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715 NW 5th Ave
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2
Home61's Closings in
Pompano Beach
Amenities
Key features
Living area
2,731 sqft
Maintenance
$ 0
Tax
$7,573 (2021)
Tenant Occupied
No
Parking Space
4
Floor #
0 / 2
Building
PINEWOOD HEIGHTS
On market
694 days
$ /sqft
$ 302
Type
apartment
Unit
-
Year Built
1961
Zip Code
33060
Ref./MLS ID
A11212454
DESCRIPTION
Opportunity zone newly renovated cash-flowing investment property. Four 2/1 units fully renovated with year leases. 8% cap rate. See accurate financials below. Featuring all new central acs, updated electrical, impact windows (last ones currently being installed) and impact doors, replaced old cast iron piping with new pvc, installed new copper water piping, replaced wood beam rafters and structural sub-flooring for the second level. Interiors upgraded as well with new kitchens, bathrooms, etc. Gross annual income: $85,200
noi: $70,126
monthly rents are:
#1 $1,600
#2 $1,800
#3 $1,600
#4 $1,800
annual expenses:
taxes - $7,573
insurance - $4,741
water and sewer - $2,760
brand new coin operated washer and dryers are generating an extra $300 positive cash flow per month.
Data is provided by Miami Board of Realtors.
Public transportation
Deerfield Beach
36 mins
Pompano Beach
36 mins
Cypress Creek
43 mins
Fort Lauderdale
43 mins
Nearby School In Pompano Beach
Data Provided by greatschools.org
Neighborhood
Pompano Beach
- Pompano Beach
Listed on May 26, 2022 by Trevor Talbot from Atlas Investment R.E., Inc., this apartment is for sale. apartment for sale in Pompano Beach listed at $825,000, Reference A11212454
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.