Cresthaven No 11

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Documents Available: Other Available Information, Rent Rolls
• Architectural Style: Detached
• Cooling: Central Air, Other
• Heating: Central, Other
• Flooring: Other, Tile
• Construction Materials: CBS Construction, Other

Description:

Well maintained 4-unit multifamily property located in rapidly developing Pompano Beach, offering investors a rare opportunity to own a large-unit quadruplex just minutes from the beach in one of South Florida’s fastest-growing coastal markets. This property features four spacious 3-bedroom, 1-bath units totaling approximately 3,905 square feet of living space!

Each unit offers a functional layout with ceramic tile flooring, ceiling fans, and central air conditioning for comfortable living. The property has also been upgraded with impact-resistant windows, providing hurricane protection, energy efficiency, and potential insurance savings.

A major advantage for investors is that each unit has individual electric and water meters, allowing tenants to pay their own utilities, which helps keep owner operating expenses low. The property offers ample onsite parking and strong rental appeal due to its large 3-bedroom layouts, which are in high demand.

Located just minutes from the Atlantic Ocean and beaches, the property also benefits from the major redevelopment taking place throughout Pompano Beach, including new restaurants, entertainment, and residential projects near the waterfront and downtown areas.

With projected gross rental income of $125,000 annually at market rents, this property presents a prime cash-flow opportunity with long-term appreciation potential. Don't miss this opportunity!

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Listing ID: A11977765