2255 5th St ,Detached, Quadruplex, Santa Barbara Estates для продажи

2255 5th St для продажи

Цена $1,995,000.00

• Размер территории 5880
• Год постройки 1970
• Вид на воду
• Zip 33062
• Стиль Detached
• Парковка
• Бассейн Yes
• Статус Active

Описание

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

Less Than 1/4 Acre Lot

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,Heating:1:Other,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:A12032534,Longitude:-80.1012158,Mls Status:Active,Year Built:1970,Living Area:5880,Postal Code:33062,Street Name:5th St,Coordinates:1:26.2269529,Photos Count:26,Building Name:SANTA BARBARA ESTATES,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3233,M L S Area Major:Santa Barbara Estates,On Market Date:2026-06-07,Parcel Number:494306070060,Parking Total:11,Property Type:Residential Income,Stories Total:2,Street Number:2255,M I A M I R E_ Style:Fourplex,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.,Structure Type:1:Fourplex,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,Postal Code Plus4:6030,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SE,Subdivision Name:SANTA BARBARA ESTATES,Tax Annual Amount:36765,Total Actual Rent:209880,Unparsed Address:2255 SE 5th St, Pompano Beach FL 33062,Listing Agreement:Exclusive Right To Sell,Operating Expense:64525,Year Built Details:Effective Year Built,Building Area Total:5880,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:339.2857,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_ Adjusted Area S F:5880,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:2255 SE 5TH ST, POMPANO BEACH, FL 33062,M I A M I R E_ Parcel Number M L X:0060,M I A M I R E_ Separate Meter Y N:1,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,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:1,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,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:2255 SE 5th St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:339.29,Internet Automated Valuation Display Y N:1,