2275 NE 12TH ST, Pompano Beach, FL 33062
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11,165 SqFt
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2275 NE 12TH ST Pompano Beach, FL 33062

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Dylan Snyder

Dylan Snyder

+1(561) 951-9301

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,165 sqft

MLS Listing ID B26057380

Construction Status Resale

HOA Y/N No

Year Built 1958

Annual Tax Amount $63,687

Tax Year 2025

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Multi Family

Sub Type Multi Family

Property 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.

Location

State FL

County Broward

Area 3232

Direction North of Atlantic east of US 1 on 12th St

Region Pompano Beach

City Region Pompano Beach

Interior

Heating Electric, Wall Furnace

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Tile

Fireplace No

Exterior

Parking Features Common

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Composition

Accessibility None

Total Parking Spaces 25

Roof Composition

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Resale

Others

Pets Allowed No

Tax ID 484330200090

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/2275-NE-12TH-Street-Pompano-Beach-FL-33062/unbranded

BeachesMLS, Inc. (FLR) VOW
Listed by Casey M Prindle Nicklaus Vance

NEARBY SCHOOL & BUSINESS

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Dylan Snyder

Dylan Snyder

Agent | SLSL698137

+1(561) 951-9301

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2275 NE 12TH ST

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