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Map
$850,148*
●
Multifamily -
Off Market
715 NW 5th Ave
Pompano Beach, FL 33060
Studio
0 Bath
2731 Sqft
$743,000 - $907,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Opportunity Zone newly renovated cash-flowing investment property.
Four 2/1 units fully renovated with year leases. 8% Cap Rate. See
accurate financials below. Featuring all new central ACs, updated
electrical, impact windows (last ones currently being installed)
and impact doors, replaced old cast iron piping with new PVC,
installed new copper water piping, replaced wood beam rafters and
structural sub-flooring for the second level. Interiors upgraded as
well with new kitchens, bathrooms, etc.Gross Annual Income:
$85,200NOI: $70,126Monthly Rents are:#1 $1,600#2 $1,800#3 $1,600#4
$1,800Annual Expenses:Taxes - $7,573Insurance - $4,741Water and
Sewer - $2,760Brand new coin operated washer and dryers are
generating an extra $300 positive cash flow per month.
The manager has listed the unit size as 2731 square feet.
The manager has listed the unit size as 2731 square feet.
Unit Size
2,731Ft²
Days on Market
-
Land Size
-
Price per sqft
$302
Property Type
Multifamily
Property Taxes
$631
HOA Dues
-
Year Built
1954
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2023 | Sold to Helen Huanling Zhang, Ruwen... | $330,000 | |
| Sold to Helen Huanling Zhang, Ruwen... | |||
| Mar 18, 2023 | No longer available | - | |
| No longer available | |||
| Oct 17, 2022 | In contract | - | |
| In contract | |||
| Aug 16, 2022 | Price Decreased |
$825,000
↓ $45K
(5.2%)
|
|
| Price Decreased | |||
| Jul 30, 2022 | Price Decreased |
$870,000
↓ $5K
(0.6%)
|
|
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
715 NW 5th Ave
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/25/2022
|
|
Studio
|
-
|
2731 ft²
|
$875,000
Studio
-
2731 ft²
|
-
-
|
-
|
Trevor Talbot
Atlas Investment R.E., Inc.
|
|
01/08/2019
|
|
Studio
|
-
|
3161 ft²
|
$350,000
Studio
-
3161 ft²
|
-
-
|
-
|
-
|
Building Info
