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    616 NW 5th Ave

    Pompano Beach, FL 33060
    • $1,449,000
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: F10268718
    $1,449,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    This great opportunity to own two 6 plexes across from one another in Pompano's Opportunity Zone. Both of these buildings are included in the sale and can only be purchased together. The listings are F102687702 & F10268718. These buildings have been substantially remodeled and are professionally managed with long term tenants. These tenants are paid up to date and all records can be provided. The buildings feature new kitchens, tile floors through out, baseboards, (8) new central AC units, (2) new wall units, updated electrical, plumbing, new toilets and vanities, tubs reglazed. All of the exteriors have been repainted and new doors installed. The buildings are cash flow positive delivering over a 6% Return annually. Also, there is room to increase the rents and increase the cash flow.

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    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2021 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2021-02-24T20:18:31.427.
    www.ewm.com/homes/113704280
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    616 NW 5th Ave Pompano Beach, FL 33060

    • Price: $1,449,000
    • Status: Active
    • MLS #: F10268718
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    Neighborhood:
    Pinewood Heights 23-23 B
    County:
    Broward
    Area:
    3423
    Property Description
    This great opportunity to own two 6 plexes across from one another in Pompano's Opportunity Zone. Both of these buildings are included in the sale and can only be purchased together. The listings are F102687702 & F10268718. These buildings have been substantially remodeled and are professionally managed with long term tenants. These tenants are paid up to date and all records can be provided. The buildings feature new kitchens, tile floors through out, baseboards, (8) new central AC units, (2) new wall units, updated electrical, plumbing, new toilets and vanities, tubs reglazed. All of the exteriors have been repainted and new doors installed. The buildings are cash flow positive delivering over a 6% Return annually. Also, there is room to increase the rents and increase the cash flow.
    Exterior Features

    Approximate Lot Size 10343 Location County LocationInside Lot Lot Description 1-2.5 Acres Style Of Property Unimproved Multi Family (5+Units) Surface Description Paved Road Type Of Property Income/Multi-Family Waterfront Property YN No

    Property Features

    Available Documents Aerial PhotoCopies Of Lease(S) Environmental Audit None Geographic Area N Broward Dixie Hwy To Turnpike (3411-3432;3531) Miscellaneous Information Street Lights On Site Utilities Cable TvElectricGasIrrigation WaterSewerWater Possession Information Funding Property Sq Ft 10343 REO No Sewer Description Public Sanitation Short Sale No Special Information Corporation Owned Property Subdivision Name Pinewood Heights 23-23 B Tax Amount 7674 Tax Year 2020 Terms Considered CashConventional Usage Unimproved Multi Family (5+Units) Utilities Available Cable TvElectricSewerTrash RemovalWater Water Description Municipal Water Zoning Information Rm-12

    Listing provided courtesy of Camelot Property Management &. Listing information © 2021 BeachesMLS


    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2021 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2021-02-24T20:18:31.427.
     
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    Berkshire Hathaway HomeServices EWM Realty
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