Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bathrooms: | 4 |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,250,000
Annual Taxes:$14,886
Listing Courtesy of Lang Realty/BR
Rare value add beachside multifamily opportunity just steps from the ocean in Pompano Beach.
Description
Rare value-add beachside multifamily opportunity just steps from the ocean in Pompano Beach. Legally a 4-unit property with four electric meters but currently configured as five income-producing units. The original 3BR/2BA unit has been thoughtfully split into two 1BR/1BA units and can easily be restored to its original layout if desired. Includes an oversized studio that could convert to a true 1BR with the addition of a wall. Property is underperforming due to several long-term tenants below market rents, offering significant upside. One seasonal unit already demonstrates strong income potential. Ideal for investors seeking rent growth, repositioning potential, or short-term rental strategies such as Airbnb. Buyer to verify future use with the city.
Amenities
- Blinds
- Cable - Available
- Garden
- Picnic Area
- Sewer Available
- Water Available
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
