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200 NW 14th Street

Pompano Beach, FL 33060
  • $889,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: RX-11037151
UPDATED: 45 min ago
$889,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,246
    SQFT
  • $274
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1986
County:

School Ratings & Info

Description

INVESTORS! RESIDENTIAL BUILDING WITH FIVE (5) UNITS LOCATED IN POMPANO BEACH, FLORIDA! CONSISTING OF FOUR (4) 2-BEDROOM 1-BATHROOM UNITS (RENTED AT $1,400) AND ONE (1) 1-BEDROOM 1-BATHROOM UNIT (RENTED AT $1,228). NEW HVAC in 2023, CITY WATER AND SEWER, 5 SEPARATE ELECTRIC METERS. BATHROOMS REMODELED IN 2023. OTHER INTERIOR UPGRADES VARY BY UNIT. CURRENTLY RENTED AT $1400. ALL RENTS ARE BELOW RENTAL MARKET VALUE AND 4 OF THE 5 TENANTS ARE ON A MONTH TO MONTH BASIS! IDENTICAL UNIT NEXT DOOR 210 NW 14TH ST NOT LISTED BUT SELLERS ARE OPEN TO SELLING BOTH UNITS AS A PACKAGE DEAL! 10 UNITS IN TOTAL. THIS IN AN EXCELLENT OPPORTUNITY TO ACQUIRE A STRONG CASH FLOWING MULTIFAMILY ASSET THAT IS 100% OCCUPIED. PLEASE DO NOT DISTURB THE TENANTS.

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www.evluxuryrealestate.com/homes/157875276
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200 NW 14th Street Pompano Beach, FL 33060

  • Price: $889,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 45 min ago
  • ID#: RX-11037151
0
Beds
0
Baths
0
½ Baths
0.23
Acres
3,246
SQFT
$274
$/SQFT
1986
Built
Neighborhood:
Pompano Terrace
County:
Broward
Area:
Pompano Beach
Property Description
INVESTORS! RESIDENTIAL BUILDING WITH FIVE (5) UNITS LOCATED IN POMPANO BEACH, FLORIDA! CONSISTING OF FOUR (4) 2-BEDROOM 1-BATHROOM UNITS (RENTED AT $1,400) AND ONE (1) 1-BEDROOM 1-BATHROOM UNIT (RENTED AT $1,228). NEW HVAC in 2023, CITY WATER AND SEWER, 5 SEPARATE ELECTRIC METERS. BATHROOMS REMODELED IN 2023. OTHER INTERIOR UPGRADES VARY BY UNIT. CURRENTLY RENTED AT $1400. ALL RENTS ARE BELOW RENTAL MARKET VALUE AND 4 OF THE 5 TENANTS ARE ON A MONTH TO MONTH BASIS! IDENTICAL UNIT NEXT DOOR 210 NW 14TH ST NOT LISTED BUT SELLERS ARE OPEN TO SELLING BOTH UNITS AS A PACKAGE DEAL! 10 UNITS IN TOTAL. THIS IN AN EXCELLENT OPPORTUNITY TO ACQUIRE A STRONG CASH FLOWING MULTIFAMILY ASSET THAT IS 100% OCCUPIED. PLEASE DO NOT DISTURB THE TENANTS.
Exterior Features

Carport Spaces 0.00 Construction CBSStucco Exterior Features None Lot Description < 1/4 Acre Private Pool YN No Roof Comp Shingle Storm Protection Other Partial Unit1 Parking Open ParkingSpace Parking Unit2 Parking Open ParkingSpace Parking Unit3 Parking Open ParkingSpace Parking Unit4 Parking Open ParkingSpace Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring Ceramic Tile Heating Central Unit1 Bedrooms 2 Unit1 Desc A/C UnitElectric Meter Unit1 Full Baths 12 Unit1 Furnished No Unit1 Sq Ft 800 Unit2 Bedrooms 2 Unit2 Desc A/C UnitElectric Meter Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 800 Unit3 Bedrooms 2 Unit3 Desc A/C UnitElectric Meter Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 800 Unit4 Bedrooms 2 Unit4 Desc A/C UnitElectric Meter Unit4 Full Baths 1 Unit4 Furnished No Unit4 Sq Ft 800

Property Features

Annual Net Operating Income 158000.00 Annual Total Expenses 10000.00 Auction No Available Info AccountingAppraisalDeposit SecurityLeases Built Desc Resale Gated Community No Gross Operating Income 168000.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Maintenance Fee Includes Lawn CareMaintenance-ExteiorWater Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 3246.00 Subdivision Amenities None Tax Amount 11451.10 Tax Year 2024 Taxes City/County Tenant Pays CableElectric Terms Considered CashConventional Unit1 Monthly Income 1400.00 Unit2 Monthly Income 1400.00 Unit3 Monthly Income 1400.00 Unit4 Monthly Income 1400.00 Utilities CableElectricPublic Water Zoning RM-20

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Thomas Kane | TrustLarry Real Estate
3111 Bayview Drive
Fort Lauderdale FL, 33306