For Sale
$785,000

216 12Th StPompano Beach, FL 33060

Turnkey Duplex, High Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional Pompano Beach investment opportunity presents a well-maintained duplex at 216 NW 12th St, 33060, Broward County, Florida. Built in 1991, this single-story property boasts a desirable layout featuring a 4/2 unit, a 2/1 unit, and a 1/1 unit, offering a total of seven bedrooms and four bathrooms. The property is currently configured as a three-unit building but has the potential for conversion into a four-unit building due to the presence of four separate meters. Recent upgrades include a new roof, fresh paint, and accordion shutters, ensuring both aesthetic appeal and protection. Ample parking is available for all tenants. A significant added benefit is an on-site coin-operated laundry facility generating a monthly income of $500. All current tenants are under lease agreements. This property is being offered for sale at $785,000. An adjacent property at 220 NW 12th St, containing additional units, is available as a package deal, potentially expanding the investment portfolio to a total of eight units. This turnkey investment presents a compelling opportunity for immediate income generation and future growth. The property's location in Pompano Beach, Florida, offers convenient access to local amenities and a strong rental market.

Highlights

  • $785,000 asking price.
  • Multifamily property, specifically a duplex/triplex/quadruplex apartment building.
  • Built in 1991, one-story structure.
  • Located at 216 NW 12th St, Pompano Beach, FL 33060, in Broward County.
  • Currently configured as a four-unit building (4/2, 2/1, 1/1) with potential for conversion to a five-unit building.
  • Includes on-site coin laundry generating $500 monthly income.

Property Details for 216 12Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1991
Stories
1

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.2425014
Longitude
-80.1257619
216 12Th St, Pompano Beach, Florida

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216 12Th St
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