Price Reduced 16.67%
Price History
$1,350,000
5/16/2025
$1,289,000
5/29/2025
$1,250,000
6/6/2025
$1,225,000
8/11/2025
$1,200,000
9/5/2025
$1,175,000
10/13/2025
$1,125,000
10/16/2025
1109 NW 6th Avenue, #1-5, Pompano Beach, FL, 33060
1984
Completely restored and remodeled modern 5-unit CBS apartment building. Four 2/1's and one 1/1's. Everything was updated including A/C, Electrical, Plumbing, Floors, Hurricane Impact Windows & Doors, Fixtures, Appliances, Cabinets, Closets, etc in 2022 as part of the restoration. Everything permitted in each unit as of 2022! Features four 2br/1ba and one 1br/1ba apartment unit modern restored with everything needed to achieve maximum rents. 2br units rent for $1,900 to $1,950 and the 1br unit rents for $1,700 to $1,750 per month. Gross income at $113,400 per year! Easy to self-manage and great tenants 100% occupied since restoration completed! Great east location near everything! All 5 leases are annual and unfurnished. Seller Financing Options Available! ~7.0% cap rate at full ask price!
Status:
Active
Type:
Commercial
Units:
5
Zoning:
RM-20
Complex:
PALM TREE (Downtown Pompano Beach)
Building Type:
Income
Heating:
Central, Electric
Cooling:
Ceiling Fan, Central, Electric
Levels:
1.0
Acreage:
0.23
Est. Taxes:
$17,751
Current Use
Income
Construction
CBS,Concrete
Utilities
Cable,Electric,Public Sewer,Public Water,Separate Meter
Lease Term Type:
Annual
Owner Pays:
Cable,Electric
MLS #:
RX-11091480
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2025 Beaches Multiple Listing Service, Inc
Listing courtesy of REGENCY REALTY SERVICES (561) 394-4600