2275 NE 12th St Pompano Beach, FL 33062
Avalon Harbor NeighborhoodEstimated payment $31,642/month
Highlights
- 0.42 Acre Lot
- Tile Flooring
- Heating System Mounted To A Wall or Window
- No HOA
- Ceiling Fan
About This Home
20 Unit Multifamily Investment, East of Federal Hwy in Pompano Beach. Stabilized apartment community on two contiguous parcels totaling 18,112 SF, minutes to the beach and Intracoastal, without the added price tag of being on the barrier island. CBS construction, offering 11,16 SF across two buildings with 18 one bedroom and 2 two bedroom units. In place rents that are a bit below market, offering upside through lease renewals which can be increased through value add updating. Zoned RM-20, the site benefits from low submarket vacancy and steady rent growth, plus proximity to the downtown core redevelopment, and new luxury beachfront hotels driving workforce housing demand. It's rare to find an offering of this many units in one building in this supply constrained coastal submarket.
Listing Agent
Casey Prindle
Keller Williams Realty Profess License #3223583 Listed on: 07/28/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $63,687
Year Built
- Built in 1958
Lot Details
- 18,112 Sq Ft Lot
Home Design
- Slab Foundation
- Composition Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 11,165 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Tile Flooring
- Fire and Smoke Detector
Parking
- 25 Parking Spaces
- Common or Shared Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
- 220 Volts
Listing and Financial Details
- Assessor Parcel Number 484330200090
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 20 Units
Building Details
- Gross Income $397,200
- Net Operating Income $260,517
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $31,879 | $1,441,950 | ||
| 2025 | -- | $1,310,870 | ||
| 2024 | $26,212 | $1,310,870 | $81,860 | $1,051,670 |
| 2023 | $26,212 | $1,083,370 | $0 | $0 |
| 2022 | $22,779 | $984,890 | $0 | $0 |
| 2021 | $20,697 | $895,360 | $81,860 | $813,500 |
| 2020 | $19,978 | $875,140 | $81,860 | $793,280 |
| 2019 | $20,115 | $875,140 | $81,860 | $793,280 |
| 2018 | $19,046 | $875,140 | $81,860 | $793,280 |
| 2017 | $16,516 | $749,560 | $0 | $0 |
| 2016 | $12,308 | $508,890 | $0 | $0 |
| 2015 | $11,305 | $462,630 | $0 | $0 |
| 2014 | $10,568 | $425,930 | $0 | $0 |
| 2013 | -- | $387,210 | $81,860 | $305,350 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/11/2026 09/11/26 | Price Changed | $4,750,000 | -4.0% | $425 / Sq Ft |
| 07/28/2026 07/28/26 | For Sale | $4,950,000 | -- | $443 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Milestone Title Co | |
| Warranty Deed | $3,535,000 | Milestone Title Co | |
| Warranty Deed | $1,685,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,075,000 | Commercial | |
| Closed | $2,788,000 | Purchase Money Mortgage | |
| Closed | $455,000 | Commercial | |
| Previous Owner | $1,040,000 | Commercial | |
| Previous Owner | $2,527,500 | Commercial |
Source: MIAMI REALTORS® MLS
MLS Number: B26057380
APN: 48-43-30-20-0090
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