2051 NE 25th Avenue, Pompano Beach, Florida 33062 USA

About this Property

Multifamily Investor Opportunity East of Federal Hwy - BACK ON THE MARKET!! CASH ONLY / Seller would be open to Seller Financing will the right terms. 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. 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.

Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of The Jarvis Group Inc.