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Deep Water 6 Unit Apt Bldg Near Beach 1361 NE 27th Way 6 Unit Apartment Building $1,895,000 ($315,833/Unit) Pompano Beach, FL 33062
Investment Highlights
- Waterfront property with 33' dock and direct ocean access with easy access via nearby Hillsboro Inlet
- Remodeled kitchens and bathrooms
- Newer windows and doors
- Located east of Federal Hwy with residents enjoying a short stroll to the beach
- Building recertification completed in 2021
- Upgraded brick paver walkways and patios along with aluminum railings
Executive Summary
Located east of Federal Hwy on deep water with no fixed bridge access to the ocean!
This property is one of a limited number with a dock navigable to a nearby inlet & directly out to the Atlantic Ocean.
The building offers 5 two bedroom, one bath units and 1 one bedroom, one bath unit each with central air conditioning.
All units have remodeled kitchens, bathrooms, and flooring. Five have screened patios and one has an enclosed patio.
Additional upgrades include newer windows & doors, brick paver walkways and aluminum railings.
The dock is apprx 33 feet with water & electric available.
Residents enjoy the waterway views and just ½ mile stroll to the beach. Building recertification completed in 2021.
This property is one of a limited number with a dock navigable to a nearby inlet & directly out to the Atlantic Ocean.
The building offers 5 two bedroom, one bath units and 1 one bedroom, one bath unit each with central air conditioning.
All units have remodeled kitchens, bathrooms, and flooring. Five have screened patios and one has an enclosed patio.
Additional upgrades include newer windows & doors, brick paver walkways and aluminum railings.
The dock is apprx 33 feet with water & electric available.
Residents enjoy the waterway views and just ½ mile stroll to the beach. Building recertification completed in 2021.
Property Facts
| Price | $1,895,000 | Building Class | C |
| Price Per Unit | $315,833 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 4,547 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1968 |
| Apartment Style | Garden | ||
| Zoning | RM-20 | ||
| Price | $1,895,000 |
| Price Per Unit | $315,833 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 4,547 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1968 |
| Zoning | RM-20 |
Amenities
Unit Amenities
- Balcony
Site Amenities
- Courtyard
- Fenced Lot
- Laundry Facilities
- Dock
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 5 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 48-43-30-25-0050 | Improvements Assessment | $1,027,940 |
| Land Assessment | $69,350 | Total Assessment | $1,097,290 |
Property Taxes
Parcel Number
48-43-30-25-0050
Land Assessment
$69,350
Improvements Assessment
$1,027,940
Total Assessment
$1,097,290
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Deep Water 6 Unit Apt Bldg Near Beach | 1361 NE 27th Way
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