For SaleRisky Deal92 days on market
2505 NE 2nd Street
2505 NE 2nd Street, Pompano Beach, FL 33062, Pompano Beach, FL 33062
$850,000
Listing Price
2505 NE 2nd Street, Pompano Beach, FL 33062
Loc: Pompano Beach, FL
Days Listed
92
Tax Assessed
$343k
Lot Size
2,200 sqft
Type
townhouse
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.
4
Pompano Beach Elementary School
PK-5
0.7 mi away
5
Pompano Beach Middle School
6-8
1.4 mi away
4
Blanche Ely High School
9-12
2.2 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
moderntransitionalopen conceptwhite cabinetrykitchen islandluxuryneutral color paletterecessed lightinghardwood flooringwine coolerminimalisthigh-end finishesstaged decor
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.19%
Total ROI
93.5%
Cash Flow
$-22/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-22/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • 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 |
|---|---|---|---|
| 2026-09-09 | Price change | $850,000 | $383 |
| 2026-07-12 | Price change | $875,000 | $394 |
| 2026-06-25 | Listed for sale | $900,000 | $405 |
| 2021-03-24 | Listing removed | $0 | – |
| 2018-11-26 | Sold | $380,000 | $171 |
| 2018-10-10 | Listed for sale | $410,000 | $185 |
| 2012-12-13 | Sold | $282,500 | $127 |
| 2012-10-14 | Listed for sale | $299,500 | $135 |
| 2010-10-07 | Sold | $247,500 | $111 |
| 2010-07-25 | Price change | $299,000 | $135 |
| 2010-05-27 | Listed for sale | $340,000 | $153 |
| 2000-12-01 | Sold | $213,900 | $96 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,484.48 | $342,970 |
| 2024 | $6,300.81 | $333,310 |
| 2023 | $6,196.49 | $323,610 |
| 2022 | $5,842.48 | $314,190 |
| 2021 | $5,650.24 | $305,040 |
| 2020 | $5,478.07 | $300,830 |
| 2019 | $5,384.97 | $294,070 |
| 2018 | $5,384.97 | $187,680 |
| 2017 | $3,145.66 | $183,820 |
| 2016 | $2,984.06 | $180,450 |
| 2015 | $2,939.61 | $180,450 |
| 2014 | $3,058.74 | $180,450 |
| 2013 | $3,058.74 | $257,080 |
| 2012 | $2,756.91 | $164,550 |
| 2011 | $3,703.91 | $211,610 |
| 2010 | $3,247.18 | $189,060 |
| 2009 | $3,322.22 | $198,590 |
| 2008 | $3,156.83 | $198,400 |
| 2007 | $3,338.71 | $192,630 |
| 2006 | $3,553.12 | $187,940 |
| 2005 | $0 | $182,470 |
| 2004 | $3,705.37 | $177,160 |
| 2003 | $3,689.63 | $173,860 |
| 2002 | $3,664.62 | $169,790 |
| 2001 | $3,574.35 | $167,120 |
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