231 SW 15th St Pompano Beach, FL $ 1,860,000
231 SW 15th St
$ 1,860,000
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231 SW 15th St

Pompano Beach, FL, 33060
$ 1,860,000
Bedrooms10 Baths8.0

Monthly Estimate*

$ 11,604

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Multi-Family Home for sale in Pompano Beach, FL

for $1,860,000 with 10 bedrooms and 8 full baths. This home was built in 1959.

GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY (plus a small office room for short term renters) IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Property under 24/7 security camera. Income 168,600.00, Cap Rate: 6.01%, NOI: $113,825.71. Don’t miss this opportunity! Offering memorandum available on request.

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Multi-Family Contingent

Price

$ 1,860,000

Bedrooms

10

Full Bath

8

Property Type

Multi-Family

Taxes

$ 24,015

Style

Year Built

1959

Town/City

Pompano Beach

County/Region

Broward

MLS | Web ID

A11755588

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Architectural Style Fourplex
Pool Features Concrete Pool
Construction Materials Block
Year Built 1959
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2024
Assoc Fee Paid Per Monthly
County Broward
Net Operating Income 116220
Operating Expense 51779
Property Type Residential Income
Contingency Pending Inspections
Subdivision Name LYONS PARK FIRST ADD
Rent Includes Pool
Full Baths 8
Status Active Under Contract
Directions I95 TO EXIT 36A - ATLANTIC BLVD EAST. TURN RIGHT ON S CYPRESS RD ~ 2.8 MILES. RIGHT AT E MCNAB RD ARRIVE AT DESTINATION ON THE RIGHT. OR -- I95 TO 33A - NE 62ND ST (CYPRESS CREEK) MAKE A LEFT ONTO NE 18TH AVE LEFT ONTO E MCNAB RD
City Pompano Beach
Zoning Description RM-20
Number Of Units Total 12
MLS Area 3342
Lot Size Units Square Feet
Listing Terms Cash
Year Built Details Resale
Tax Annual Amount 24015
MLS Area Minor Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11755588
Standard Status Active Under Contract
Occupancy Type Tenant
Total Actual Rent 168000
Property Sub Type Additional Quadruplex
Legal Description LYONS PARK FIRST ADD 40-2 B LOTS 15 16 BLK 19
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Interior
Flooring Other
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 10
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 12
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Beachfront Realty Inc

Broker

eric@florida-invest.com

Email

Affordability Calculator

$13,605
Per Month
85%
15%
0%
Monthly Principal & Interest
$11,604
Monthly Property Taxes
$2,001
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/22/2025 $1,860,000 Listed Price

Map


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231 SW 15th St, Pompano Beach, FL, 33060 is a Multi-Family Home for sale at $1,860,000. 231 SW 15th St has 10 bedrooms, 8.0 baths, and was built in 1959. The property's zip code is 33060 which is in Pompano Beach, FL