1109 NW 6th Ave #1-5, Pompano Beach, FL 33060
1109 NW 6th Ave #1-5, Pompano Beach, FL 33060
1109 NW 6th Ave #1-5, Pompano Beach, FL 33060
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$1,015,000
Est. payment /mo
3,269 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,269 sqft

Price per Sqft $310

MLS Listing ID A12058451

HOA Y/N No

Year Built 1984

Annual Tax Amount $18,815

Lot Size 9,831 Sqft

Property Sub-Type Multi Family

Property Description

Fausto Commercial is proud to present this turnkey, fully renovated multifamily investment opportunity in the heart of Pompano Beach. This exceptional income-producing property features 5 units with an ideal unit mix of four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, generating over $113,000 in annual gross income with additional upside, creating an attractive 8%+ cap rate opportunity.

The property has undergone a complete renovation, including updated plumbing, updated electrical, central A/C throughout, and impact-resistant windows and doors. Renovated interiors feature modern kitchens and bathrooms, new flooring, updated fixtures, fresh paint, and contemporary lighting, while exterior improvements enhance curb appeal and minimize future maintenance, making this a true turnkey investment.

Located in one of South Florida's fastest-growing submarkets, the property benefits from Pompano Beach's ongoing transformation, including the $2 billion Downtown Pompano Beach redevelopment and nearby luxury developments that continue to attract new residents and investment. With strong in-place income, significant capital improvements, and long-term appreciation potential, this is an outstanding opportunity to acquire a stabilized multifamily asset in one of Broward County's most dynamic rental markets.

Location

State FL

County Broward

Area 3423

Zoning RM-20

Interior

Heating Central

Cooling Central Air

Flooring Other

Window Features Impact Glass

Exterior

Roof Type Shingle

Private Pool Yes

Building

Structure Type Block,Other

Others

Tax ID 484235530020

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12058451


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc

Nearby Locations

Monica Cataluña, CCIM, ALC

"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

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1109 NW 6th Ave #1-5