3209 NE 7th Pl - Residential Income FOR SALE


Pompano Beach, FL 33062- Outer Pompano Beach/Deerfield Beach
$1,649,000 USD
954-563-6800
3209 NE 7th Pl, Pompano Beach, FL for Sale
$1,649,000 USD
Residential Income - FOR SALE
1/14
null | Request Cap Rate


HIGHLIGHTS

  • Nestled between the Atlantic Ocean & Intracoastal Waterway
  • Less than one block from the ocean
  • Remodeled kitchens, bathrooms, flooring, and impact windows
  • Ideal upside income potential

OVERVIEW

Complete address is 3209-3213 NE 7 Place. Prime beach area location just ½ block from the Ocean to the east and ½ block to the Intracoastal to the west! This garden style 6-unit apartment complex is equipped with a swimming pool and offers two lots. These upgraded apartments feature premium tile flooring with remodeled kitchens and bathrooms. Most units are partially furnished and with some décor are ideally poised to generate significant vacation rental income. Currently the units are rented annually with leases expired and continuing month to month. This is ideal for a new owner to benefit from great income upside. These two side by side triplexes are priced to sell as a package. Also of value is the RM20 zoning with 16,400 SF of land area for future development. Please drive by only and do not disturb residents. Call for private showing appointment.

FOR SALE DETAILS

PRICE

$1,649,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Units with Pool by Ocean

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,451 SF

ZONING

RM-20

APN/PARCEL ID

48-43-31-24-0050,48-43-31-24-0060

ASK ABOUT THIS PROPERTY

Karen Herman, CCIMThe Keyes CompanyMore Info
954-563-6800

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

Karen Herman, CCIMThe Keyes CompanyMore Info
954-563-6800

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