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491 North Ocean Boulevard

Single Family Home In Pompano Beach Under Contract At $4,950,000 With Brokers Jonathan Bigelman Ivan Ramirez And Monica Sarmiento
UNDERCONTRACSingle Family Residence

Single Family Home In Pompano Beach Under Contract At $4,950,000 With Brokers Jonathan Bigelman Ivan Ramirez And Monica Sarmiento

491 North Ocean Boulevard

$4,950,000

$1,410/SF

Building Size

3,509 SF

Asset Type

Single Family Residence

Closing

Dec 30, 2026

AI

The property asset involved in this transaction is a single-family home located at 491 North Ocean Boulevard in Pompano Beach. The sale price of the asset is $4,950,000, with a total square footage of 3,509 and a price per square foot of $1,410.

Summary of transaction details:

The brokers representing the transaction are Jonathan Bigelman from BE Luxury Group, and Ivan Ramirez along with Monica Sarmiento from RS Team at One Sotheby's International Realty. The deal reflects an ongoing trend in Pompano Beach's real estate market, as noted by the broker's indication of additional properties being under contract in the area, further highlighting activity in oceanfront new construction.

Players

Monica Sarmiento

Sotheby's International Realty

Broker

$8.9M

vol

2 deals

Broker

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Undercontract transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.20%

Cash-on-Cash

-0.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93