$1,895,000
$355K PRICE DROP

231 SW 15th St Pompano Beach, FL 33060

South Dixie Neighborhood

Estimated payment $12,097/month

Total Views 2,733
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Concrete Pool
  • Central Heating and Cooling System
  • 1-Story Property
  • McNab Elementary School Rated A-

About This Home

GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY (plus a small office room for short term renters) IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Property under 24/7 security camera. Income 168,600.00, Cap Rate: 6.01%, NOI: $113,825.71. Don’t miss this opportunity!
Offering memorandum available on request.

Listing Agent

Eric Amsallem

Beachfront Realty Inc License #3185189 Listed on: 03/04/2025

Beachfront Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,015

Year Built

  • Built in 1959

Parking

  • 12 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Additional Features

  • 1-Story Property
  • Concrete Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes pool maintenance
  • Assessor Parcel Number 494202142490

Community Details

Overview

  • Property has a Home Owners Association
  • Lyons Park First Add Condos
  • Lyons Park First Add Subdivision

Building Details

  • Operating Expense $51,779
  • Net Operating Income $116,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,015

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Directions: I95 TO EXIT 36A - ATLANTIC BLVD EAST. TURN RIGHT ON S CYPRESS RD ~ 2.8 MILES. RIGHT AT E MCNAB RD ARRIVE AT DESTINATION ON THE RIGHT. OR -- I95 TO 33A - NE 62ND ST (CYPRESS CREEK) MAKE A LEFT ONTO NE 18TH AVE, LEFT ONTO E MCNAB RD
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LYONS PARK FIRST ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: Concrete
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LYONS PARK FIRST ADD
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 494202142490
  • Zoning: RM-20

Rental Info

  • Rent Includes: Pool Maintenance

Multi Family

  • Net Operating Income: 116220
  • Number Of Units In Community: 1
  • Number Of Units Total: 8
  • Annual Operating Expense: 51779
  • Total Actual Rent: 168000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 24015

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Price Changed $1,895,000 -5.0% --
06/24/2025 06/24/25 Price Changed $1,995,000 -2.7% --
06/16/2025 06/16/25 Price Changed $2,050,000 -6.0% --
05/07/2025 05/07/25 Price Changed $2,180,000 -3.1% --
03/04/2025 03/04/25 For Sale $2,250,000 0.0% --
11/11/2024 11/11/24 Off Market $1,850 -- --
10/08/2024 10/08/24 Off Market $1,850 -- --
09/19/2024 09/19/24 For Rent $1,850 0.0% --
09/04/2024 09/04/24 For Rent $1,850 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11755588

MIAMI REALTORS® MLS
Florida Broward County Pompano Beach 33060 South Dixie

231 SW 15th St, Pompano Beach, FL

This home is located at 231 SW 15th St, Pompano Beach, FL 33060 and is currently priced at $1,895,000. This property was built in 1959. 231 SW 15th St is a home located in Broward County with nearby schools including McNab Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Eric Amsallem
Section Image
Beachfront Realty Inc
(754) 341-1766