$1,225,000
$1,290,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
23 NE 19th Ave Pompano Beach, FL 33060
3,517 SqFt
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,517 sqft
Price per Sqft $348
Subdivision Pinehurst
MLS Listing ID A11522784
Style Fourplex
Year Built 1957
Annual Tax Amount $16,736
Tax Year 2023
Property Description
Subject property is a 7 unit apartment building with active hotel license, 3 one bedroom and 4 studios , currently no vacancies ! units rented annually with $109,000 annual gross income , NOI 6.1% , 3 buildings totaling 3,517 sf on approximately 13,700 sf lot, roof is 3 years old and recently upgraded electrical and updated panels in all units . this property has potential for future redevelopment , zoning allows up 20 units , 60 ft high or it can be operated as hotel /rbnb . centrally located near Atlantic and us1 , short distance to pompano beach , sopping ,restaurants and entertainment . financials available upon request . DRIVE BY ONLY ! DO NOT DISTURB TENANTS!
Location
State FL
County Broward County
Community Pinehurst
Area 3332
Interior
Heating Electric
Cooling Electric, Other, Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Public Sewer
Structure Type Brick,Block
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Compass Florida, LLC