Pinehurst, 23 NE 19th Ave, Pompano Beach, FL 33060

Subject property is a 7 unit apartment building with active hotel license, 3 one bedroom and 4 studios , currently no vacancies ! Units rented annually with $109,000 annual gross income , noi 6.1% , 3 buildings totaling 3,517 sf on approximately 13,700 sf lot, roof is 3 years old and recently upgraded electrical and updated panels in all units . This property has potential for future redevelopment , zoning allows up 20 units , 60 ft high or it can be operated as hotel /rbnb . Centrally located near atlantic and us1 , short distance to pompano beach , sopping ,restaurants and entertainment . Financials available upon request . Drive by only ! Do not disturb tenants!