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$6,125,000
Est. payment /mo
15,265 SqFt
UPDATED:
11/26/2024 08:04 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,265 sqft
Price per Sqft $401
MLS Listing ID A11658081
HOA Y/N No
Year Built 1965
Annual Tax Amount $44,898
Lot Size 0.289 Acres
Property Description
Great opportunity to reposition a mid rise building in the booming Pompano Beach market. Location is AAA. 1 block East of Intercoastal and 2 blocks west of the beach. Rare 4 floor building. Building could not be replaced under current zoning code. Adjacent lot new townhome construction $2.5million+. Ritz Carlton development 1/2 mile away. 2 block walk to beach access. Building has new roof, new windows, new elevator. High demand area for both short and mid term rentals. Current ownership 23 years and in place rents significantly below market. Building has 14 FPL meters and 1 house meter. Billions of dollars of high end development in the immediate area.
Location
State FL
County Broward
Area 3121
Building
Story 4
Structure Type Block
Others
Tax ID 494306120080
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Listed by Union Street Partners, LLC
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