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PinnacleTCRE

200 NW 7th Street, Pompano Beach, FL 33060 (MLS# FX-10363370)

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200 NW 7th Street, Pompano Beach, FL 33060

$950,000
Property Type: Comm/Industry Status: Active
Current Price: $950,000 Last Modified: 4/08/2024

Description

Attention investors. Located in an "Opportunity Zone Area". New roof, and electric meters. Freshly repainted. Separate electric meters. Tenants pay electric.4 large and legal units. All units with washer and dryer hook ups.5 parking spots.40-year certificate completed in 2016. 100% occupancy. All tenants are month to month. Significant room to increase rents. Rents have not been increased in years and are way below market. The whole area is currently being revitalized. Brand new condo and commercial currently being built across the street from the property. Units are very large all over 900 sq feet. Room to reconfigure the interior.

More Information MLS# FX-10363370

Contract Information

Status: Active Original List Price: 1200000 List Price: $950,000 Current Price: $950,000 Listing Date: 2023-01-09 Comm/Non-Rep: 2% Comm/Buyer Agent: 2% Comm/Trans Brk: 2%

General Property Description

Type: MultiFamily (5+ Units) For Sale: Yes For Lease: No Year Built: 1976 Built Desc: Resale # of Stories: 2 Total Units: 4 Waterfront: No

Location, Tax & Legal

Area: 3423 Geo Area: NTPK Country: United States County: Broward Parcel ID: 484235100150 Street #: 200 Street Dir: NW Street Name: 7th Street Suffix: Street State/Province: FL Zip Code: 33060 Zoning: RM-12 Legal Desc: AMENDED PLAT OF SUMTER'S ADD TO TOWN OF POMPANO 1-12 B LOT 20,21 Tax Year: 2022 Real Estate Taxes: 8573 Geo Lat: 26.237595 Geo Lon: -80.125808

Office/Member Info

DXORIGMLNO: F10363370 DXORIGMLSID: FLL

Monetary Info

Gross Oper Income: 62400 Net Oper Income: 62400

Property Features

Construction: CBS Sale Includes: Building and Land Avail Info: Copies of Lease Flooring: Ceramic Tile Tenant Pays: Electric Security: Fence Roof: Comp Shingle Terms Considered: Cash
Listing Office: The Keyes Company
Last Updated: April - 08 - 2024
200 NW 7th Street, Pompano Beach, FL 33060- MLS# FX-10363370
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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