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1 Bed 1 Bath Multifamily

401 Hibiscus Ave.,
FL, 33062, United States
748,000 For Sale
Multifamily
  • 190
  • 0
  • 4 Bedrooms
  • 4 Bathrooms
  • 3,568 SF sq ft

Description

This well kept income producing apartment building for sale in Pompano Beach is a great investment property.

This income producing four-plex is located close to intracoastal, I-95 and beaches. The buildings ideal location is just blocks from the North Broward Ocean to Intracoastal and within walking distance to Beach boardwalk, groceries, retail, schools and more.

This apartment building for sale in Pompano Beach has four units of 1 bedroom / 1 bathroom each. The apartments have carpeted and ceramic floor and Wall/Window unit cooling in a Concrete Block Construction with Two (2) parking spaces per unit.

The property is currently 100% occupied by very good tenants. The income from the current rents makes this a great investment that offers a strong and reliable return for any buyer. This multifamily building has been approved by the city to build up to 5-stories thus making it a perfect opportunity for a developer.

Demographics

Population:
24,473 1-mile radius
166,754 3-mile radius
382,269 5-mile radius

Avg Household Income:
$70,573 1-mile radius
$58,647 3-mile radius
$54,505 5-mile radius

Amenities

No amenities.

Additional Information

Zoning: RM-30
Year Built: 1948
Parking Description: 2 parking spaces per unit

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