100 NE 5th St Pompano Beach, FL 33060, USA For Sale

  • $690,000
  • 8 beds
  • 4 baths
  • 3,036 sqft

BEDS 8 / BATHS 4
3,036 SQFT
Great property to close and start collecting rents!
Currently rented below market value with potential for HUGE increases.
Property sits on a corner lot.
All units are 2/1’s. 3 of the
4 units are rented month to month for $700 and the leased unit is rented for $650 per month.
Section 8 will pay approx.
$1,452 per unit for a total of $5,800.
Roof is 6 years old and the central A/Cs
are 4 years old.
4 separate electrical meters and 1 water meter.
Landlord pays utilities about $250 to $300 per month.
1 kitchen has been updated
but the other 3 units will need new kitchens.

Comparables Sales
Address Lot Size (sq. ft.) Living Area (sq. ft.) Beds Baths Sales Date Sold Price
100 NE 5TH ST 9,384 3,152 null null – –
1. 300 NE 4TH ST 21,281 4,684 null 7 12/9/2021 $935,000
2. 501 NE 2ND ST 23,220 2,328 5 3 7/8/2021 $790,000
3. 408 NE 4TH ST 7,667 1,722 4 2 2/18/2022 $435,000
4. 400 NE 4TH ST # 1-10 7,671 1,952 10 3 12/14/2021 $262,500
5. 612 NE 3RD AVE # 1-2 8,990 1,671 null 1 12/24/2021 $230,000
6. 621 NW 3RD AVE # A 4,889 950 null null 10/20/2021 $245,000
7. 451 SE 1ST AVE # A-B 7,501 2,826 5 3 10/21/2021 $800,000
8. 1310 NE 4TH ST # A-C 7,102 2,329 null null 2/19/2022 $585,000
9. 109 SE 11TH AVE APT 1 6,001 2,485 4 4 7/10/2021 $690,000
10. 231 SE 9TH AVE APT 1 6,469 3,162 null null 11/24/2021 $822,000

Price:
$690,000
Address:
100 NE 5th St
Pompano Beach, FL 33060
Square Feet:
3,036
Lot Size:
9,384
Bedrooms:
8
Bathrooms:
4
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1969

Call (954) 998-3366 for more details

Property Location