Pompano Beach, FL 33060 715 NW 5th Ave
$1,089,000
19 more
Presented By: This listing is courtesy of Lopez & Hurst Realty, Inc.;
Beds • 8
Baths • 4
SQFT • 2,731
Home Details
Income-Producing Fourplex in Central Pompano Beach – 5.3% Cap Rate
This remodeled fourplex offers a strong investment opportunity in the heart of Pompano Beach. All four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. Each unit is separately metered for electricity, minimizing landlord expenses.The building has undergone a complete renovation, including installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. Water expenses paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:5.3% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.
Presented By: This listing is courtesy of Lopez & Hurst Realty, Inc.;
Interior Features for 715 NW 5th Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
General for 715 NW 5th Ave
Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityPompano Beach
Construction MaterialsBlock
CoolingCentralAir, Electric
CountyBroward
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingCentral, Electric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionPINEWOOD HEIGHTS 23-23 B LOT 3 BLK 2
LevelsTwo
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area3411
MLS Area MinorN Broward Dixie Hwy To Turnpike (3411-3432;3531)
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Pool FeaturesNone
PossessionClosingAndFunding
PostalCityPompano Beach
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesGardener, Sewer, TrashCollection, Water
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NamePINEWOOD HEIGHTS
Tax Annual Amount15918.0
Tax Year2024
UtilitiesCableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1961
Year Built DetailsResale
Zoning DescriptionRS-4
Exterior for 715 NW 5th Ave
Building Area Total2731.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking5.0
Additional Details
Price History
Elena Bernal
Realtor®
