321 SE 1st Ave - Multi-Family FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$699,900 USD
954-234-7653
321 SE 1st Ave, Pompano Beach, FL for Sale
$699,900 USD
Multi-Family - FOR SALE
1/45
null | Request Cap Rate


HIGHLIGHTS

  • Spacious Units
  • Located Near The Beach
  • Potential Gross Income $51,600

OVERVIEW

Outstanding Investment Opportunity In The Heart Of Pompano Beach! This Spacious, Updated Duplex Is Just Minutes To Sandy Beaches And Shopping. Features Include A Newer Roof, Hurricane Impact Windows And Doors, A New PVC Sewer Line, And Updated Central A/C System. The First Unit Offers A Generous 2-Bedroom, 1-Bathroom Layout, While The Second Unit Features A Large 1-Bedroom, 1-Bathroom. Both Units Are Equipped With Stackable Washers And Dryers And Have Separate Electric Meters. Currently Generating An Annual Gross Income Of $39,000, With A Potential To Increase To Over $50,000 Plus! Annual Expenses Include Taxes Of $8,561, Lawn Maintenance At $720, Insurance Costs Of $6,500, And Water And Trash $1,800. Great For First Time Investors Or Seasoned Pros!

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$381 USD /SF

# OF UNITS

2

PRICE/UNIT

$349,950

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pompano Beach Duplex Near The Beach

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,101 SF

ZONING

RD-1

APN/PARCEL ID

49-42-01-25-0050

ASK ABOUT THIS PROPERTY

Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

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Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.