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Monica Cataluña, CCIM

monica@koresrealty.com +1(954) 812-1831

$799,000

Est. payment - /mo

2,483 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,483 sqft

Price per Sqft $321

Subdivision Connor Estates

MLS Listing ID A12002958

Style Fourplex

HOA Y/N No

Year Built 1965

Annual Tax Amount $13,396

Tax Year 2025

Property Sub-Type Quadruplex

Property 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.

Location

State FL

County Broward

Community Connor Estates

Area 3231

Interior

Heating Central, Electric, Wall Furnace

Cooling Central Air, Ceiling Fan(s), Other, Wall/Window Unit(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

Tax ID 484330000182

Acceptable Financing Cash, Conventional, Owner May Carry, Other

Listing Terms Cash, Conventional, Owner May Carry, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12002958

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Miami Association of Realtors (SEFMIAMI MLS)

Listed by The Jarvis Group Inc

Nearby Locations

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

2051 NE 25th Ave Pompano Beach, FL 33062

Monica Cataluña, CCIM

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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2051 NE 25th Ave