715 NW 5th Ave, Pompano Beach, FL 33060

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
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715 NW 5th Ave,Pompano Beach, FL 33060
$1,089,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,731 sq. ft.
  • Multi-family
  • Active
Listed by:esthael rendon
Office:lopez & hurst realty, inc.
MLS#:A11783500
Source:SEFMLS

Price summary

  • Price:$1,089,000
  • Price per sq. ft.:$398.76

About this home

Income-Producing Fourplex in Central Pompano Beach – 5.3% Cap Rate This remodeled fourplex offers a strong investment opportunity in the heart of Pompano Beach. All four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. Each unit is separately metered for electricity, minimizing landlord expenses.The building has undergone a complete renovation, including installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. Water expenses paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:5.3% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.

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Home facts

  • Year built:1961
  • Listing Id #:A11783500
  • Updated:August 15, 2025 at 09:48 AM

Rooms and interior

  • Living area:2,731 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1961
  • Building area:2,731 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,089,000
  • Price per sq. ft.:$398.76
  • Tax amount:$15,918 (2024)
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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