Investor's dream. Renovated Fourplex 2 beds 1 bath. Owner spent over $33,000 in repairs. All units rented to excellent paying tenants $1800/unit. Security Deposit for each unit is $1800, total 4 units Sec Deposits $7200. Gross annual rent $86,400. 3 leases expire Oct 31st 2024 1 lease expires Feb 15th 2025. Owner's Expenses: water $4,800, insurance $2,500, lawn $1200, real estate tax for 2023 $14,483. Roof replaced in 2020. Tenants pay power. No laundry room. Great location in Pompano Beach, close to Atlantic Blvd. and highways. Please do not disturb tenants.
The median home value in Pompano Beach, FL is $355,000. This is higher than the county median home value of $266,700. The national median home value is $219,700. The average price of homes sold in Pompano Beach, FL is $355,000. Approximately 39.56% of Pompano Beach homes are owned, compared to 35.37% rented, while 25.07% are vacant. Pompano Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pompano Beach real estate agent to arrange a tour today!
Pompano Beach, Florida has a population of 107,542. Pompano Beach is less family-centric than the surrounding county with 21.08% of the households containing married families with children. The county average for households married with children is 29.07%.
The median household income in Pompano Beach, Florida is $44,756. The median household income for the surrounding county is $54,895 compared to the national median of $57,652. The median age of people living in Pompano Beach is 42 years.
The average high temperature in July is 89.4 degrees, with an average low temperature in January of 58.7 degrees. The average rainfall is approximately 63.1 inches per year, with 0 inches of snow per year.