2255 SE 5th St, Pompano Beach, FL 33062

Pompano Beach
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
2255 SE 5th St,Pompano Beach, FL 33062
$1,995,000
Virtual Tour
  • - Beds
  • - Baths
  • 5,880 sq. ft.
  • Multi-family
  • Active
Listed by: arun mohan, elior levi
Office: fausto commercial realty consultants inc786-748-7373
MLS#:A12032534
Source:SEFMLS

Price summary

  • Price:$1,995,000
  • Price per sq. ft.:$339.29

About this home

Fausto Commercial is pleased to present 2255 SE 5th Street, a 10-unit multifamily investment opportunity in the highly desirable Southeast Pompano Beach submarket. Located east of Federal Highway and minutes from the beach, Pompano Beach Pier, dining, entertainment, and retail destinations, the property benefits from strong rental demand and excellent accessibility. The property consists of 10 renovated one-bedroom, one-bathroom units within a well-maintained concrete building totaling approximately 5,880 SF. Units feature updated interiors and central air conditioning, and residents have access to an on-site coin laundry facility. The asset currently generates $209,880 in gross annual income and is offered at a 7.29% cap rate, providing strong in-place cash flow. The property offers additional upside potential through continued rental rate optimization. Market-rate rents are projected to increase gross annual income to more than $224,000, resulting in an estimated 8.0% cap...

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Home facts

  • Year built:1970
  • Listing ID #:A12032534
  • Updated:June 09, 2026 at 09:57 AM

Rooms and interior

  • Flooring:Tile
  • Living area:5,880 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1970
  • Building area:5,880 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,995,000
  • Price per sq. ft.:$339.29
  • Tax amount:$36,765 (2025)

Parking

  • Total parking spaces:11
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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