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Presented by
The Magyar Team |
451 SE 1st Avenue, # A & B, Pompano Beach, FL, 33060 | $995,700
Cash-flowing duplex with pool just minutes to the beach—positioned in one of Pompano Beach's fastest-growing areas. Located near the rapidly growing downtown corridor, with easy access to I-95, major South Florida hubs, top-rated schools, parks, shopping, dining, and entertainment. This income-producing property delivers immediate cash flow with both units currently rented—ideal for investors looking to secure a high-demand asset with strong appreciation potential. The property features two updated and well-maintained units: Unit B offers 3 bedrooms and 2 baths, including a very large utility/laundry room and an expansive flexible space in the rear—perfect for a family room, office, playroom, or game room. Unit A is a 2-bedroom, 2-bath with its own comfortable layout. Both units enjoy private backyards, providing added privacy and outdoor living. Both residences have been updated with modern kitchens and bathrooms, impact windows and doors, newer appliances, and fresh interior and exterior paint. No carpet throughout, newer tile flooring, and a newer roof add to long-term value. Each unit includes its own washer and dryer along with generous storage space. Additional highlights include separate electric meters, Ample parking accommodating several vehicles, a shared pool, and a fenced layout offering added privacy. The landlord currently maintains the pool and landscaping for convenience. No HOA approval required. A great opportunity for both first-time and seasoned investors looking to expand their portfolio in a prime Pompano Beach location.
Features
- Units: 2
- Laundry: Laundry Room, Sink, In Unit
- Year Built: 1965
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- Approx Sq. Feet: 2,826
- Acreage: 0.17
- Est. Taxes: $15,438
- Lot Desc: Landscaped
- View: Garden
- Elem. School: Cypress
- Middle School: Pompano Beach
- High School: Blanche Ely
- Pool: In Ground
- Pet Policy: Yes, Size Limit
- Tenant Pays: Electricity, Water
- MLS#: B26018920
- Website: https://www.raveis.com
/prop/B26018920/451se1stavenue_pompanobeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
The Magyar TeamLuxury Properties Specialist
203.912.7800
TheMagyarTeam@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 130058
203.952.8600
Joseph.Mollica@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
451 SE 1st Avenue, # A & B, Pompano Beach, FL, 33060
$995,700
The Magyar Team
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.912.7800
TheMagyarTeam@Raveis.com
Joseph Mollica
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $796,560 | $796,560 | $796,560 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $1,287 | $1,287 | $1,287 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,776 | $4,905 | $6,722 |
| Total Monthly Payment | $6,154 | $6,283 | $8,100 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388