3405 Norfolk StPompano Beach, FL 33062

Property Details for 3405 Norfolk St

Year built

1976

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional fourplex in desirable Hillsboro Shores, Pompano Beach, Florida, presents a lucrative investment opportunity. Located east of A1A, this 1-story, 1976-built property boasts four units, each featuring two bedrooms and two bathrooms, private laundry, and a patio. The meticulously landscaped, fenced property includes a heated pool, patio, and barbecue areas, enhancing its appeal to renters. All units have undergone complete renovations, incorporating impact windows and doors for enhanced security and energy efficiency. The entire complex operates on solar power, minimizing operating costs and maximizing environmental responsibility. Currently generating income as a short-term rental, the property enjoys a full booking schedule through May 2025, with all units receiving five-star reviews. The property is fully furnished and equipped to meet all guest needs, and all necessary short-term rental licenses are in place. A private beach membership is also available. The asking price for this turnkey investment is $2,400,000. Located at 3405 Norfolk St, Pompano Beach, FL 33062, this property offers a unique blend of location, amenities, and income potential. This is a rare opportunity to acquire a high-performing, well-maintained multifamily property in a highly sought-after area.

Location Insight

City

Pompano Beach

County

Broward

State

Florida

Latitude

26.2591

Longitude

-80.0863

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