1211 NE 23rd Ave - Apartments FOR SALE


Pompano Beach, FL 33062- Outer Pompano Beach/Deerfield Beach
$1,549,000 USD
561-618-5088
1211 NE 23rd Ave, Pompano Beach, FL for Sale
$1,549,000 USD
Apartments - FOR SALE
1/12
null | 5.43% Cap Rate

1211 NE 23rd Ave
Pompano Beach, FL 33062
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • Prime location on the east side of US-1, just minutes to the beach, FLL Airport and the pier
  • Turn-key, fully leased asset offering immediate and consistent cash flow. At full occupancy.
  • Two-story, concrete block, updated six-unit property
  • Featuring four 1BD/1BA units and two 2BD/1BA units, ideally located on a desirable cul-de-sac.

OVERVIEW

***PRICE REDUCED*** Fantastic opportunity to own this income-producing 6-unit multifamily property in the heart of Broward County. This well-maintained building offers strong rental potential and consistent cash flow. Perfect for investors seeking long-term growth and solid returns. It features two 2BR/1BA and four 1BR/1BA units. Prime location within walking distance to major plazas, shopping, dining and transportation. Just a short 4-minute drive to the beach! Don't miss this rare opportunity to own a stabilized, updated investment property in one of Pompano Beach's most desirable high-demand areas.

FOR SALE DETAILS

PRICE

$1,549,000 USD

PRICE/SF

$357 USD /SF

# OF UNITS

6

PRICE/UNIT

$258,167

CAP RATE

5.43%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,130 SF

ZONING

RM-20

APN/PARCEL ID

48-43-30-20-0130

ASK ABOUT THIS PROPERTY

Ceyda Huri HergulKeller Williams Eagle RealtyMore Info
561-618-5088

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Ceyda Huri HergulKeller Williams Eagle RealtyMore Info
561-618-5088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.