325 NW 11th St Pompano Beach, FL 33060

Located in the center of Pompano NW CRA as well as in the Opportunity Zone! The site is about 2.8 Acres / 123,000 sq,ft of mostly cleared land and consisting of 16 folios. The current owner obtained building permits approvals for 4 duplexes as well as initial city approval for, each unit is 4 bedrooms and 2.5 bathrooms, each unit can be easily rented once completed for about $2350 So the total site will hold 4 duplexes (8 units) and will generate approx. $225,000 gross income. (Impact fees already paid for)
Single Family Homes- Each home is 1600 SF consisting of 4 bedrooms and 3 bathrooms and can be easily rented once completed for about $2600 So the total site will generate approx. $375,000 gross income.