Investor’s dream. 4 units each 1bed 1 bath. Fully rented to excellent tenants, yearly leases with Security Deposits. Tenants pay for electric and internet. New high impact windows. Washer Dryer lease. 4 tandem parking spaces. Gross rent $74,700 yr. Owner’s e

Pompano Beach

$850,000 USD
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AddressPompano Beach
Building NameOCEAN DRIVE ESTATES
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$850,000
Property StatusActive
MLS NumberA11788236
Living Area2400
Year Built1971
Parking Space Number4
Folio Number494201031200
Gross Rent Income$74,700
Net Operating Income$58,000
Zoning InformationRM-20
Days on Market168

Detailed Description: Investor’s dream. 4 units each 1bed 1 bath. Fully rented to excellent tenants, yearly leases with Security Deposits. Tenants pay for electric and internet. New high impact windows. Washer Dryer lease. 4 tandem parking spaces. Gross rent $74,700 yr. Owner’s expenses: water $3840, lawn $600, real estate taxes 2024 $10955.52. Located a few blocks away from the prestigious KOI Residences and Marina, a mere 1.6 miles from the beach, close proximity to parks, golf courses, shopping, dining and entertainment. Tons of recent and up and coming redevelopments in the area. Please do not disturb tenants. Roof 2003.

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Address Information
StateFlorida
CityPompano Beach
CountyBroward County
Zip Code33060
Zip Code (4 Digits)7369
Financial Information
Price$850,000
Price per Foot$0
Folio Number494201031200
Gross Rent Income$74,700
Net Operating Income$58,000
Tax Amount$10,956
Tax Year2024
Lender ApprovalUnapproved
Full Descriptions
Detailed DescriptionInvestor’s dream. 4 units each 1bed 1 bath. Fully rented to excellent tenants, yearly leases with Security Deposits. Tenants pay for electric and internet. New high impact windows. Washer Dryer lease. 4 tandem parking spaces. Gross rent $74,700 yr. Owner’s expenses: water $3840, lawn $600, real estate taxes 2024 $10955.52. Located a few blocks away from the prestigious KOI Residences and Marina, a mere 1.6 miles from the beach, close proximity to parks, golf courses, shopping, dining and entertainment. Tons of recent and up and coming redevelopments in the area. Please do not disturb tenants. Roof 2003.
Roof DescriptionShingle
Floor DescriptionTile
Cooling DescriptionWall / Window Unit (s)
Heating DescriptionOther
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area2400
Zoning InformationRM-20
Year Built1971
Type of PropertyQuadruplex
StyleQuadruplex
Building NameOCEAN DRIVE ESTATES
Development NameOCEAN DRIVE ESTATES
Construction TypeConcrete Block Construction
Stories Number1.000
Parking Space Number4
Listed withValcorp Group