Bought with EXP Realty LLC
$1,475,000
$1,450,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
10 Baths
0.3 Acres Lot
SOLD DATE : 03/04/2022
Key Details
Sold Price $1,475,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RX-10763067
Sold Date 03/04/22
Year Built 1980
Annual Tax Amount $19,705
Tax Year 2020
Lot Size 0.300 Acres
Property Sub-Type MultiFamily (5+ Units)
Property Description
PRO-FORMA CAP RATE IF RUN AS AIRBNB. CURRENTLY RUN AS REHAB FACILITY. Amazingly located five unit multifamily apartment complex, minutes from the beach and Pompano Fishing Village dining and recreation destination. Currently being run as a rehab business, this property is a prime location for an Airbnb. Units are oversized. Many of the kitchens are upgraded, bathrooms are modestly upgraded some with new vanities. All units have central air, most of the windows are impact and the roof was replaced in December 2016. The three bedroom is an owner's suite with a private patio and elevator (elevator may need servicing). At $239 per sq. ft., this property is priced below replacement cost.
Location
State FL
County Broward
Area 3233
Zoning TO-EOD
Interior
Heating Central
Cooling Central Individual
Flooring Ceramic Tile, Other
Fireplaces Type Smoke Detector
Exterior
Utilities Available 1-100 Amp, Cable, Electric, Public Water
Roof Type Barrel
Building
Story 100.00
Foundation CBS
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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