350 6Th St Pompano Beach, FL 33060

This exceptional investment opportunity presents a fully stabilized 17-key motel in the thriving Pompano Beach, Florida market. Located at 350 NW 6th St, this property boasts a strong financial performance, with a Net Operating Income (NOI) of $120,000 and a compelling 13.41% capitalization rate. The asking price is $895,000. Built in 1956, the two-story building sits on an 8,049 square foot lot and is zoned TO-DPOD-TRANSIT ORIENTED, offering potential for future development or expansion. The property's current configuration includes 17 keys, providing immediate cash flow. This established motel presents a rare chance to acquire a proven performer in a desirable location. The property's strong financial metrics and prime location in Broward County, Florida, make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in the hospitality sector. The property's solid history and current performance make it a low-risk, high-reward opportunity. This is a turnkey operation ready for immediate ownership and income generation. The convenient location in Pompano Beach offers easy access to major transportation routes and local amenities.