Interior
- Bathrooms
- 0
- Living area
- 2,055 sq ft
Active · Quadruplex
$1,449,000
213 Hibiscus Avenue, Pompano Beach, FL 33062
- Beds
- —
- Baths
- 0
- Living area
- 2,055 sq ft
- $ / sq ft
- $705/sq ft
- Year built
- 1951
- Lot size
- 5,600 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
RARELY AVAILABLE 4 PLEX UNIT FOR SALE JUST A FEW BLOCKS FROM THE BEACH!!!! PRIME LOCATION BETWEEN THE INTRACOASTAL AND THE OCEAN AND STEPS AWAY FROM THE NEWLY REVITALIZED POMPANO BEACH PIER FEATURING RESTAURANTS, BARS, SHOPPING, AND ATTRACTIONS. START GENERATING INCOME RIGHT AWAY!!! OWNER HAS COMPLETED OVER $250,000 IN RECENT UPGRADES ON THE PROPERTY INCLUDING INTERIOR UNITS. A GREAT INVESTMENT FOR ANYONE LOOKING TO GET INTO HOSPITALITY OR ADD TO THEIR EXISTING PORTFOLIO. GROW YOUR BUSINESS ALONGSIDE THE BOOMING TOURISM INDUSTRY OF POMPANO BEACH WHICH HAS SPENT $250 MILLION IN PUBLIC FUNDS FOR CITY-WIDE INFRASTRUCTURE, BEACH IMPROVEMENTS, AND CRA PROJECTS, TRIGGERING OVER $330 MILLION IN PRIVATE INVESTMENT PERMITS.
Property location
Get Directions213 Hibiscus Avenue, Pompano Beach, FL 33062
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Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 1951
- Lot size
- 5,600 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- F10556073
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$3,093
- Cap rate
- 3.1%
- Net yield
- 3.1%
- Cash-on-cash return
- -9.1%
- Gross yield
- 6.4%
- Mortgage payment
- $6,869/mo
- Down payment
- $362,250
- Loan amount
- $1,086,750
- Annual NOI
- $45,313
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.