2301 NE 16th St

    Pompano Beach, FL 33062
    • $1,650,000
    • STATUS: Active Under Contract
    • ON SITE: 226 days
    • MLS #: F10165975
    Under Contract
    UPDATED: 81 min ago
    $1,650,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1969
    County:
    Area:

    School Ratings & Info

    Description

    2-Story 13,000 SF Mixed-Use Retail/Residential Building consisting of: 4-Retail Stores (5,180sf), 8-Rental Apartments. (on 2nd floor), and 2-Storage Units, 900 SF. *Over 7%+ CAP RATE AT LIST PRICE* Current Gross Annual Income: $192,500. Projected Gross Annual Income: $207,900. *Projected Net Operating Income: $135,000. (To Be Verified by Buyer). Front & Rear Parking. Building in Very Good Condition. Visible from Federal Highway. 1-Tenant on a lease, all others Mo-Mo. with Upside Potential in Rents. Many Long-term Tenants, 5-20+ Years. See attachments for property flyer **IMPORTANT DO NOT DISTURB THE TENANTS. SHOWINGS & INSPECTIONS TO BE SCHEDULED WITH LISTING BROKER.***

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    Listing information © 2019 Greater Fort Lauderdale REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or The O'Flaherty Team. Data last updated: 2019-10-20T19:18:00.123.

    www.oflahertyteam.com/homes/92454059

    2301 NE 16th St Pompano Beach, FL 33062

    • Price: $1,650,000
    • Status: Active Under Contract
    • Updated: 81 min ago
    • MLS #: F10165975
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1969
    Built
    Neighborhood:
    3231
    County:
    Broward
    Area:
    3231
    Property Description
    2-Story 13,000 SF Mixed-Use Retail/Residential Building consisting of: 4-Retail Stores (5,180sf), 8-Rental Apartments. (on 2nd floor), and 2-Storage Units, 900 SF. *Over 7%+ CAP RATE AT LIST PRICE* Current Gross Annual Income: $192,500. Projected Gross Annual Income: $207,900. *Projected Net Operating Income: $135,000. (To Be Verified by Buyer). Front & Rear Parking. Building in Very Good Condition. Visible from Federal Highway. 1-Tenant on a lease, all others Mo-Mo. with Upside Potential in Rents. Many Long-term Tenants, 5-20+ Years. See attachments for property flyer **IMPORTANT DO NOT DISTURB THE TENANTS. SHOWINGS & INSPECTIONS TO BE SCHEDULED WITH LISTING BROKER.***
    Exterior Features

    Approximate Lot Size 19564 Construction Type Cbs Construction Improvement Height 2 Stories Location Of Property Central Business DistrictNear SeaportIn Residential Area Parking Description Free Parking Parking Spaces 20 Roof Description Metal Roof Style Of Property Income Non-Waterfront Type Of Property Commercial Waterfront Property YN No

    Interior Features

    Floor Description Tile Floors

    Property Features

    Electric Service Other Electric Environmental Audit Unknown Geographic Area North Broward Intracoastal To Us1 (3211-3234) Information Available Financial StatementRent Rolls Occupancy Information Call Listing Agent Property Sq Ft 11785 REO No Short Sale No Tax Amount 29337 Tax Year 2018 Type Of Building Commercial/Residential IncomeRetail Space Unit Count 0 Year Built Description New Construction Zoning Information B-3

    This listing is courtesy of Dwell Residential Real Estate.


    Listing information © 2019 Greater Fort Lauderdale REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or The O'Flaherty Team. Data last updated: 2019-10-20T19:18:00.123.

     
    The O'Flaherty Team
    3696 North Federal Highway Suite 101
    Fort Lauderdale FL, 33308