221 SE 11th Ave

Pompano Beach, FL 33060

  • 6 Bed(s)
  • 3 Bath(s)
  • 2,327 Sqft
$699,000

Description

Attention investors and owner-users! prime investment opportunity with a well-maintained triplex in pompano beach. this 2,327 sq. ft. property on a 6,001 sq. ft. lot features three 2-bedroom, 1-bathroom units. located near atlantic blvd., it offers easy access to shopping, dining, and entertainment. the neighborhood is rapidly redeveloping, boosting its investment potential with an actual noi of $22,041 and a projected noi of $39,480. with an actual cap rate of 3.15 % and a projected cap rate of 5.65%, this property is zoned rd-1 and has been extensively improved since 2012. the area has strong demographics, with a population of 17,068 and an average household income of $85,373 within a 1-mile radius, ensuring reliable tenant demand and rental rates.

  • Property Type

    ResidentialIncome

  • Subdivision

    Ocean Drive Estates

  • County

    Broward

  • Style

    ResidentialIncome

  • AD ID

    46564015

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BuyOwner last updated this listing 11/19/2024 @ 00:35

  • MLS: A11635028
  • LISTING PROVIDED COURTESY OF: Barry Zeidel, Klein Morgan Realty LLC
  • SOURCE: SEFMIAMI

is a Home, with 6 bedrooms which is recently sold, it has 2,327 sqft, 2,327 sized lot, and 0 parking. are nearby neighborhoods.