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2051 NE 25th Ave, Pompano Beach, FL, 33062

4beds
4baths
2,483sqft
$799,000
$322price/sqft
$7,294/moest. monthly cost
$291,760/yrincome needed

About This Home

Investor Opportunity East of Federal Hwy - Located just 5 minutes to the beach and approx. 7 minutes to Old Town Pompano, an area experiencing significant redevelopment with new restaurants, retail, and mixed-use projects. Conveniently close to Pompano City Mall, shopping, dining, and entertainment. Turnkey investment opportunity in one of South Florida’s fastest-growing markets. The property is currently generating $5,950/month in rental income, inclusive of utilities, with all units occupied. Current leases run through October/November, with one studio operating on a month-to-month basis, providing some flexibility for a future owner. Each of the two existing 1-bed/1-bath units features in-unit washer/dryers, private patios, and separate backyard spaces, which helps support strong rental demand, particularly to tenants with pets. One of the more attractive aspects of the property is the future upside and reconfiguration potential. By enclosing the existing carport spaces, a Buyer could convert the property into four true 1-bedroom/1-bath units, significantly increasing rental appeal and long-term income potential. Another option could be re-configuring the layout into two larger 2-bed/2-bath residences. Overall, it presents a strong opportunity for an investor looking for immediate cash flow with additional upside through improvements and repositioning. Showings will be granted upon submission of a written, signed “As-Is” contract along with proof of funds or pre-approval.

Getting Around

71
WalkingVery Walkable
35
TransitSome Transit
67
BikeBikeable

Schools

6/10
4/10

Construction

Condition

  • Year built: 1965

Materials

  • Roof: Shingle
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric,Window/Wall
  • Cooling features: Ceiling Fan(s),Central Air,Other,Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,483
  • Total interior livable area: 2,483 sqft

Property

Details

  • Parcel number: 484330000182
  • Zoning: RD-1

Features

  • Stories: 1

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 6