La description est affichée dans la langue d'origine.
Multifamily Investor Opportunity East of Federal Hwy - BACK ON THE MARKET! Seller financing may be considered with the right terms. Located 5 minutes from the beach & 7 minutes from Old Town Pompano, an area experiencing significant redevelopment.
Fully occupied, the property generates approximately $5,950/month, including utilities, & provides the seller with approximately $35,00
Multifamily Investor Opportunity East of Federal Hwy - BACK ON THE MARKET! Seller financing may be considered with the right terms. Located 5 minutes from the beach & 7 minutes from Old Town Pompano, an area experiencing significant redevelopment.
Fully occupied, the property generates approximately $5,950/month, including utilities, & provides the seller with approximately $35,000 in annual net income after taxes, insurance & expenses. The two existing 1-bedroom/1-bath units feature in-unit washer/dryers, private patios & separate backyards. I personally placed 3 of the 4 tenants & can attest they have been excellent residents. Leases run through October & November, with one unit month-to-month, offering flexibility for a buyer’s plans. All tenants would like to remain.
Value-add potential includes enclosing the existing carports to possibly create four true 1-bedroom/1-bath units or two larger 3-bedroom/2-bath residences, subject to required approvals.
Recent improvements include a new roof completed in early 2026, PVC plumbing beneath the building & major City infrastructure upgrades, including water mains, utilities & roadway restoration.
The aerial highlights 2051 in red at the top right & the December $775,000 multifamily comparable with a blue pin at the bottom right. 2051 is nearly twice its size. The comparable lacked backyards & carports and had considerably lower ceilings.
Comparable: 1801 NE 25th Avenue, Units 1–3, Pompano Beach, FL 33062
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
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