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:
- Property Type: Single Family
- Transaction Amount: $4,950,000
- Address: 491 North Ocean Boulevard
- Market: Pompano Beach
- Square Footage: 3,509
- Price Per Square Foot: $1,410
- Broker Representatives: Jonathan Bigelman - BE Luxury Group; Ivan Ramirez & Monica Sarmiento - RS Team - One Sotheby's International Realty
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
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Undercontract transactions
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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