3212 NE 5th Court Pompano Beach, FL $ 825,000
3212 NE 5th Court
$ 825,000

3212 NE 5th Court Pompano Beach, FL, 33062

$ 825,000
Bedrooms Baths6.0 Sq 2,456

Monthly Estimate*

$ 3,199

How much can I afford?
3212 NE 5th Court, Pompano Beach, FL 33062 - Image 1
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Commercial Property for sale in Pompano Beach, FL

for $825,000 with 6 full baths. This 2,456 square foot building was built in 1955 on a lot size of 0.17 Acre(s).

Beautiful boutique studio apartment building within a half a block of the Atlantic Ocean and the Intracoastal Waterway. Pride of ownership shows with every detail attended to. Units have impact windows and doors and some have upgraded kitchens and floor tile. Changing the operation to Airbnb would greatly improve the CAP rate or you can leave it as is and earn a nice return with limited management. All prospective purchasers should verify seasonal operation eligibility with the city. The owner spent roughly $20, 000 to install a sophisticated french drain system to help alleviate rising water during extremely heavy rain. Located in one of the last beachfront growth areas in South Florida, this location provides an investor the ability to build equity while enjoying strong cash flow.

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Commercial Active

Price

$ 825,000

Full Bath

6

Property Type

Commercial

Taxes

$ 9,946

Style

Income

Lot Size

0.17 Acre(s)

Year Built

1955

Town/City

Pompano Beach

County/Region

Broward

MLS | Web ID

RX-10476848

Features
Interior
Appliances Smoke Detector
Cooling System Window Unit(s)
Flooring Ceramic Tile Flooring
Water Source Public Water
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Exterior
Roof Rolled Roof
Waterfront Description Access
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Miscellaneous
Commercial Sale Includes Building & Land
Documents Aerial Photo Copy of Lease Investment Analysis Photographs
Location Beach Block
Utilities Cable Electric
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Rental
Tenant Pays Cable Electric
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* Excluded Features
List By
Robert A Wainland

Listing Agent

Coldwell Banker Commercial Nrt

Broker


Affordability

$ 4,028 per month
Get Pre-Approved
Monthly Principal & Interest
$3,199
Monthly Property Taxes
$829
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% 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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3212 NE 5th Court, Pompano Beach, FL, 33062 is a Commercial Property for sale at $825,000 with 2,456 sqft and a lot size of 0.17 Acre(s). 3212 NE 5th Court has 6.0 baths and was built in 1955. The property's zip code is 33062 which is in Pompano Beach, FL