3405 Norfolk Street , 1,2,3,4

    Pompano Beach, FL 33062
    • $1,779,000
    • STATUS: Active
    • ON SITE: 97 days
    • MLS #: RX-10588997
    UPDATED: 167 min ago
    $1,779,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,032
      SQFT
    • $441
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    Description

    FANTASTIC OPPORTUNITY FOR INVESTORS OR AN OWNER OCCUPANT IN 1 UNIT WITH 3 UNITS ON LONG TERM OR SHORT TERM YEAR ROUND INCOME STREAM. Located in highly desirable Hillsboro Shores, this Multi-Family complex includes 4 Apartment Homes Each with 2bdrms/2baths, private outdoor patios & washer/dryer in unit. The property has a private pool and deeded beach access and Pavilion. All units have been completely remodeled featuring stainless steel appliances, engineered wood floors, and coastal neutral colors. This prime location is well suited for short term weekly rentals with very realistic potential for a 10%+ Cap Rate. No Mandatory HOA! Come see it now and choose your own rental investment model. Multi-Family properties are in demand and in very limited supply! Location!Location!Location!

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    © 2020 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2020 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-04-10T00:02:01.057.
    southflorida.lucidoglobal.com/homes/102024547

    3405 Norfolk Street , 1,2,3,4 Pompano Beach, FL 33062

    • Price: $1,779,000
    • Status: Active
    • Updated: 167 min ago
    • MLS #: RX-10588997
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    4,032
    SQFT
    $441
    $/SQFT
    1977
    Built
    Neighborhood:
    Hillsboro Shores Sec B
    County:
    Broward
    Area:
    Pompano Beach
    Property Description
    FANTASTIC OPPORTUNITY FOR INVESTORS OR AN OWNER OCCUPANT IN 1 UNIT WITH 3 UNITS ON LONG TERM OR SHORT TERM YEAR ROUND INCOME STREAM. Located in highly desirable Hillsboro Shores, this Multi-Family complex includes 4 Apartment Homes Each with 2bdrms/2baths, private outdoor patios & washer/dryer in unit. The property has a private pool and deeded beach access and Pavilion. All units have been completely remodeled featuring stainless steel appliances, engineered wood floors, and coastal neutral colors. This prime location is well suited for short term weekly rentals with very realistic potential for a 10%+ Cap Rate. No Mandatory HOA! Come see it now and choose your own rental investment model. Multi-Family properties are in demand and in very limited supply! Location!Location!Location!
    Exterior Features

    Carport Spaces 8.00 Construction Cbs Exterior Features DeckFenceOpen PatioOpen PorchShedShutters Lot Description < 1/4 AcreEast Of Us-1Private Road Lot Dimensions 9993 Private Pool Description Inground Private Pool YN Yes Roof Concrete Tile Unit1 Parking Space Parking Unit2 Parking Space Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Ceiling FanCentral Flooring LaminateTile Heating CentralElectric Unit1 Bedrooms 2 Unit1 Desc DishwasherDisposalDryerMicrowavePatioWasher Unit1 Full Baths 2 Unit1 Furnished No Unit1 Half Baths 0 Unit1 Sq Ft 1008 Unit2 Bedrooms 2 Unit2 Desc DishwasherDisposalDryerPatioWasher Unit2 Full Baths 2 Unit2 Furnished No Unit2 Half Baths 0 Unit2 Sq Ft 1008 Unit3 Bedrooms 2 Unit3 Full Baths 2 Unit3 Half Baths 0 Unit3 Sq Ft 1008 Unit4 Bedrooms 2 Unit4 Full Baths 2 Unit4 Half Baths 0 Unit4 Sq Ft 1008

    Property Features

    Annual Net Operating Income 130000.00 Annual Total Expenses 30000.00 Available Info Equipment ListInventoryInvestment AnalysisOther Built Desc Resale Gross Operating Income 160000.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession Funding REO No Restrictions Other Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Assessment No Sq Ft Total 4153.00 Subdivision Amenities Beach Club AvailablePoolPrivate Beach PvlnStreet Lights Tax Amount 12386.80 Tax Year 2019 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventional Unit1 Monthly Income 0.00 Unit2 Monthly Income 0.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 3500.00 Utilities CablePublic SewerPublic Water Zoning Rm-20

    Listing provided courtesy of Exceptional Properties Inc.

    © 2020 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2020 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-04-10T00:02:01.057.
     
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