1109 NW 6th Ave Unit 1-5 Pompano Beach, FL 33060
Blanche Ely NeighborhoodEstimated payment $7,409/month
Highlights
- Garden View
- Ceiling Fan
- Vinyl Flooring
- Central Heating and Cooling System
- Fenced
About This Home
Completely restored and remodeled modern 5-unit CBS apartment building. Four 2/1's and one 1/1's. Everything was updated including A/C, Electrical, Plumbing, Floors, Hurricane Impact Windows & Doors, Fixtures, Appliances, Cabinets, Closets, etc in 2022 as part of the restoration. Everything permitted in each unit as of 2022! Features four 2br/1ba and one 1br/1ba apartment unit modern restored with everything needed to achieve maximum rents. 2br units rent for $1,900 to $1,950 and the 1br unit rents for $1,700 to $1,750 per month. Gross income at $113,400 per year! Easy to self-manage and great tenants 100% occupied since restoration completed! Great east location near everything! All 5 leases are annual and unfurnished. Seller Financing Options Available! ~7.0% cap rate at full ask price!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,751
Year Built
- Built in 1984
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,269 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Vinyl Flooring
- Garden Views
Additional Features
- Fenced
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 484235530020
Community Details
Overview
- 4 Units
- Palm Tree Subdivision
Building Details
- Operating Expense $32,252
- Net Operating Income $81,148
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | Price Changed | $1,125,000 | -4.3% | $344 / Sq Ft |
| 10/13/2025 10/13/25 | Price Changed | $1,175,000 | -2.1% | $359 / Sq Ft |
| 09/06/2025 09/06/25 | Price Changed | $1,200,000 | -2.0% | $367 / Sq Ft |
| 08/11/2025 08/11/25 | Price Changed | $1,225,000 | -2.0% | $375 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $1,250,000 | -3.0% | $382 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $1,289,000 | -4.5% | $394 / Sq Ft |
| 05/16/2025 05/16/25 | For Sale | $1,350,000 | -- | $413 / Sq Ft |
Source: BeachesMLS
MLS Number: R11091478
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