Log In/Sign Up
2255 SE 5th St
Pompano Beach, FL 33062
Pompano Apartments · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Strong In-Place Cash Flow: Generating approximately $209,880 in annual gross income at a 7.29% cap rate.
- Renovated Apartment Community: Ten updated one-bedroom units with central A/C and modern interiors.
- Positioned for Long-Term Growth: Surrounded by over $2 billion in redevelopment and mixed-use investment activity.
- Value-Add Upside: Below-market rents provide a path to over $224,000 in gross income and an estimated 8.0% cap rate.
- Desirable Southeast Pompano Location: East of Federal Highway and minutes from the beach, pier, dining, and entertainment.
Property Facts
| No. Units | 10 | Building Size | 5,880 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.87/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | RM-20 - Medium Density Residential | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 5,880 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.87/1,000 SF |
| Zoning | RM-20 - Medium Density Residential |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Refrigerator
- Handrails
Site Amenities
- Laundry Facilities
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,850 | - |
Property Taxes
| Parcel Number | 49-43-06-07-0060 | Improvements Assessment | $1,572,560 |
| Land Assessment | $94,500 | Total Assessment | $1,667,060 |
Property Taxes
Parcel Number
49-43-06-07-0060
Land Assessment
$94,500
Improvements Assessment
$1,572,560
Total Assessment
$1,667,060
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
