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Buy a multi-family propertyat 431 19th Avenue Unit 1-4, Pompano Beach, FL 33060

$2,100,000

$2,300,000 (-8.7%)

$0/mo

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Multifamily

3,163 Sq. Ft.

3,163 Sq. Ft. lot

651 Days on market

RX-10818404 MLS ID

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About 431 19th Avenue Unit 1-4 multi-family property

INVESTORS DREAM! Awesome opportunity to own this lovely waterfront investment property. The main house consists of 3 bedrooms and 2.5 baths along with an additional 3,1 bedroom 1 bath units for rent or Air BNB to provide for rental income. Resort style backyard with waterfront view that allows for ocean access with one fixed bridge. There is also a 70' dock space available to park your boat. All units are rented and the main house is occupied by the owner, who will be vacating upon closing. All units including the main house have impact windows. Main house has central A/C.
INVESTORS DREAM! Awesome opportunity to own this lovely waterfront investment property. The main house consists of 3 bedrooms and 2.5 baths along with an additional 3,1 bedroom 1 bath units for rent or Air BNB to provide for rental income. Resort style backyard with waterfront view that allows for ocean access with one fixed bridge. There is also a 70' dock space available to park your boat. All units are rented and the main house is occupied by the owner, who will be vacating upon closing. All units including the main house have impact windows. Main house has central A/C.

Property details

Listing

Source: Palm Beach

Listing date: 2022-07-20

REO: No

Short sale?: No

$664 per square foot

Bathrooms

Unit 1 has 2 full bathrooms

Unit 1 has 1 half bathroom

Unit 2 has 1 full bathroom

Unit 3 has 1 full bathroom

Unit 4 has 1 full bathroom

Bedrooms

Unit 1 has 3 bedrooms

Unit 2 has 1 bedroom

Unit 3 has 1 bedroom

Unit 4 has 1 bedroom

House

3,163 total living square feet

3,163 total square feet

Built in 1961

2 stories

4 units in building

Year built description: Resale

Square footage source: Tax Rolls

Unit 1 is 1,363 square feet

Unit 2 is 600 square feet

Unit 3 is 600 square feet

Unit 4 is 600 square feet

CBS

A/C Unit

Dishwasher

Disposal

Electric Meter

Kitchen

Microwave

Range - Electric

Refrigerator

Washer

A/C Unit

Dishwasher

Kitchen

Microwave

Dishwasher

Kitchen

Microwave

Refrigerator

Dishwasher

Kitchen

Microwave

Refrigerator

Cooling

Other

Exterior Features

Auto Sprinkler

Fence

Floors

Tile

Heating

Other

Interior Features

Unit 1 furnished?: No

Unit 2 furnished?: No

Unit 3 furnished?: No

Unit 4 furnished?: No

Location

County: Broward

Subdivision: CYPRESS COVE

Lot

8,250 lot square feet

< 1/4 Acre

Miscellaneous

Business type: None

Unit 1 monthly income: $2,500

Unit 2 monthly income: $1,200

Unit 3 monthly income: $1,200

Unit 4 monthly income: $1,200

Gross operating income: $73,200

Annual total expense: $18,200

Annual net operating income: $55,000

Cable

Electric

Cash

Conventional

Parking

Space Parking

Space Parking

Space Parking

Space Parking

Pool

Inground

Property

Property type: B

Zoning: residential

Waterfront: Yes

Water frontage: 40

Private Dock

Canal

Interior Canal

Ocean Access

One Fixed Bridge

Seawall

Roof

Flat Tile

Taxes

Real estate taxes: $8,164

Tax year: 2021

Homestead

Utilities

0.00 meter

Cable

Monthly cost

Estimated monthly cost

$13,610/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Schools

This home is within the Broward.

Pompano Beach & Fort Lauderdale enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,974,000

+$63,000

$2,037,000

Seller agent commission$63,000 (3%)*

$0 (0%)

Buyer agent commission$63,000 (3%)*

$63,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $63,000 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: Jul 14, 2023 at 10:57 a.m.

Courtesy of Balistreri Real Estate Inc
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Listing Information © 2024 BeachesMLS, Inc. All Rights Reserved.

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