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200 14th Street Nw
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PRICED AT ONLY: $889,000

Address: 200 14th Street Nw, Pompano Beach, FL 33060

Description

Investors! Residential building with five (5) units located in pompano beach, florida! Consisting of four (4) 2 bedroom 1 bathroom units (rented at $1,400) and one (1) 1 bedroom 1 bathroom unit (rented at $1,228). New hvac in 2023, city water and sewer, 5 separate electric meters. Bathrooms remodeled in 2023. Other interior upgrades vary by unit. Currently rented at $1400. All rents are below rental market value and 4 of the 5 tenants are on a month to month basis! Identical unit next door 210 nw 14th st not listed but sellers are open to selling both units as a package deal! 10 units in total. This in an excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied. Please do not disturb the tenants.

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  • MLS#: RX-11037151 ( Quad Plex )
  • Street Address: 200 14th Street Nw
  • Viewed: 18
  • Price: $889,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 0
  • Days On Market: 128

Description

Investors! Residential building with five (5) units located in pompano beach, florida! Consisting of four (4) 2 bedroom 1 bathroom units (rented at $1,400) and one (1) 1 bedroom 1 bathroom unit (rented at $1,228). New hvac in 2023, city water and sewer, 5 separate electric meters. Bathrooms remodeled in 2023. Other interior upgrades vary by unit. Currently rented at $1400. All rents are below rental market value and 4 of the 5 tenants are on a month to month basis! Identical unit next door 210 nw 14th st not listed but sellers are open to selling both units as a package deal! 10 units in total. This in an excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied. Please do not disturb the tenants.
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Features
Building and Construction
  • Absolute Longitude: 80.125266
  • Construction: CBS, Stucco
  • Exterior Features: None
  • Flooring: Ceramic Tile
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 3246.00
  • Total Building Sqft: 3246.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection Other Protection: Partial
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central
  • Heating: Central
  • Number Of Stories: 1.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Utilities: Electric, Public Water, Cable
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 158000.00
  • Income Expenses Annual Total Expense: 10000.00
  • Income Expenses Gross Operating Inc: 168000.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electric, Cable
Other Features
  • Avail Info: Leases, Appraisal, Accounting, Deposit Security
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: POMPANO TERRACE 10-11 B LOT 11 E1/2, 12 BLK 11
  • Multiple Ofrs Acptd: Yes
  • Parcel Id: 484235290374
  • Possession: At Closing
  • Views: 18
  • Zoning: RM-20
Nearby Subdivisions
Avondale   Cypress Cove   Cypress Cove 43-24 B   Cypress Creek Estates Sec   Fairview Amd 10-25 B   Garden Isles Sec 2   Garden Isles Sec 2 49-6 B   J W Neeleys   Lyons Park First Add 40-2   Monticello Park Amended Plat   Ocean Drive Estates 8-2 B   Pine Crest Amd 7-13 B   Pinehurst   Pinehurst 5-13 B   Pompano Terrace   Sec 35-48-42   Sylvania   Westfield Sec B  
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  3. kevin@fclrealestate.com
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