Pinewood Heights Fourplex For Sale
715 Nw 5th Ave, Pompano Beach, FL 33060

$1,089,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11783500
  • Virtual Tour: YES
  • List Price: $1,089,000
  • Living Area: 2731 Ft² / 254 M²
  • Price Per Foot/Meter: $399 / $4,292
  • Taxes:$15,918
  • Year Built:1961
  • Listing Date:April 14, 2025
  • Days On Market:89

Description


Income-Producing Fourplex in Central Pompano Beach – 5.3% Cap Rate This remodeled fourplex offers a strong investment opportunity in the heart of Pompano Beach. All four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. Each unit is separately metered for electricity, minimizing landlord expenses.The building has undergone a complete renovation, including installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. Water expenses paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:5.3% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.

Features


  • Floor:Laminate
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker