Main Content

, Pompano Beach, FL 33069 (MLS# F1351711)

Pompano Beach, FL 33069

$1,175,000
Property Type: Business Opportunity Status: Closed
Current Price: $1,175,000 List Date: 7/30/2015 Last Modified: 5/24/2026

Overview

Description

PRICE REDUCED AGAIN! Excellent opportunity to tap into the lucrative South Florida rental market. 15 condo units at multiple addresses all within an ideally located gated community. All are renovated/upgraded and rented producing positive cash flow. Unit sizes range from studio to 1 bedroom/1 bath to 2 bedroom/1 bath to 2 bedroom/2 bath; some include a garage. Community amenities include 2 pools, tennis court, exercise room, jogging/bike path. No rental restrictions; pet friendly. Cap rate = 8.65%

Listing Details MLS# F1351711

General Property Information

Occupant Type
Call Listing Agent
Occupied Area
12681
Year Built
1989
Parking Total
15
Lot Size Area
0

Property Features

Business Type: Other Electric: Separate Meters Location of Property: In Residential Area Parking Features: Assigned; Guest Source Of Expenses: Books Showing Requirements: Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
1295000

Location and Legal

County Or Parish
Broward
County Parish Name
Broward
City Name
Pompano Beach
State Or Province
FL
Postal Code
33069
Geographic Area
NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Zoning
RES
Directions
ON MCNAB ROAD IN POMPANO BEACH EAST OF NW 31ST AVE. (LYONS ROAD)

Financial Information

Tax Annual Amount
17374
Tax Year
2014

Status Change Information

Major Change Timestamp
2015-10-23T12:26:52Z
Major Change Type
Status Change
Price Change Timestamp
2015-08-24T12:26:52Z
Status Change Date
2015-10-23
Under Contract Date
2015-09-29
Close Date
2015-10-23
Close Price
1175000
Buyer Financing
Cash

More Information

Business Details

Year Established
89

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Gross Rent
181680
Inc/Exp Statement Period
annual
Insurance Expense
4565
Gross Sales
0

Price Calculations

Current Price To SqFt
92.66
Original List Price To Close Price
0.9

Originating Details

Originating System Key
229933494
Originating System ID
M00000170

Currently Not Used

Year Built
1989

Office/Member Information

DXORIGMLSID
FLL

Electric

Separate Meters
Yes

Loan Details

Assumable Chattel Balance
0

Parking Features

Assigned
Yes
Guest
Yes

Location of Property

In Residential Area
Yes

Business Type

Other
Yes

Source Of Expenses

Books
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Listing Office: Urban Solution Buildings Corp
IDX
Last Updated: May - 24 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Skip to content