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MAY 1, 2008 9:47AM

Finance manager sells Pompano Beach 3BD for $520K

by Elizabeth Pratt, BlockShopper Staff
1000 SE 5th Avenue (water view)
1000 SE 5th Avenue (water view)
1000 SE 5th Avenue (kitchen)
1000 SE 5th Avenue (kitchen)
Patrick Burns bought a three-bedroom, three bath at 1000 SE 5th Avenue in Pompano Beach for $520,000 from Peter Del Sontro and his wife, Diana Alvarez, on April 10.

Del Sontro paid $440,000 for the property in July 2003.

The 1,682 square foot home, which was built in 1961, was listed for as high as $695,000. It is located in the Cypress Harbor community.

Del Sontro is currently a branch manager at Countrywide Financial. In 2000, Del Sontro joined Homes.com as vice president. Prior to this, he was regional vice president for Coldwell Banker's south central region. In 1999, he was named their top new franchise sales director.

He attended Rowan University in New Jersey.

Home sales in Pompano Beach dropped 21 percent in 2007. The median sales price stayed at $215,000.

Address: Single Family1000 SE 5th Avenue
Buyer(s): Patrick Burns
Seller(s): Peter Delsontro and Diana Alvarez
Sale date: 2008-04-10

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