REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Kevin Deng

kevin.deng@exprealty.com +1(561) 783-7886

$ 4,950,000

Est. payment -/mo

Save Virtual Tour

New

2275 NE 12TH ST Pompano Beach, FL 33062

11,165 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,165 sqft

Price per Sqft $443

MLS Listing ID B26057380

HOA Y/N No

Year Built 1958

Annual Tax Amount $63,687

Tax Year 2025

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Multi Family

Property Description

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.

Location

State FL

County Broward

Area 3232

Direction North of Atlantic east of US 1 on 12th St

Interior

Heating Electric, Wall Furnace

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Tile

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Roof Type Composition

Total Parking Spaces 25

Private Pool Yes

Building

Lot Description <1 Acre, 1/4 to 1/2 Acre Lot

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

Others

Senior Community No

Restrictions Zoning Restrictions

Tax ID 484330200090

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/2275-NE-12TH-Street-Pompano-Beach-FL-33062/unbranded

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Nicklaus Vance

Kevin Deng

Broker Associate | License ID: 3425449

+1(561) 783-7886

Kevin Deng

2275 NE 12TH ST Pompano Beach, FL 33062

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

2275 NE 12TH ST