For SaleGood Deal0 days on market
405 N Ocean Blvd APT 615
405 N Ocean Blvd APT 615, Pompano Beach, FL 33062, Pompano Beach, FL 33062
$270,000
Estimate®:$273,900$3,900 Under Market
Listing Price
405 N Ocean Blvd APT 615, Pompano Beach, FL 33062
Loc: Pompano Beach, FL
Days Listed
0
Tax Assessed
$284k
Estimate®
$274k
1% Under Valued
Rent Estimate
$2,555/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.
4
Pompano Beach Elementary School
PK-5
1.2 mi away
5
Pompano Beach Middle School
6-8
2 mi away
4
Blanche Ely High School
9-12
2.7 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
high-risecondominiummodernbalconiesstuccoresidentialmulti-storylandscapedpalmsurbansymmetricalcommercial-styleconcrete
Haven AI Verdict
Recommendation
Good
Confidence Score: 6/10
Exercise caution due to potential market volatility.
Cap Rate
7.04%
Total ROI
112.0%
Cash Flow
$184/mo
DSCR
1.13
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $184/mo net cash flow with a 7.0% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.0%)
- • 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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $270,000 | $303 |
| 2019-12-30 | Sold | $198,000 | $222 |
| 2019-12-10 | Pending sale | $199,900 | $225 |
| 2019-11-06 | Price change | $199,900 | $225 |
| 2019-10-12 | Price change | $199,000 | $224 |
| 2019-05-11 | Price change | $209,000 | $235 |
| 2019-04-11 | Price change | $209,500 | $235 |
| 2019-04-01 | Price change | $219,900 | $247 |
| 2019-02-27 | Price change | $224,500 | $252 |
| 2019-02-08 | Listed for sale | $233,500 | $262 |
| 2015-02-26 | Listing removed | $1,375 | $2 |
| 2015-01-28 | Listed for rent | $1,375 | $2 |
| 2013-02-18 | Listing removed | $1,300 | $1 |
| 2013-02-04 | Listed for rent | $1,300 | $1 |
| 2010-08-03 | Sold | $86,000 | $97 |
| 2010-07-10 | Price change | $94,900 | $107 |
| 2010-06-19 | Listed for sale | $99,999 | $112 |
| 2010-06-01 | Sold | $300 | – |
| 2010-05-30 | Listed for sale | $106,500 | $120 |
| 2006-06-28 | Sold | $310,000 | $348 |
| 2003-10-23 | Sold | $141,000 | $158 |
| 2000-07-28 | Sold | $68,000 | $76 |
| 1993-11-01 | Sold | $58,000 | $65 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,004.05 | $273,300 |
| 2024 | $5,490.39 | $248,460 |
| 2023 | $5,197.71 | $225,880 |
| 2022 | $4,505.52 | $205,350 |
| 2021 | $4,076.69 | $186,690 |
| 2020 | $3,830.64 | $177,740 |
| 2019 | $3,998.71 | $184,310 |
| 2018 | $3,998.71 | $195,710 |
| 2017 | $3,768.17 | $152,330 |
| 2016 | $3,269 | $138,490 |
| 2015 | $3,152.64 | $125,900 |
| 2014 | $2,749.12 | $114,460 |
| 2013 | $2,749.12 | $120,240 |
| 2012 | $2,310.19 | $116,880 |
| 2011 | $1,924.27 | $86,000 |
| 2010 | $2,550.61 | $115,180 |
| 2009 | $2,818.82 | $132,990 |
| 2008 | $3,694.33 | $185,440 |
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