Multifamily in Pompano Beach, FL 33060

Pinehurst, 23 NE 19th Ave

Subject property is a 7 unit apartment building with active hotel license, currently units rented annually with $109,200 annual gross income , NOI is around $82,000 . 3 structures totaling 3,500 sf on approximately 13,700 sf lot, roof is 2 years old. this property has potential for future redevelopment , zoning allows up 20 units , 60 ft high or it can be operated as hotel /rbnb ,overall promising investment in a great location , near Atlantic and us1. property currently has some active violation and buyer must take over violation , call or text for more info , statement of income and expenses available upon request .