$7,995,000
Pompano Beach, FL 33062
MLS# FX-10269686
Status: Closed
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Property Description
Looking for a great income-producing property with great potential? 18-townhome located in the same complex under an association controlled by 1 entity. 100% currently rented long term but it could also be used as a short-term rental. The complex was built in 2016 & it includes a community pool. All homes have a gated patio and have the same floor-plan. Open floor-plan with a guest bath on the first floor complemented with 3 bedrooms + laundry room + 2 baths on the second floor + 1 car garage. Amazing location on the 14 Street Causeway less than 1 mile from the beach, restaurants, shopping, golf course, and much more. This sale includes 18 folio numbers + the association controlling the management of the complex.
Details
Contract Information
Status: Closed
Original List Price: 7995000
Sold Price: $7,400,000
Current Price: $7,400,000
Listing Date: 2021-02-08
General Property Description
Type: MultiFamily (5+ Units)
For Sale: Yes
For Lease: No
Year Built: 2015
Built Desc: Resale
# of Stories: 2
Total Units: 18
Waterfront: No
Location Tax Legal
Area: 3232
County: Broward
Parcel ID: 484330470011
Street #: 2721
Street Dir: NE
Street Name: 14
Zip Code: 33062
Legal Desc: BRIDGEWATER VILLAS 181-1 LOT 1 BLK 1
Geo Lat: 26.250544
Geo Lon: -80.094667
Status Change Info
Under Contract Date: 2021-04-01
Sold Date: 2021-05-13
Sold Price: $7,400,000
Terms of Sale: Cash
Building Info
# of Tenants: 18
Unit 1
Unit Desc: 3 Bedroom
# of Units: 18
Full Baths: 2
Half Baths: 3
Property Features
Type of Building: Income
Construction: Block; CBS; Concrete
Avail Info: Copies of Lease
Flooring: Tile; Other
Terms Considered: Cash
Possession: Funding
Contingencies: 3rd Party Approval
Listing Office: Compass Florida, LLC
Last Updated: May - 17 - 2021
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