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31753032
31753030

2051 NE 25th Ave, Pompano Beach, FL 33062

SC
FL 3572243
$799,000
47 days on market
Updated 21 days ago

CONNOR ESTATES

Details
APN 484330000182
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Square Footage 2,483
Units 4
Year Built 1965
Zoning RD-1
Parking Spaces 6 spaces
Parking Per SqFt 2.42

Multifamily | 4 Units

Marketing description

Investor Opportunity East of Federal Hwy - Located just 5 minutes to the beach and approx. 7 minutes to Old Town Pompano, an area experiencing significant redevelopment with new restaurants, retail, and mixed-use projects. Conveniently close to Pompano City Mall, shopping, dining, and entertainment. Turnkey investment opportunity in one of South Florida’s fastest-growing markets. The property is currently generating $5,950/month in rental income, inclusive of utilities, with all units occupied. Current leases run through October/November, with one studio operating on a month-to-month basis, providing some flexibility for a future owner. Each of the two existing 1-bed/1-bath units features in-unit washer/dryers, private patios, and separate backyard spaces, which helps support strong rental demand, particularly to tenants with pets. One of the more attractive aspects of the property is the future upside and reconfiguration potential. By enclosing the existing carport spaces, a Buyer could convert the property into four true 1-bedroom/1-bath units, significantly increasing rental appeal and long-term income potential. Another option could be re-configuring the layout into two larger 2-bed/2-bath residences. Overall, it presents a strong opportunity for an investor looking for immediate cash flow with additional upside through improvements and repositioning. Showings will be granted upon submission of a written, signed “As-Is” contract along with proof of funds or pre-approval.
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Listing Contacts

SC
FL 3572243

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Additional Information

Name
Sam Caf
License
3572243
Brokerage Phone
9544822430
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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