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2581 NE 11th Ct - Pompano Beach Duplex 2 Unit Apartment Building Offered at $699,500 Pompano Beach, FL 33062
INVESTMENT HIGHLIGHTS
- Large Corner Duplex
- Property Is East Of Federal Highway & Minutes From All The Fun, Including The Pompano Pier, Sandy Beaches, Restaurants, & Nightlife
- Property Features A Spacious Updated Two-Bed, Two-Bath Unit Alongside A One-Bed, One-Bath
EXECUTIVE SUMMARY
Fantastic Find In The Heart Of Pompano Beach! Large Corner Duplex Sits In The Sought After Harbor Village, East Of Federal Highway & Minutes From All The Fun, Including The Pompano Pier, Sandy Beaches, Restaurants, & Nightlife. Property Features A Spacious Updated Two-Bed, Two-Bath Unit Alongside A One-Bed, One-Bath, Perfect For Strong Rental Income, (Possible Air BNB) Or Vacation Spot. The Two-Bed Unit Is Updated With A Newer Kitchen, Granite Counters & Bathrooms. The One Bedroom Unit Could Use Some Love. Entire Building Has Hurricane Impact Windows & Upgraded Electric For Peace Of Mind. Large Fenced Corner Lot, With Tons Of Extra Parking & Room For A Pool. Potential Income Range From $44–$55K, Estimated Annual Expenses, Taxes At $9,128, Lawn Care $1,200, Insurance $9,000, & Water $1,800. Call Or Text Carlos Montoya at 954-234-7653 For Additional Information, Also For A list Of Other Multi-Family Properties For Sale In Broward County.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $699,500 | Lot Size | 0.03 AC |
| Price Per Unit | $349,750 | Building Size | 1,352 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 1958 |
| Property Type | Multifamily | ||
| Zoning | Multi Family - Multi Family | ||
| Price | $699,500 |
| Price Per Unit | $349,750 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.03 AC |
| Building Size | 1,352 SF |
| No. Stories | 1 |
| Year Built | 1958 |
| Zoning | Multi Family - Multi Family |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 1 | $2,400 | - |
| 1+1 | 1 | $1,380 | - |
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2581 NE 11th Ct - Pompano Beach Duplex
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