Basic Information

  • MLS # A11783500
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Pinewood Heights
  • Year Built 1961
  • Total Sqft 2,731
  • Date Listed 04/14/2025
  • Days on Market 72
Description

Income-Producing Fourplex in Central Pompano Beach – 5.3% Cap Rate This remodeled fourplex offers a strong investment opportunity in the heart of Pompano Beach. All four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. Each unit is separately metered for electricity, minimizing landlord expenses.The building has undergone a complete renovation, including installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. Water expenses paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:5.3% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Shingle
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 2,731Sq.Ft
  • Cooling Description Central Air, Electric
  • Floor Description Laminate
  • Heating Description Central, Electric
  • Sqft 2,731 Sq.Ft

Property Features

  • Address 715 NW 5th Ave
  • Aprox. Lot Size 2,731
  • Architectural Style Fourplex
  • City Pompano Beach
  • Construction Materials Block
  • County Broward
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Conventional
  • Lot Features Less Than Quarter Acre
  • Occupant Type Call Agent
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Pompano Beach
  • Public Survey Section Two
  • Roof Shingle
  • Sewer Description Public Sewer
  • Stories 2
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Pinewood Heights
  • Tax Amount $15,918
  • Tax Legal desc P I N E W O O D H E I G H T S23-23 B L O T3 B L K2
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Year Built Details Resale

715 NW 5th Ave

Pompano Beach, FL 33060

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Lopez & Hurst Realty, Inc.. tel: 305-814-7631

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