About This Property

Fausto Commercial is proud to present this turnkey, fully renovated multifamily investment opportunity in the heart of Pompano Beach. This exceptional income-producing property features 5 units with an ideal unit mix of four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, generating over $113,000 in annual gross income with additional upside, creating an attractive 8%+ cap rate opportunity.The property has undergone a complete renovation, including updated plumbing, updated electrical, central A/C throughout, and impact-resistant windows and doors. Renovated interiors feature modern kitchens and bathrooms, new flooring, updated fixtures, fresh paint, and contemporary lighting, while exterior improvements enhance curb appeal and minimize future maintenance, making this a true turnkey investment.Located in one of South Florida's fastest-growing submarkets, the property benefits from Pompano Beach's ongoing transformation, including the $2 billion Downtown Pompano Beach redevelopment and nearby luxury developments that continue to attract new residents and investment. With strong in-place income, significant capital improvements, and long-term appreciation potential, this is an outstanding opportunity to acquire a stabilized multifamily asset in one of Broward County's most dynamic rental markets.

Key Features

• Built in 1984

Property Details

• Type: Single Family Home
• Year Built: 1984
• Sq Ft: 3,269
• Price / Sq Ft: $297
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1984
• Status: Active
• MLS Number: 1177924125
• Days on Market: 114
• Listed By: Fausto Commercial Realty Consultants Inc · Arun Mohan
• Zip Code: 33060