4091 W Palm Aire Dr - Apartments FOR SALE


Pompano Beach, FL 33069- Palm Aire
$26,950,000 USD
786-991-6115
4091 W Palm Aire Dr, Pompano Beach, FL for Sale
$26,950,000 USD
Apartments - FOR SALE
1/18
null | 4.81% Cap Rate

4091 W Palm Aire Dr
Pompano Beach, FL 33069
Palm Aire


OVERVIEW

**The Prestige at Palm Aire – 39 Luxury Townhomes (2023 Construction) Prime Palm Aire Golf Course Fully Leased STR Allowed Rare A+ Asset** Price: $26,950,000(can be qualified for bonus depreciation) Property Type: Class A+ 2023 Construction Townhome Community Units: 39 Location: Palm Aire Golf Course, Pompano Beach, FL Investment Highlights 2023 Construction | Class A+ Townhome Community Modern architecture, premium finishes, high-end design. Extremely low maintenance. Fully Leased & Stabilized Immediate cash flow with proven demand in one of Pompano’s strongest rental corridors. STR & Long-Term Allowed Flexible operations perfect for an investor seeking 5%+ returns or a mix of STR + long-term to maximize NOI. No Competition The ONLY townhome community of this size offered for rent in the area. Extremely high demand, zero local supply. HOA Docs Finalizing Rare Condo Conversion Upside New buyer can sell units individually in the future, creating enormous resale profit potential. Exit cap becomes irrelevant — sell 39 units retail. Perfect for 1031 Buyers Safe asset, high return, Class-A construction, and optional STR income make this a premium replacement property. Unmatched Location – On the Palm Aire Golf Course Directly on greenspace. Extremely desirable for tenants, snowbirds, golfers, and executives. $2B+ “The Pomp” Mega Project 1 Mile Away A transformational mixed-use development already under construction. Will boost local economy, increase rents, add retail, restaurants, and drastically increase property values. Pompano Beach Growth Story One of South Florida’s fastest-growing cities with major public & private investment, rising rents, strong demographics, and sustained appreciation. Summary Prestige at Palm Aire is a trophy-level, Class A+ new construction townhome community in one of the strongest submarkets of Pompano Beach. With full occupancy, STR permissions, no competition, and Individual sale upside(HOA), this is a rare low-risk, high-yield opportunity ideal for 1031 buyers and private investors seeking long-term stability with immediate rental income and massive future upside. For More Information Text To Schedule a Call Inbal Ruiz – 786.991.6115

FOR SALE DETAILS

PRICE

$26,950,000 USD

PRICE/SF

$141 USD /SF

# OF UNITS

39

PRICE/UNIT

$691,026

CAP RATE

4.81%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Prestige at Palm Aire

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.38 AC

LAND SF

190,697 SF

ZONING

RM-45

APN/PARCEL ID

49-42-05-15-0010

ASK ABOUT THIS PROPERTY

Inbal RuizINBAL RUIZ PAMore Info
786-991-6115

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

Inbal RuizINBAL RUIZ PAMore Info
786-991-6115

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