Don't miss this rare opportunity to acquire a duplex on a .3663-acre R-20 multifamily-zoned lot in the heart of Pompano Beach. The property consists of 2 separate 3-bed, 1-bath buildings connected by a covered breezeway/carport & is currently occupied by long-term month to month tenants paying below-market rents. This is an ideal value-add opportunity for experienced investors seeking to increase cash flow through renovation & future rent growth. Property requires substantial renovation, including kitchens, bathrooms, flooring, windows, HVAC systems, other deferred maintenance. The oversized lot offers future redevelopment potential with zoning allowing multifamily density of up to 8 units. Close to I-95 & less than 4 miles from the Pompano Beach Pier. Sellers welcome all serious Offers.
| MLS # | B26041945 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 139 |
| Listing Provided By | Keller Williams Realty Consult | Cynthia L Heelan |
| SQ Feet | 1,872 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Zoning | RM-20 |
| Acreage | 0.37 |
| Property View | Yes |
| Lot Features | None, Oversized Lot, Quarter To Half Acre Lot |
|---|
| Tax Annual Amount | 5803.67 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Pompano Beach |
| Zip Code | 33060 |
| Area | 3431 |
| Subarea | NTPK N Broward Dixie Hwy To Turnpike (3411 3432;3531) |
| Community Name | FAIRVIEW AMENDED PLAT |
| Listing VS Median (in FAIRVIEW AMENDED PLAT) | |
Price: $520,000 low | high Med: $251,200 sqft: 1,872 low | high Med: 1,277 $ / sqft: $278 low | high Med: $149 On site: 139 low | high Med: 11.5 | |
| State | FL |
|---|---|
| County | Broward |
| City | Pompano Beach |
| Zip Code | 33060 |
| Area | 3431 |
| Subarea | NTPK N Broward Dixie Hwy To Turnpike (3411 3432;3531) |
| Community Name | FAIRVIEW AMENDED PLAT |
| Listing VS Median (in FAIRVIEW AMENDED PLAT) | |
Price: $520,000 low | high Med: $251,200 sqft: 1,872 low | high Med: 1,277 $ / sqft: $278 low | high Med: $149 On site: 139 low | high Med: 11.5 | |