$950,000
$1,075,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
1700 SE 2nd St #1-2 Pompano Beach, FL 33060
2,295 SqFt
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,295 sqft
Price per Sqft $413
Subdivision Pinehurst 5-13 B
MLS Listing ID F10395485
Style Duplex
Year Built 1967
Annual Tax Amount $9,125
Tax Year 2022
Property Description
Attention, Savvy Investors! Exceptional Duplex Opportunity just minutes from the beach to enhance your Investment Portfolio. This recently renovated and elegantly furnished duplex, complete with a refreshing pool, is currently operating as a successful vacation rental property. Each side of the property boasts 3 bedrooms, 2 baths, modern appliances, and hurricane-resistant windows and doors. This fully furnished gem is turnkey and primed for action. Consider living in one side while renting out the other to mitigate expenses or seamlessly continue the budding Airbnb operation. With a projected cap rate between 9-14% (see attached pro forma valuation), this is a golden opportunity you won't want to miss. Entire permitted renovation from the ground up completed in 2016.
Location
State FL
County Broward County
Area North Broward Us1 To Dixie Hwy (3311-3342)
Zoning RD-1
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Ceramic Floor
Exterior
Pool Below Ground Pool
Water Access N
Roof Type Metal Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with LoKation