$3,100,000
$3,500,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
3208 NE 11th St Pompano Beach, FL 33062
10,745 SqFt
Key Details
Sold Price $3,100,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,745 sqft
Price per Sqft $288
MLS Listing ID A11087152
Sold Date 06/15/22
HOA Y/N No
Year Built 1954
Annual Tax Amount $14,305
Contingent 3rd Party Approval
Lot Size 0.575 Acres
Property Description
This 26 unit multifamily building is located in an extremely desirable vacation area that boasts a true small beach town feel. The physical property consists of 10,530 leasable SF, well situated on a large 25,047 SF lot, 26 studio apartments, a large swimming pool, & separate large building with a full commercial kitchen that can be used as a 3/2 SFH or clubhouse.
The entire property is in the process of being renovated & will be delivered completed. Recent upgrades include new electricity, new plumbing, new fire systems, new roofs, new HVAC, new flooring, new backup generators, new bathrooms, & much more. An investor truly benefits from receiving a turn-key apartment building—a perfect building for short-term rentals.
Location
State FL
County Broward County
Area 3232
Others
Tax ID 484330010850
Financing Cash
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Bought with RE/MAX 5 Star Realty