91 | $408,730 |
| 2024 | $7,508.51 | $397,220 |
| 2023 | $7,489.17 | $385,660 |
| 2022 | $7,082.66 | $374,430 |
| 2021 | $6,858.57 | $363,530 |
| 2020 | $6,649.96 | $358,520 |
| 2019 | $6,539.33 | $350,460 |
| 2018 | $6,539.33 | $343,930 |
| 2017 | $6,295.59 | $336,860 |
| 2016 | $6,023.36 | $329,940 |
| 2015 | $5,956.87 | $327,650 |
| 2014 | $6,094.57 | $325,050 |
| 2013 | $6,094.57 | $326,380 |
| 2012 | $5,970.63 | $314,900 |
| 2011 | $6,091.93 | $337,590 |
| 2010 | $6,022.06 | $320,070 |
| 2009 | $6,873.47 | $332,130 |
| 2008 | $6,019.45 | $345,070 |
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