Property Details
| Asking Price | $4,750,000 |
|---|---|
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | $63,687 2025 |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1958 |
| Lot Size | 0.42 acres |
| MLS # | B26057380 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
20 Unit Multifamily Investment, East of Federal Hwy in Pompano Beach. Stabilized apartment community on two contiguous parcels totaling 18,112 SF, minutes to the beach and Intracoastal, without the added price tag of being on the barrier island. CBS construction, offering 11,16 SF across two buildings with 18 one bedroom and 2 two bedroom units. In place rents that are a bit below market, offering upside through lease renewals which can be increased through value add updating. Zoned RM-20, the site benefits from low submarket vacancy and steady rent growth, plus proximity to the downtown core redevelopment, and new luxury beachfront hotels driving workforce housing demand. It's rare to find an offering of this many units in one building in this supply constrained coastal submarket.
Listed by Nicklaus Vance
Sales History for This Home · 2275 NE 12TH Street, Pompano Beach, FL 33062
Sales history is unavailable for this property
Listed by Nicklaus Vance. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Pompano Beach and throughout South Florida.
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Location
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