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313 SE 10th Ave
Pompano Beach, FL 33060
8 Unit Multifamily · Multifamily Property For Sale · 8 Units

Investment Highlights

  • Strong in place cash flow with value add upside opportunity
  • Well located east of 95, close to major shopping areas and intracoastal

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 2,400 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1971/2020
Zoning RM-20 - reis multifamily

About 313 SE 10TH AVE , POMPANO BEACH, FL 33060

An investors dream! Highly sought after side by side Pompano Beach fourplex units. To be sold together as a package deal only. (Five) 1 bedroom/1 bathroom units, (Two) 2 bedroom, 2 bathroom units and (One) studio apartment. Fully leased with an estimated 7.08% Cap Rate, with room to increase. Combined properties feature a 12,000  Square foot lot with 5,211 Square feet of livable space. Annual Gross Rent of $101,100.00, Annual Expenses $33,815.70. Located a few short blocks away from the prestigious brand new KOI Residences and Marina, a mere 1.6 miles from the sand, and close proximity to multiple parks, golf courses, shopping, dining and entertainment. Tons of recent and up and coming redevelopments in the area. Please do not disturb the Tenants.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 - -
2+2 2 - -
Studios 1 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 49-42-01-03-1200
  • 48-42-35-87-0090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$622,720
  • Listing ID: 19232286

  • Date on Market: 4/15/2020

  • Last Updated:

  • Address: 313 SE 10th Ave, Pompano Beach, FL 33060

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