2721 NE 14, Pompano Beach, FL 33062
$7,400,000
Property Type:
Comm/Industry
Status:
Closed
Current Price:
$7,400,000
Last Modified:
5/17/2021
Description
Looking for a great income-producing property with great potential? 18-townhome located in the same complex under an association controlled by 1 entity. 100% currently rented long term but it could also be used as a short-term rental. The complex was built in 2016 & it includes a community pool. All homes have a gated patio and have the same floor-plan. Open floor-plan with a guest bath on the first floor complemented with 3 bedrooms + laundry room + 2 baths on the second floor + 1 car garage. Amazing location on the 14 Street Causeway less than 1 mile from the beach, restaurants, shopping, golf course, and much more. This sale includes 18 folio numbers + the association controlling the management of the complex.
More Information MLS# FX-10269686
General Property Description
For Sale: Yes
For Lease: No
Built Desc: Resale
Waterfront: No
# of Stories: 2
Total Units: 18
Type: MultiFamily (5+ Units)
Year Built: 2015
Location, Tax & Legal
Geo Area: NUS1
State/Province: FL
Tax Year: 2019
Zoning: RM-25
Real Estate Taxes: 110000
Area: 3232
County: Broward
Parcel ID: 484330470011
Street #: 2721
Street Dir: NE
Street Name: 14
Zip Code: 33062
Legal Desc: BRIDGEWATER VILLAS 181-1 LOT 1 BLK 1
Geo Lat: 26.250544
Geo Lon: -80.094667
Remarks & Misc
Directions: Go East on 14th Street Causeway in Pompano Beach, property will be in the North side on the street.
Office/Member Info
DXORIGMLNO: F10269686
DXORIGMLSID: FLL
Status Change Info
Terms of Sale: Cash
Under Contract Date: 2021-04-01
Sold Date: 2021-05-13
Sold Price: $7,400,000
Building Info
# of Tenants: 18
Type of Building
Income: 1
Unit 1
Unit Desc: 3 Bedroom
# of Units: 18
Full Baths: 2
Half Baths: 3
Avail Info
Copies of Lease: 1
Construction
Block: 1
CBS: 1
Concrete: 1
Flooring
Tile: 1
Other: 1
Terms Considered
Cash: 1
Possession
Funding: 1
Contingencies
3rd Party Approval: 1
Contract Information
Status: Closed
Original List Price: 7995000
Sold Price: $7,400,000
Current Price: $7,400,000
Listing Date: 2021-02-08
Property Features
Type of Building: Income
Construction: Block; CBS; Concrete
Avail Info: Copies of Lease
Flooring: Tile; Other
Terms Considered: Cash
Possession: Funding
Contingencies: 3rd Party Approval
Listing Office:
Compass Florida, LLC
Last Updated: May - 17 - 2021
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