231 15th St ,Other, Quadruplex, Lyons Park First Add for Sale

231 15th St for Sale

Price $2,250,000.00

• Lot size 0
• Year Build 1959
• Waterfront
• Zip 33060
• Style Other
• Parking Description
• Pool Yes Concrete
• Status Active

Description

GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Cap Rate: 5.17%, NOI: $116,220.36. Income: $168,000. Don?t miss this opportunity!

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11755588 Offering memorandum available upon request. Please text or call my assistant, Ana, at (786) 303-4397

LYONS PARK FIRST ADD 40-2 B LOTS 15,16 BLK 19

Less Than 1/4 Acre Lot

GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Cap Rate: 5.17%, NOI: $116,220.36. Income: $168,000. Don?t miss this opportunity!

City:Pompano Beach,Zoning:RM-20,Heating:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:26.2112503,Cooling Y N:1,Heating Y N:1,List Price:2250000,Listing Id:A11755588,Longitude:-80.1261311,Mls Status:Active,Year Built:1959,Directions:I95 TO EXIT 36A - ATLANTIC BLVD EAST. TURN RIGHT ON S CYPRESS RD ~ 2.8 MILES. RIGHT AT E MCNAB RD ARRIVE AT DESTINATION ON THE RIGHT. OR -- I95 TO 33A - NE 62ND ST (CYPRESS CREEK) MAKE A LEFT ONTO NE 18TH AVE, LEFT ONTO E MCNAB RD,Postal Code:33060,Street Name:15th St,Coordinates:1:26.2112503,Photos Count:14,Building Name:LYONS PARK FIRST ADD,Days On Market:41,Lot Size Units:Square Feet,M I A M I R E_ Area:3342,M L S Area Major:Lyons Park First Add,On Market Date:2025-03-04,Parcel Number:494202142490,Parking Total:12,Property Type:Residential Income,Stories Total:1,Street Number:231,Association Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks:GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Cap Rate: 5.17%, NOI: $116,220.36. Income: $168,000. Don?t miss this opportunity!,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Beachfront Realty Inc,M I A M I R E_ Pool Y N:1,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:8624,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:LYONS PARK FIRST ADD,Tax Annual Amount:24015,Total Actual Rent:168000,Unparsed Address:231 SW 15th St, Pompano Beach FL 33060,Listing Agreement:Exclusive Right To Sell,Operating Expense:51779,Year Built Details:Resale,Building Area Units:Square Feet,Original List Price:2250000,Public Survey Range:49,I D X Participation Y N:1,Net Operating Income:116220,Number Of Units Total:8,Syndication Remarks:GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Cap Rate: 5.17%, NOI: $116,220.36. Income: $168,000. Don?t miss this opportunity!,Listing Contract Date:2025-03-04,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Street Number Numeric:231,Tax Legal Description:LYONS PARK FIRST ADD 40-2 B LOTS 15,16 BLK 19,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,Association Fee Frequency:Monthly,M I A M I R E_ Internet Remarks:Offering memorandum available upon request.,Contract Status Change Date:2025-03-04,Internet Address Display Y N:1,Number Of Units In Community:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,