Fausto Commercial is proud to present this extraordinary investment opportunity! Renovated 4-plex in Pompano Beach featuring four 2BR/1BA units, with 3 of the 4 units currently on a month-to-month basis, providing an investor with the flexibility to immediately reposition rents toward current market value. The property offers an attractive projected gross rental income of $94,800+ annually. Units include updated kitchens and baths, modern flooring, upgraded fixtures, and central A/C, offering turnkey appeal. Ideally located near beaches, downtown Pompano, major highways, and transit, with significant redevelopment and large-scale mixed-use projects driving growth and demand throughout Pompano Beach. Excellent opportunity for investors seeking stable income, immediate rental upside, and long-term appreciation in a rapidly growing South Florida market! Don't miss this opportunity!
| MLS # | A12103050 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 27 |
| Listing Provided By | Fausto Commercial Realty Consultants Inc | Arun Mohan |
| SQ Feet | 2,849 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | RM-20 |
| Tax Annual Amount | 14138 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Pompano Beach |
| Zip Code | 33060 |
| Area | 3341 |
| Subarea | NDIX North Broward Us1 To Dixie Hwy (3311 3342) |
| Community Name | OCEAN DRIVE ESTATES |
| Listing VS Median (in OCEAN DRIVE ESTATES) | |
Price: $885,000 low | high Med: $1,800 sqft: 2,849 low | high Med: 14,463 $ / sqft: $311 low | high Med: $0 On site: 27 low | high Med: 17.5 | |
| State | FL |
|---|---|
| County | Broward |
| City | Pompano Beach |
| Zip Code | 33060 |
| Area | 3341 |
| Subarea | NDIX North Broward Us1 To Dixie Hwy (3311 3342) |
| Community Name | OCEAN DRIVE ESTATES |
| Listing VS Median (in OCEAN DRIVE ESTATES) | |
Price: $885,000 low | high Med: $1,800 sqft: 2,849 low | high Med: 14,463 $ / sqft: $311 low | high Med: $0 On site: 27 low | high Med: 17.5 | |