2255 5th St , en Venta & Alquilar

2255 5th St en Venta & Alquilar

Precio $1,995,000.00

• Tamaño de lote 10500
• Año de construcción 1970
• Frente al agua
• Zip 33062
• Estilo
• Parking Descripción Assigned, Other
• Piscina Yes
• Estado Active

Descripción

Fausto Commercial is pleased to present 2255 SE 5th Street, a 10-unit multifamily investment opportunity in the highly desirable Southeast Pompano Beach submarket. Located east of Federal Highway and minutes from the beach, Pompano Beach Pier, dining, entertainment, and retail destinations, the property benefits from strong rental demand and excellent accessibility. The property consists of 10 renovated one-bedroom, one-bathroom units within a well-maintained concrete building totaling approximately 5,880 SF. Units feature updated interiors and central air conditioning, and residents have access to an on-site coin laundry facility. The asset currently generates $209,880 in gross annual income and is offered at a 7.29% cap rate, providing strong in-place cash flow. The property offers additional upside potential through continued rental rate optimization. Market-rate rents are projected to increase gross annual income to more than $224,000, resulting in an estimated 8.0% cap rate. Supported by more than $2 billion in ongoing redevelopment throughout Pompano Beach, the property is well-positioned to benefit from continued growth, rising rental demand, and long-term appreciation. This is an exceptional opportunity to acquire a renovated, income-producing asset in one of South Florida's most desirable coastal markets.

SANTA BARBARA ESTATES 9-10 B SEC A LOT 9,10 BLK 1

Fausto Commercial is pleased to present 2255 SE 5th Street, a 10-unit multifamily investment opportunity in the highly desirable Southeast Pompano Beach submarket. Located east of Federal Highway and minutes from the beach, Pompano Beach Pier, dining, entertainment, and retail destinations, the property benefits from strong rental demand and excellent accessibility. The property consists of 10 renovated one-bedroom, one-bathroom units within a well-maintained concrete building totaling approximately 5,880 SF. Units feature updated interiors and central air conditioning, and residents have access to an on-site coin laundry facility. The asset currently generates $209,880 in gross annual income and is offered at a 7.29% cap rate, providing strong in-place cash flow. The property offers additional upside potential through continued rental rate optimization. Market-rate rents are projected to increase gross annual income to more than $224,000, resulting in an estimated 8.0% cap rate. Supported by more than $2 billion in ongoing redevelopment throughout Pompano Beach, the property is well-positioned to benefit from continued growth, rising rental demand, and long-term appreciation. This is an exceptional opportunity to acquire a renovated, income-producing asset in one of South Florida's most desirable coastal markets.

City:Pompano Beach,Zoning:RM-20,Cooling:1:Central Individual A/C,Country:US,Heating:1:Central Building A/C,2:Central Individual A/C,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Flooring:1:Tile,Latitude:26.2269529,Cooling Y N:1,Heating Y N:1,List Price:1995000,Listing Id:A12032538,Longitude:-80.1012158,Mls Status:Active,Year Built:1970,Postal Code:33062,Street Name:5th St,Coordinates:1:26.2269529,Gross Income:209880,Photos Count:25,Business Type:1:Residential-Multi-Family,Listing Terms:1:Conventional/Refinance,Lot Size Acres:0.241,Lot Size Units:Square Feet,M I A M I R E_ Area:3233,On Market Date:2026-06-07,Parcel Number:494306070060,Parking Total:11,Property Type:Commercial Sale,Stories Total:2,Street Number:2255,Public Remarks:Fausto Commercial is pleased to present 2255 SE 5th Street, a 10-unit multifamily investment opportunity in the highly desirable Southeast Pompano Beach submarket. Located east of Federal Highway and minutes from the beach, Pompano Beach Pier, dining, entertainment, and retail destinations, the property benefits from strong rental demand and excellent accessibility. The property consists of 10 renovated one-bedroom, one-bathroom units within a well-maintained concrete building totaling approximately 5,880 SF. Units feature updated interiors and central air conditioning, and residents have access to an on-site coin laundry facility. The asset currently generates $209,880 in gross annual income and is offered at a 7.29% cap rate, providing strong in-place cash flow. The property offers additional upside potential through continued rental rate optimization. Market-rate rents are projected to increase gross annual income to more than $224,000, resulting in an estimated 8.0% cap rate. Supported by more than $2 billion in ongoing redevelopment throughout Pompano Beach, the property is well-positioned to benefit from continued growth, rising rental demand, and long-term appreciation. This is an exceptional opportunity to acquire a renovated, income-producing asset in one of South Florida's most desirable coastal markets.,County Or Parish:Broward County,Expiration Date:2026-09-30,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Other,Postal Code Plus4:6030,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SE,Tax Annual Amount:36765,Unparsed Address:2255 SE 5th St, Pompano Beach FL 33062,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Operating Expense:64525,Building Area Total:5880,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:10500,Number Of Buildings:1,Original List Price:1995000,Public Survey Range:49,Documents Available:1:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Net Operating Income:145355,Syndication Remarks:Fausto Commercial is pleased to present 2255 SE 5th Street, a 10-unit multifamily investment opportunity in the highly desirable Southeast Pompano Beach submarket. Located east of Federal Highway and minutes from the beach, Pompano Beach Pier, dining, entertainment, and retail destinations, the property benefits from strong rental demand and excellent accessibility. The property consists of 10 renovated one-bedroom, one-bathroom units within a well-maintained concrete building totaling approximately 5,880 SF. Units feature updated interiors and central air conditioning, and residents have access to an on-site coin laundry facility. The asset currently generates $209,880 in gross annual income and is offered at a 7.29% cap rate, providing strong in-place cash flow. The property offers additional upside potential through continued rental rate optimization. Market-rate rents are projected to increase gross annual income to more than $224,000, resulting in an estimated 8.0% cap rate. Supported by more than $2 billion in ongoing redevelopment throughout Pompano Beach, the property is well-positioned to benefit from continued growth, rising rental demand, and long-term appreciation. This is an exceptional opportunity to acquire a renovated, income-producing asset in one of South Florida's most desirable coastal markets.,Listing Contract Date:2026-06-07,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Street Number Numeric:2255,Tax Legal Description:SANTA BARBARA ESTATES 9-10 B SEC A LOT 9,10 BLK 1,M I A M I R E_ Current Price:1995000,Public Survey Township:49,Construction Materials:1:CBS Construction,2:Other,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:North Broward Intracoastal To Us1 (3211-3234),M I A M I R E_ Internet Remarks:Please visit Fausto Commercial,M I A M I R E_ Parcel Number M L X:0060,M I A M I R E_ Street View Param:1$26.226889$-80.10121$295.76$13.33$1.00$TI_uVbSwRXu4rv3-z_AUUw,Contract Status Change Date:2026-06-07,Internet Address Display Y N:1,Number Of Units In Community:10,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:7,M I A M I R E_ Agent Alternate Phone:931-319-7072,M I A M I R E_ Occupancy Percentage:100,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:2255 SE 5th St,Internet Automated Valuation Display Y N:1,