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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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2275 NE 12th St , Pompano Beach, FL 33062
$4,950,000
Est. Payment: $24,983.03/mo
0 Bed
0 Bath
11165 Sqft
Status: active | Days on site: 4
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

20 Unit Multifamily Investment, East of Federal Hwy in Pompano Beach. Stabilized apartment community on two contiguous parcels totaling 18,112 SF, minutes to the beach and Intracoastal, without the added price tag of being on the barrier island. CBS construction, offering 11,16 SF across two buildings with 18 one bedroom and 2 two bedroom units. In place rents that are a bit below market, offering upside through lease renewals which can be increased through value add updating. Zoned RM-20, the site benefits from low submarket vacancy and steady rent growth, plus proximity to the downtown core redevelopment, and new luxury beachfront hotels driving workforce housing demand. It's rare to find an offering of this many units in one building in this supply constrained coastal submarket.

Highlights

Listed by Casey M Prindle , 786-443-7203 Nicklaus Vance , 561-721-2626. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.42

Year Built

1958

County

Broward

Area

3232

Listing ID

B26057380

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Ceiling Fan(s),Wall/Window Unit(s)
Fireplaces:
Floor:Tile
Other:Public

Exterior Features

Lot:<1 Acre,1/4 to 1/2 Acre Lot
Garage Capacity:25
Zoning:RM-20
Roof:Composition
Sewer:Public Sewer
Parking Features:Common
Principal Interest
$24,983
Taxes
$5,307

Home Price

$4,950,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$990,000
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:
$24,983.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $24,983.03 $5,307.25 $0.00 $30,290.28
Yearly $299,796.42 $63,687.00 $0.00 $363,483.42
Total $8,993,892.53 $1,910,610.00 $0.00 $10,904,502.53

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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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.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T02:00:00.000Z

© 2026 REALTOR Association of Greater Miami and the Beach