23 19th Ave ,Residential-multi-family for Sale & Rent

23 19th Ave for Sale & Rent

Price $1,290,000.00

• Lot size 13723
• Year Build 1956
• Waterfront
• Zip 33060
• Style
• Parking Description Assigned
• Pool Yes
• Status Active

Description

Subject property is a 7 unit apartment building with active hotel license, currently units rented annually with $109,200 annual gross income , NOI 6.5% , 3 structures totaling 3,500 sf on approximately 13,700 sf lot, roof is 2 years old. this property has potential for future redevelopment , zoning allows up 20 units , 60 ft high or it can be operated as hotel /rbnb . property currently has some active violation with the city and owners working to resolve it .

PINEHURST 5-13 B LOT 8,9 BLK 11

Subject property is a 7 unit apartment building with active hotel license, currently units rented annually with $109,200 annual gross income , NOI 6.5% , 3 structures totaling 3,500 sf on approximately 13,700 sf lot, roof is 2 years old. this property has potential for future redevelopment , zoning allows up 20 units , 60 ft high or it can be operated as hotel /rbnb . property currently has some active violation with the city and owners working to resolve it .

City:Pompano Beach,Zoning:TO-EOD,List A O R:A-Miami Association of REALTORS,Latitude:26.2329167,List Price:1290000,Listing Id:A11354283,Longitude:-80.1051298,Mls Status:Active,Ownership:Corporation,Year Built:1956,Postal Code:33060,Street Name:19th Ave,Coordinates:1:26.2329167,Gross Income:109200,Photos Count:2,Days On Market:13,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2023-03-01,Parcel Number:484236011420,Property Type:Commercial Sale,Street Number:23,Public Remarks:Subject property is a 7 unit apartment building with active hotel license, currently units rented annually with $109,200 annual gross income , NOI 6.5% , 3 structures totaling 3,500 sf on approximately 13,700 sf lot, roof is 2 years old. this property has potential for future redevelopment , zoning allows up 20 units , 60 ft high or it can be operated as hotel /rbnb . property currently has some active violation with the city and owners working to resolve it .,County Or Parish:Broward County,Expiration Date:2023-12-31,List Office Name:Xcellence Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6738,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:14596,Unparsed Address:23 NE 19th Ave, Pompano Beach FL 33060,Listing Agreement:Exclusive Right To Sell,Operating Expense:29050,Building Area Total:3511,Building Area Units:Square Feet,Lot Size Square Feet:13723,Original List Price:1290000,Public Survey Range:48,I D X Participation Y N:1,Net Operating Income:80150,Syndication Remarks:Subject property is a 7 unit apartment building with active hotel license, currently units rented annually with $109,200 annual gross income , NOI 6.5% , 3 structures totaling 3,500 sf on approximately 13,700 sf lot, roof is 2 years old. this property has potential for future redevelopment , zoning allows up 20 units , 60 ft high or it can be operated as hotel /rbnb . property currently has some active violation with the city and owners working to resolve it .,Listing Contract Date:2023-03-01,Originating System I D:miamire,Public Survey Section:36,Street Number Numeric:23,Tax Legal Description:PINEHURST 5-13 B LOT 8,9 BLK 11,Electric On Property Y N:1,Gross Scheduled Income:109200,Public Survey Township:48,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,Contract Status Change Date:2023-03-01,Internet Address Display Y N:1,Number Of Units In Community:7,Internet Consumer Comment Y N:1,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,