Property Description

Subject property is a 7 unit apartment building with active hotel license, 3 one bedroom and 4 studios , currently no vacancies ! units rented annually with $109,000 annual gross income , NOI 6.1% , 3 buildings totaling 3,517 sf on approximately 13,700 sf lot, roof is 3 years old and recently upgraded electrical and updated panels in all units . this property has potential for future redevelopment , zoning allows up 20 units , 60 ft high or it can be operated as hotel /rbnb . centrally located near Atlantic and us1 , short distance to pompano beach , sopping ,restaurants and entertainment . financials available upon request . DRIVE BY ONLY ! DO NOT DISTURB TENANTS!

Features
: Electric
: Other, Wallwindowunits, Electric
: 10
: Fourplex
: Shingle
: Publicsewer
Address Map
FL
Broward County
Pompano Beach
33060
23 NE 19th Ave
W81° 53' 41.5''
N26° 13' 58.5''
MLS Addon
Annually
: Block, Brick
30
30
: Tile
1
1
Cash,Conventional,Item1031Exchange
: Item14to12acrelot
484236011420
PINEHURST
$16,736
2023
: Cableavailable
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Residentialincome For Sale

23 NE 19th Ave, Pompano Beach, Florida 33060

3,517 Sqft
$1,290,000
MLS # #A11522784
Basic Details
Property Type : Residentialincome
Listing Type : For Sale
Price : $1,290,000
Square Footage : 3,517 Sqft
Year Built : 1957
MLS # : A11522784
Property Sub Type : Quadruplex
Agent info
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