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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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700 SW 8th St , Pompano Beach, FL 33060
$520,000
Est. Payment: $1,155.56/mo
6 Bed
2 Bath
1872 Sqft
Status: Active | Days on site: 84
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FLL278013216 - FLL3365882
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Don't miss this rare opportunity to acquire a duplex on a .3663-acre R-20 multifamily-zoned lot in the heart of Pompano Beach. The property consists of 2 separate 3-bed, 1-bath buildings connected by a covered breezeway/carport & is currently occupied by long-term month to month tenants paying below-market rents. This is an ideal value-add opportunity for experienced investors seeking to increase cash flow through renovation & future rent growth. Property requires substantial renovation, including kitchens, bathrooms, flooring, windows, HVAC systems, other deferred maintenance. The oversized lot offers future redevelopment potential with zoning allowing multifamily density of up to 8 units. Close to I-95 & less than 4 miles from the Pompano Beach Pier. Sellers welcome all serious Offers.
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Highlights

Listed by Cynthia L Heelan , 954-288-5851 Keller Williams Realty Consult , 954-688-5400.

Property Type

Multi-Family
Lot/Acreage
0.37

Year Built

1950

County

Broward

Area

3431

 Neighborhood

Fairview Amended Plat

Listing ID

B26041945

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:
Air Cond:Electric,Wall/Window Unit(s)
Fireplaces:
Floor:Concrete
Other:
  • ▪ Additional:Main Living Area Entry Level
Water:Public

Exterior Features

Lot:<1 Acre,Oversized Lot,1/4 to 1/2 Acre Lot
Zoning:RM-20
Roof:Composition,Shingle
Others:
  • ▪ Additional:Courtyard, Patio, Room For Pool
Sewer:Public Sewer
Principal Interest
$1,156
Taxes
$484

Home Price

$520,000

Loan Details

30 yrs
%

Down Payment

20%
$104,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,155.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,155.56 $483.58 $0.00 $1,639.14
Yearly $13,866.67 $5,803.00 $0.00 $19,669.67
Total $416,000.00 $174,090.00 $0.00 $590,090.00

Today's Rates

30 Year

0%

20 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Pompano Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.