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2
Home61's Closings in
Pompano Beach
Amenities
Key features
Living area
2,327 sqft
Maintenance
$ 0
Tax
$8,797 (2023)
Tenant Occupied
No
Parking Space
5
Floor #
0 / 1
Building
OCEAN DRIVE ESTATES
On market
26 days
$ /sqft
$ 300
Type
apartment
Unit
-
Year Built
1970
Zip Code
33060
Ref./MLS ID
A11635028
DESCRIPTION
Attention investors and owner-users! prime investment opportunity with a well-maintained triplex in pompano beach. This 2,327 sq. Ft. Property on a 6,001 sq. Ft. Lot features three 2-bedroom, 1-bathroom units. Located near atlantic blvd. , it offers easy access to shopping, dining, and entertainment. The neighborhood is rapidly redeveloping, boosting its investment potential with an actual noi of $22,041 and a projected noi of $39,480. With an actual cap rate of 3. 15 % and a projected cap rate of 5. 65%, this property is zoned rd-1 and has been extensively improved since 2012. The area has strong demographics, with a population of 17,068 and an average household income of $85,373 within a 1-mile radius, ensuring reliable tenant demand and rental rates.
Data is provided by Miami Board of Realtors.
Public transportation
Cypress Creek
46 mins
Fort Lauderdale
46 mins
Deerfield Beach
48 mins
Pompano Beach
48 mins
Nearby School In Pompano Beach
Data Provided by greatschools.org
Neighborhood
Pompano Beach
- Pompano Beach
Listed on August 06, 2024 by William Murphey from Magna Realty, this apartment is for sale. apartment for sale in Pompano Beach listed at $699,000, Reference A11635028
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.