For SaleGood Deal4 days on market
1431 S Ocean Boulevard Unit 28
1431 S Ocean Boulevard Unit 28, Pompano Beach, FL 33062, Pompano Beach, FL 33062
$550,000
Estimate®:$544,500
Listing Price
1431 S Ocean Boulevard Unit 28, Pompano Beach, FL 33062
Loc: Pompano Beach, FL
Days Listed
4
Tax Assessed
$617k
Estimate®
$545k
Market Rate
Rent Estimate
$5,492/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
McNab Elementary School
PK-5
0.9 mi away
5
Pompano Beach Middle School
6-8
2.2 mi away
2
Northeast High School
9-12
2.9 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
ranch stylesingle-storystucco exteriorattached garagelarge windowslandscaped lawnhedged landscapingsunset lightingcoastal vibesuburbancovered entrywaylow-pitched roof
Haven AI Verdict
Recommendation
Good
Confidence Score: 7/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.45%
Total ROI
120.8%
Cash Flow
$560/mo
DSCR
1.20
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $560/mo net cash flow with a 7.5% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.5%)
- • 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 |
|---|---|---|---|
| 2026-09-21 | Price change | $550,000 | $282 |
| 2026-06-04 | Price change | $579,000 | $297 |
| 2026-04-17 | Price change | $599,000 | $307 |
| 2026-01-07 | Price change | $623,000 | $319 |
| 2025-10-20 | Price change | $636,000 | $326 |
| 2025-09-16 | Price change | $622,900 | $319 |
| 2025-07-11 | Listed for sale | $623,900 | $320 |
| 2025-07-05 | Listing removed | $618,000 | $317 |
| 2025-06-11 | Price change | $618,000 | $317 |
| 2025-05-28 | Price change | $619,000 | $317 |
| 2025-05-09 | Listed for sale | $649,000 | $333 |
| 2018-03-26 | Listing removed | $429,000 | $220 |
| 2018-03-06 | Listed for sale | $429,000 | $220 |
| 2018-02-07 | Pending sale | $429,000 | $220 |
| 2017-11-29 | Price change | $429,000 | $220 |
| 2017-10-19 | Price change | $435,000 | $223 |
| 2017-08-09 | Price change | $445,000 | $228 |
| 2017-07-10 | Price change | $449,000 | $230 |
| 2017-05-14 | Listed for sale | $468,000 | $240 |
| 2015-02-24 | Listing removed | $449,000 | $230 |
| 2014-10-30 | Listed for sale | $449,000 | $230 |
| 2014-02-23 | Listing removed | $450,000 | $231 |
| 2013-10-16 | Listed for sale | $450,000 | $231 |
| 2011-07-01 | Listing removed | $335,000 | $172 |
| 2011-04-06 | Listed for sale | $335,000 | $172 |
| 1988-03-01 | Sold | $100,571 | $52 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,606.57 | $444,530 |
| 2024 | $7,287.82 | $432,010 |
| 2023 | $7,128.77 | $419,430 |
| 2022 | $6,593.08 | $407,220 |
| 2021 | $6,390.11 | $395,360 |
| 2020 | $6,311.37 | $389,910 |
| 2019 | $6,370.33 | $390,380 |
| 2018 | $6,370.33 | $303,440 |
| 2017 | $4,764.69 | $297,200 |
| 2016 | $4,735.97 | $291,090 |
| 2015 | $4,773.69 | $289,070 |
| 2014 | $4,937.98 | $286,780 |
| 2013 | $4,937.98 | $347,740 |
| 2012 | $4,835.68 | $277,830 |
| 2011 | $2,688.21 | $347,670 |
| 2010 | $2,689.57 | $166,850 |
| 2009 | $2,530.71 | $162,470 |
| 2008 | $2,511.79 | $162,310 |
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