
$970,000
Apartment for Sale, 1109 NW 6th Ave, Pompano Beach, Florida 33060
- MLS#A12058467
304 m² (3,269 ft²)
Listed By Fausto Commercial Realty Consultants Inc
The Apartment for Sale located at 1109 NW 6th Ave, Pompano Beach, Florida 33060 is currently for sale.
Description
Fausto Commercial is proud to present this turnkey, fully renovated multifamily investment opportunity in the heart of Pompano Beach. This exceptional income-producing property features 5 units with an ideal unit mix of four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, generating over $113,000 in annual gross income with additional upside, creating an attractive 8%+ cap rate opportunity.
The property has undergone a complete renovation, including updated plumbing, updated electrical, central A/C throughout, and impact-resistant windows and doors. Renovated interiors feature modern kitchens and bathrooms, new flooring, updated fixtures, fresh paint, and contemporary lighting, while exterior improvements enhance curb appeal and minimize future maintenance, making this a true turnkey investment.
Located in one of South Florida's fastest-growing submarkets, the property benefits from Pompano Beach's ongoing transformation, including the $2 billion Downtown Pompano Beach redevelopment and nearby luxury developments that continue to attract new residents and investment. With strong in-place income, significant capital improvements, and long-term appreciation potential, this is an outstanding opportunity to acquire a stabilized multifamily asset in one of Broward County's most dynamic rental markets.
Location
1109 NW 6th Ave, Pompano Beach, Florida 33060
Property features
Property
- Property size:
304 m² (3,269 ft²)
Construction
- Year built: 1984
- Roofing: Shingle
- Construction: Cbs ConstructionConcrete/Block
Heating and Cooling
- Heating System: Central
- Cooling System: Central AC
Utilities
- Other utilities: Public Sewer