Listed by Keller Williams Miami Eagle Realty
$1,549,000
FLORENCE VILLAS
Details
APN 484330200130
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 4,334
Units 8
Cap Rate 5.43%
NOI $84,061
Occupancy 100%
Pro-Forma Cap Rate 6.96%
Pro-Forma NOI $107,837
Broker Co-Op Yes
Year Built 1966
Buildings 1
Stories 2
Lot Size (SqFt) 7,291
Zoning RM-20
Parking Spaces 8 spaces
Parking Per SqFt 1.85
Multifamily | 6 Units | $258,166/unit
Marketing description
***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.
Investment highlights
- Prime location on the east side of US-1, just minutes to the beach, FLL Airport and the pier
- Two-story, concrete block, updated six-unit property
- Turn-key, fully leased asset offering immediate and consistent cash flow. At full occupancy
- Featuring four 1BD/1BA units and two 2BD/1BA units, ideally located on a desirable cul-de-sac.
Listing Contacts
Listed by Keller Williams Miami Eagle Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,061.00
$7,005.08/mo
Valuation Metrics
0
DSCR
5.43%
Cap Rate
5.43%
ROI
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