$1,015,000
Pompano Beach, FL 33060
MLS# A12058451
3269 sqft
1 / 32
Property Description
Fausto Commercial is proud to present this turnkey, fully renovated multifamily investment opportunity in the heart of Pompano Beach. This exceptional income-producing property features 5 units with an ideal unit mix of four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, generating over $113,000 in annual gross income with additional upside, creating an attractive 8%+ cap rate opportunity.The property has undergone a complete renovation, including updated plumbing, updated electrical, central A/C throughout, and impact-resistant windows and doors. Renovated interiors feature modern kitchens and bathrooms, new flooring, updated fixtures, fresh paint, and contemporary lighting, while exterior improvements enhance curb appeal and minimize future maintenance, making this a true turnkey investment.Located in one of South Florida's fastest-growing submarkets, the property benefits from Pompano Beach's ongoing transformation, including the $2 billion Downtown Pompano Beach redevelopment and nearby luxury developments that continue to attract new residents and investment. With strong in-place income, significant capital improvements, and long-term appreciation potential, this is an outstanding opportunity to acquire a stabilized multifamily asset in one of Broward County's most dynamic rental markets.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-07-22
Status: Active
Original List Price: 1015000
List Price: $1,015,000
Current Price: $1,015,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Pompano Beach
Postal Code: 33060
Geographic Area: NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Subdivision Number: 53
Flood Zone: X
Country: United States
Street Number: 1109
Street Direction Prefix: NW
Street Name: 6th
Street Suffix: Avenue
Unit Number: 15
State Or Province: FL
Postal Code +4: 5323
Area: 3423
Parcel Number: 484235530020
Zoning: RM-20
General Property Information
Number Of Units Total: 5
Occupant Type: Tenant
Lot Size Area: 9831
Property Sub Type: Multi Family
Building Area Main: 3269
Year Built: 1984
Lot Size Acres: 0.23
Office/Member Information
DXORIGMLSID: SEF
Flooring
Other: 1
Documents Available
Copy Of Lease(s): 1
Other Available Information: 1
Rent Rolls: 1
Tenant Pays
Electricity: 1
Interior Electric: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Heating
Central Individual: 1
Construction Materials
Block: 1
CBS: 1
Other: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Shingle: 1
Description of Unit Type 1
Unit Type: 1 Bedroom
Units Total: 1
Beds Total: 1
Description of Unit Type 2
Unit Type: 2 Bedroom
Units Total: 1
Beds Total: 2
Cooling
Central Individual: 1
Description of Unit Type 3
Unit Type: 2 Bedroom
Units Total: 1
Beds Total: 2
Description of Unit Type 4
Unit Type: 2 Bedroom
Units Total: 1
Beds Total: 2
Description of Unit Type 5
Unit Type: 2 Bedroom
Units Total: 1
Beds Total: 2
Showing Requirements
Call Listing Agent: 1
Price Calculations
Current Price To SqFt: 310.49
Section Details
Parcel Number MLX: 0020
Financial Information
Tax Annual Amount: 18815
Tax Legal Description: PALM TREE PLAT 119-23 B LOT 2
Status Change Information
Major Change Timestamp: 2026-07-22T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-22
Originating Details
Originating System Key: 534918031
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Other Available Information; Rent Rolls
Flooring: Other
Heating: Central Individual
Possession: Close Of Escrow; Negotiable
Tenant Pays: Electricity; Interior Electric
Construction Materials: Block; CBS; Other
Cooling: Central Individual
Listing Terms: Cash; Conventional
Roof: Shingle
Showing Requirements: Call Listing Agent
Listing Office: Fausto Commercial Realty Consultants Inc
Last Updated: July - 23 - 2026
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 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

