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2051 NE 25th Ave, Pompano Beach, FL 33062

$799,000 Beds Baths2,483 Sq. Ft.$322 / sq. ft.

Pompano Beach, FL 33062 · CONNOR ESTATES

Status
Active
Type
Quadruplex
Year Built
1965
Days on Market
72
MLS #
A12002958

About This Home

Multifamily Investor Opportunity East of Federal Hwy - BACK ON THE MARKET!! CASH ONLY / Seller would be open to Seller Financing will the right terms. Located just 5 minutes to the beach and approx. 7 minutes to Old Town Pompano, an area experiencing significant redevelopment with new restaurants, retail, and mixed-use projects. Conveniently close to Pompano City Mall, shopping, dining, and entertainment. Turnkey investment opportunity in one of South Florida’s fastest-growing markets. The property is currently generating $5,950/month in rental income, inclusive of utilities, with all units occupied. Current leases run through October/November. Each of the two existing 1-bed/1-bath units features in-unit washer/dryers, private patios, and separate backyard spaces, which helps support strong rental demand, particularly to tenants with pets. One of the more attractive aspects of the property is the future upside and reconfiguration potential. By enclosing the existing carport spaces, a Buyer could convert the property into four true 1-bedroom/1-bath units, significantly increasing rental appeal and long-term income potential. Another option could be re-configuring the layout into two larger 2-bed/2-bath residences. Overall, it presents a strong opportunity for an investor looking for immediate cash flow with additional upside through improvements and repositioning. Showings will be granted upon submission of a written, signed “As-Is” contract.

Property Details

Flooring
Tile
Heating
Central, Electric, Window/Wall
Cooling
Ceiling Fan(s), Central Air, Other, Wall/Window Unit(s)
Architectural Style
Attached

Building & Association

Building Name
CONNOR ESTATES
Stories
1
Stories Total
1
Association
No

Lot & Construction

Lot Features
Less Than 1/4 Acre Lot
Lot Size Square Feet
0
Waterfront
No
View
No
Construction Materials
Concrete Block Construction
Roof
Shingle
New Construction
No

Public Records

Parcel Number
484330000182
Tax Annual Amount
$13,396
Tax Year
2,025
Zoning
RD-1
County Or Parish
Broward County

Location

Courtesy of The Jarvis Group Inc

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