231 SOUTH WEST 15TH ST #8, Pompano Beach
$1,870,000 USD
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| Address | 231 SOUTH WEST 15TH ST #8, Pompano Beach |
| Building Name | LYONS PARK FIRST ADD |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $1,870,000 |
| Previous Price | $1,895,000 (1 days ago) |
| Property Status | Active |
| MLS Number | A11755588 |
| Year Built | 1959 |
| Parking Space Number | 12 |
| Folio Number | 494202142490 |
| Gross Rent Income | $168,000 |
| Net Operating Income | $116,220 |
| Zoning Information | RM-20 |
| Days on Market | 206 |
Detailed Description: GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY (plus a small office room for short term renters) IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W / FENCED IN POOL, Two 2/1’s and Six 1/1’s with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc. Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Property under 24/7 security camera. Income 168,600.00, Cap Rate: 6.01%, NOI: $113,825.71. Don’t miss this opportunity! Offering memorandum available on request.
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Address Information
| State | Florida |
| City | Pompano Beach |
| County | Broward County |
| Zip Code | 33060 |
| Address | 231 SOUTH WEST 15TH ST |
| Zip Code (4 Digits) | 8624 |
Financial Information
| Price | $1,870,000 |
| Price per Foot | $0 |
| Previous Price | $1,895,000 |
| Folio Number | 494202142490 |
| Gross Rent Income | $168,000 |
| Net Operating Income | $116,220 |
| Association Fee Paid | Monthly |
| Tax Amount | $24,015 |
| Tax Year | 2024 |
Full Descriptions
| Detailed Description | GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY (plus a small office room for short term renters) IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W / FENCED IN POOL, Two 2/1’s and Six 1/1’s with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc. Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Property under 24/7 security camera. Income 168,600.00, Cap Rate: 6.01%, NOI: $113,825.71. Don’t miss this opportunity! Offering memorandum available on request. |
| How to Reach | I95 TO EXIT 36A – ATLANTIC BLVD EAST. TURN RIGHT ON S CYPRESS RD ~ 2. 8 MILES. RIGHT AT E MCNAB RD ARRIVE AT DESTINATION ON THE RIGHT. OR — I95 TO 33A – NE 62ND ST (CYPRESS CREEK) MAKE A LEFT ONTO NE 18TH AVE, LEFT ONTO E MCNAB RD |
| Roof Description | Shingle |
| Floor Description | Other |
| Pool Description | Concrete |
| Cooling Description | Central Air |
| Heating Description | Central, Electric |
| Sewer Description | Public Sewer |
Property parameters
| Zoning Information | RM-20 |
| Year Built | 1959 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | LYONS PARK FIRST ADD |
| Development Name | LYONS PARK FIRST ADD |
| Construction Type | Concrete Block Construction |
| Stories Number | 1.000 |
| Street Direction | South West |
| Parking Space Number | 12 |
| Listed with | Beachfront Realty Inc |