Overview
Closing Costs Calculator- Status: Closed
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 2,456 ft2/228.17 m2
- Price Per: $335.91 ft2/$3,615.73 m2
- Type: Commercial/Investment
- Built: 1955
- HOA: No info
- MLS Number: RX-10476848
- View No info
- On Site: 1,831 days
- Updated: 1831 Days Ago
- Page Views: 2
Beautiful boutique studio apartment building within a half a block of the Atlantic Ocean and the Intracoastal Waterway. Pride of ownership shows with every detail attended to. Units have impact windows and doors and some have upgraded kitchens and floor tile. Changing the operation to Airbnb would greatly improve the CAP rate or you can leave it as is and earn a nice return with limited management. All prospective purchasers should verify seasonal operation eligibility with the city. The owner spent roughly $20,000 to install a sophisticated french drain system to help alleviate rising water during extremely heavy rain. Located in one of the last beachfront growth areas in South Florida, this location provides an investor the ability to build equity while enjoying strong cash flow.
Have Questions?Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
03/22/2019 | Sold | $775,000.00 | 6.1% | $315.55 ft2/$3,396.59 m2 |
10/30/2018 | Listed | $825,000.00 | $335.91 ft2/$3,615.73 m2 |
Features
Property Details for 3212 NE 5th, Pompano Beach, FL 33062
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Other
- Cooling Description: No info
- Building and Construction
- Floor Description: Ceramic Tile
- Windows/Treatment: No info
- Construction Type: Cbs
- Year Built: 1955
- Waterfront and Water Access
- Waterfront Property: Yes
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Commercial/Investment
- Property Subtype: Commercial Industrial
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 10/30/2018
- Closing Date: 03/22/2019
- Area: 3113
- Brokered By: Coldwell Banker Commercial NRT
- Legal Description: BLUE SEAS 27-28 B LOT 9
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $9,946.00 (2017)
- Type of building: Income, Resident. Multi-fam.
- Occupancy Information: No info
- Occupancy Percentage: No info
- Property Type Description: 6 M U L T I F A M I L Y U N I T S
- Parking Description: No info
- Parking Spaces: No info
- Number of Units: 6
- Number of Floors: No info
- Number of Stories: 1
- Zoning Information: R M-45
- Total Acreage: 0.17
- Acreage Description: No info