$6,170,000
$6,750,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
999 S Riverside Dr Pompano Beach, FL 33062
11,686 SqFt
Key Details
Sold Price $6,170,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,686 sqft
Price per Sqft $527
MLS Listing ID A11399182
Sold Date 09/08/23
HOA Y/N No
Year Built 1962
Annual Tax Amount $25,986
Contingent Pending Inspections
Lot Size 0.523 Acres
Property Description
Seller financing available. 19 units with direct frontage on the intercoastal waterway.
Great opportunity to operate a short term rental or operate as traditional multifamily in a changing Pompano Beach market. Many new developments nearby. Ritz Carlton project 1/2 mile away, 5 minute walk to beach, 150 feet of direct frontage on the intercoastal waterway. In place rents below market and leases are month to month.
Townhome sales on same street $2 million+ and high rental demand in area.
Location
State FL
County Broward County
Area 3121
Direction I95 exit Atlantic Boulevard east over intercoastal bridge. First right turn after bridge to S Riverside Drive. Property at end of street on right side.
Exterior
Waterfront Yes
Waterfront Description Intracoastal Access
Roof Type Concrete
Total Parking Spaces 19
Building
Story 2
Level or Stories Two
Structure Type Block
Others
Tax ID 494306120360
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Financing Seller Financing
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Bought with The Keyes Company