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325 NW 11th St,  Pompano Beach FL, 33060

(Active)
$1,800,000
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MLS# F10278056
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Last Updated: 4/21/2021 6:14 PM
Description for 325 NW 11th St Pompano Beach, FL 33060
Located in the center of Pompano NW CRA as well as in the Opportunity Zone! The site is about 2.8 Acres / 123,000 sq,ft of mostly cleared land and consisting of 16 folios. The current owner obtained building permits approvals for 4 duplexes as well as initial city approval for, each unit is 4 bedrooms and 2.5 bathrooms, each unit can be easily rented once completed for about $2350 So the total site will hold 4 duplexes (8 units) and will generate approx. $225,000 gross income. (Impact fees already paid for) Single Family Homes- Each home is 1600 SF consisting of 4 bedrooms and 3 bathrooms and can be easily rented once completed for about $2600 So the total site will generate approx. $375,000 gross income.
Price
$1,800,000
Annies 172-77 B
Broward County
F10278056
Active
Description
Located in the center of Pompano NW CRA as well as in the Opportunity Zone! The site is about 2.8 Acres / 123,000 sq,ft of mostly cleared land and consisting of 16 folios. The current owner obtained building permits approvals for 4 duplexes as well as initial city approval for, each unit is 4 bedrooms and 2.5 bathrooms, each unit can be easily rented once completed for about $2350 So the total site will hold 4 duplexes (8 units) and will generate approx. $225,000 gross income. (Impact fees already paid for) Single Family Homes- Each home is 1600 SF consisting of 4 bedrooms and 3 bathrooms and can be easily rented once completed for about $2600 So the total site will generate approx. $375,000 gross income.
Listing Information
Property Type: Land, Other
2.8 Acres
Annies 172-77 B
0
Neighborhood
Room Information
Exterior / Lot Features
RD-1
Financial Considerations
$888
Listing Price History

Pompano Beach Real Estate

Pompano Beach is located in Florida. Pompano Beach, Florida 33060 has a population of 108,223.

The median household income in Pompano Beach, Florida 33060 is $42,697. The median household income for the surrounding county is $55,443 compared to the national median of $57,525. The median age of people living in Pompano Beach 33060 is 42 years.

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Courtesy: Capital Group Rlty 2004 LLC
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2021 Realtor Association of Greater Ft. Lauderdale. All rights reserved.
This content last refreshed on 4/21/2021 6:14 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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