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1021 NE 24th Ave Pompano Beach, FL 33062
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Key Details
Sold Price $1,187,500
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision 8 Condo Units
MLS Listing ID F10215970
Sold Date 05/13/21
Style Fourplex
Construction Status Resale
HOA Fees $1,698/mo
HOA Y/N Yes
Year Built 1979
Annual Tax Amount $11,628
Tax Year 2019
Property Sub-Type Fourplex
Property Description
Amazing Find In The Heart Of Pompano Beach! Own 8 Condo Units In Pompano Beach! Located About 2.5 Miles From The Beach! Building Has Shared Pool & A Total of Only 32 Units! Low HOA Fees With NO RENTAL RESTRICTIONS! Units Consist Of Seven 2 Bedroom 1 Bath Units & One 1 Bedroom 1 Bath Unit. Annual Gross Income $108,00. Projected Gross Income $133,200. Total Expenses: $32,004 Expenses Include Taxes: $11,628 Maintenance Fees: $20,376. Projected Cap Rate 8.5%
Location
State FL
County Broward County
Area North Broward Us1 To Dixie Hwy (3311-3342)
Zoning RM-02
Interior
Heating No Heat
Cooling Wall/Window Unit Cooling
Flooring Tile Floors
Exterior
Pool Below Ground Pool
Water Access N
Roof Type Comp Shingle Roof
Private Pool Yes
Building
Lot Description Less Than 1/4 Acre Lot
Story 2.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
HOA Fee Include 1698
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with The Keyes Company