Basic Information

  • MLS # A11783500
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Pinewood Heights
  • Year Built 1961
  • Total Sqft 2,731
  • Date Listed 04/14/2025
  • Days on Market 33
Description

Income-Producing Fourplex in Central Pompano Beach – 5.3% Cap Rate This remodeled fourplex offers a strong investment opportunity in the heart of Pompano Beach. All four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. Each unit is separately metered for electricity, minimizing landlord expenses.The building has undergone a complete renovation, including installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. Water expenses paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:5.3% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 2,731Sq.Ft
  • Sqft 2,731 Sq.Ft

Property Features

  • Aprox. Lot Size 2,731
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Pinewood Heights
  • Tax Amount $15,918
  • Tax Year 2024

715 NW 5th Ave

Pompano Beach, FL 33060

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Lopez & Hurst Realty, Inc.. tel: 305-814-7631

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