25 days on rocket

516 SW 2nd Ct, Pompano Beach, FL, 33060

$562,000

Home List Price

$6,674*

Closing Credit

0 Baths
2,376 SqFt
$237/SqFt
Multi

Location

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516 SW 2nd Ct, Pompano Beach$562,000

Buyer Closing Credits

$6,674*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1972
HeatingCentral, Other
CoolingCentral Air, Other
MLS #A11680796
StatusActive

About 516 SW 2nd Ct

Investment opportunity! This fourplex offers 2 one-bedroom, one-bath units, 1 additional one-bedroom, one-bath unit, and a studio apartment. A shared laundry room adds convenience for tenants. Three units are rented on a month-to-month basis, bringing in $3,500 per month. Perfect for investors looking for steady cash flow with flexible tenant terms. The roof was replaced in 2021. Please do not disturb the tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1972
  • Stories: 1
  • Living Area: 2,376 SqFt

Listing Office:

  • Office Name: Grant and Associates Real Estate INC
  • Office Phone: (754) 701-0275
  • Listing Agent: Latrice Williams

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood

Virtual/3D Tour

  • Virtual Tour: 516 SW 2nd Ct
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Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air, Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $562,000
  • Price Per SqFt: $237/SqFt
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Housing Market Comparison

See how this home compares to others in Pompano Beach, FL.

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Pompano Beach, FL

City

Med. Sold Price

$373K

Med. Price/SqFt

$309

Avg. Days On Market

54

# of Sold Homes

48

516 SW 2nd Ct vs Pompano Beach

25 DAYS ON ROCKET

-29 Days

$562,000

+$189K More

$237/SqFt

-$73 Less

KEY TAKEAWAY

This property is $189K more than the Median Sold Price and $73/SqFt less than other homes in Pompano Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11680796

Listing Office:

  • Office Name: Grant and Associates Real Estate INC
  • Office Phone: (754) 701-0275
  • Listing Agent: Latrice Williams

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,872

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,751

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-551340
4
/10

  • Innovation Charter School

  • 600 SW 3rd St

  • 0.20 miles

  • Public Charter Grades KG-5

school-card-donut-551341
4
/10

  • Cypress Elementary School

  • 851 SW 3rd Ave

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-551342
5
/10

  • Sanders Park Elementary School

  • 800 NW 16th St

  • 1.41 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,587. Residents of Pompano Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Broward County›Pompano Beach›33060›516 SW 2nd Ct

This home is located at 516 SW 2nd Ct in Pompano Beach, FL and zip code 33060 in the Avondale neighborhood. This 2,376 square foot home was built in 1972. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $562,000.

Pompano Beach, FL housing market in October 2024 saw over 6 listings sold above listed price, more than 2 sold at listed price and over 40 sold below. Between September 2024 and October 2024, Pompano Beach, FL real estate market has seen increase in the number of listings by 10%. In October 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $373,000.

From Rocket Homes Real Estate and based on county public records data.

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