Excellence in South Florida Real Estate
715 NW 5th Ave, Pompano Beach, 33060
Pompano Beach
715 NW 5th Ave, Pompano Beach, 33060
Pompano Beach
Quick Details
MLS #: A11783500
Description
Income-Producing Fourplex in Central Pompano Beach – 5.3% Cap Rate
This remodeled fourplex offers a strong investment opportunity in the heart of Pompano Beach. All four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. Each unit is separately metered for electricity, minimizing landlord expenses.The building has undergone a complete renovation, including installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. Water expenses paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:5.3% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.
- Address 715 NW 5th Ave
- City Pompano Beach
- State/county Florida
- Zip/Postal Code 33060
- Area Broward County
Details
-
MLS #:
A11783500
-
Price:
$1,089,000
-
Property Size:
2731 sqft
-
Year Built:
1961
-
Property Type:
Quadruplex
-
Property Status:
Buy
Listed by Esthael Rendon · Lopez & Hurst Realty, Inc.
- Updated on April 25, 2025 at 8:03 am
For more information about this Quadruplex for Buy currently listed for $1089000 located in 715 NW 5th Ave Pompano Beach, Florida 33060 please call our real estate office at 1-(305) 728-0840
© Data Source Copyright: Copyright Southeast Florida Multiple Listing Service ©2024. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.