request_info_guest false

Ocean Drive Estates

$850,000

Pompano Beach, FL 33060

Active
Last Updated: 04/23/2025

58,000

NOI

2,400 sqft

Building Size

Details:
NOI:    $58,000
Building Size:    2,400 sqft
Units:    4
Year Built:    1971
Floors:    1
Parking Spots:    4
Gross Leaseable Area:    2,400
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Copy Of Lease(S)
  • Architectural Style: Attached
  • Cooling: Wall/Window Unit(s)
  • Heating: Other
  • Flooring: Tile
  • Construction Materials: Concrete Block Construction
Description:

Investor's dream. 4 units each 1bed 1 bath. Fully rented to excellent tenants, yearly leases with Security Deposits. tenants pay for electric and internet. New high impact windows. Washer Dryer lease. 4 tandem parking spaces. Gross rent $74,700 yr. Owner's expenses: water $3840, lawn $600, real estate taxes 2024 $10955.52. Located a few blocks away from the prestigious KOI Residences and Marina, a mere 1.6 miles from the beach, close proximity to parks, golf courses, shopping, dining and entertainment. Tons of recent and up and coming redevelopments in the area. Please do not disturb tenants.

Map:
Location
Gallery