$4,350,000New
330 Sunset Dr, Pompano Beach, FL 33062
SURFSIDE VILLAS
1 / 12
2275 NE 12TH Street, Pompano Beach, FL 33062
$4,950,000— Beds0 Baths
Pompano Beach, FL 33062
Status
Active
Type
Multi Family
Year Built
1958
Days on Market
37
Lot Size
18,112 sqft
MLS #
B26057380
About This Home
20 Unit Multifamily Investment, East of Federal Hwy in Pompano Beach. Stabilized apartment community on two contiguous parcels totaling 18,112 SF, minutes to the beach and Intracoastal, without the added price tag of being on the barrier island. CBS construction, offering 11,16 SF across two buildings with 18 one bedroom and 2 two bedroom units. In place rents that are a bit below market, offering upside through lease renewals which can be increased through value add updating. Zoned RM-20, the site benefits from low submarket vacancy and steady rent growth, plus proximity to the downtown core redevelopment, and new luxury beachfront hotels driving workforce housing demand. It's rare to find an offering of this many units in one building in this supply constrained coastal submarket.
Property Details
- Flooring
- Tile
- Heating
- Electric, Window/Wall
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Parking Features
- Common
Building & Association
- Stories
- 2
- Stories Total
- 2
- Association
- No
- Security Features
- Smoke Alarm, Smoke Detector(s), Smoke Detector
Lot & Construction
- Lot Features
- 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre
- Lot Size Square Feet
- 18,112
- Waterfront
- No
- View
- No
- Construction Materials
- CBS Construction, Slab Construction
- Roof
- Composition Roll
- New Construction
- No
Public Records
- Parcel Number
- 484330200090
- Tax Annual Amount
- $63,687
- Tax Year
- 2,025
- Zoning
- RM-20
- County Or Parish
- Broward County