Land in Pompano Beach, FL 33060337 NW 11th St
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Closed
$1,700,000
2.83
AcreStatus
Sold - Jul 02, 2021
Size
2.83 Acres (11,427 m2)
Price
$600,707/Acre ($149/m2)
Type
Land
MLS Number
F10278056
On Site
1990 Days
Updated
226 Days ago
Page Views
0
Located in the center of Pompano NW CRA as well as in the Opportunity Zone! The site is about 2.8 Acres / 123,000 sq,ft of mostly cleared land and consisting of 16 folios. The current owner obtained building permits approvals for 4 duplexes as well as initial city approval for, each unit is 4 bedrooms and 2.5 bathrooms, each unit can be easily rented once completed for about $2350 So the total site will hold 4 duplexes (8 units) and will generate approx. $225,000 gross income. (Impact fees already paid for)Single Family Homes- Each home is 1600 SF consisting of 4 bedrooms and 3 bathrooms and can be easily rented once completed for about $2600 So the total site will generate approx. $375,000 gross income.
Features
All features
- Current Use: Other
- Approx SqFt Total Area: 123000
- Property SqFt: 123000
- Remarks: Located in the center of Pompano NW CRA as well as in the Opportunity Zone! The site is about 2.8 Acres / 123, 000 sq, ft of mostly cleared land and consisting of 16 folios. The current owner obtained building permits approvals for 4 duplexes as well as initial city approval for, each unit is 4 bedrooms and 2.5 bathrooms, each unit can be easily rented once completed for about $2350 So the total site will hold 4 duplexes (8 units) and will generate approx. $225, 000 gross income. (Impact fees already paid for)Single Family Homes- Each home is 1600 SF consisting of 4 bedrooms and 3 bathrooms and can be easily rented once completed for about $2600 So the total site will generate approx. $375, 000 gross income.
- Internet Remarks: Located in the center of Pompano NW CRA as well as in the Opportunity Zone! The site is about 2.8 Acres / 123, 000 sq, ft of mostly cleared land and consisting of 16 folios. The current owner obtained building permits approvals for 4 duplexes as well as initial city approval for, each unit is 4 bedrooms and 2.5 bathrooms, each unit can be easily rented once completed for about $2350 So the total site will hold 4 duplexes (8 units) and will generate approx. $225, 000 gross income. (Impact fees already paid for)Single Family Homes- Each home is 1600 SF consisting of 4 bedrooms and 3 bathrooms and can be easily rented once completed for about $2600 So the total site will generate approx. $375, 000 gross income.
- Waterfront: No info
- Directions: East
- Days on Market: 71
- Closing Date: 2021-07-02
- Compass Point: NW
- Office Name: Capital Group Rlty 2004 LLC
- Area: 123000
- Taxes: 888
- Tax Year: 2020
- Listing Date: 2021-03-30T20:00:00.000-00:00
- Lot Size Square Feet: 123000
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
04/15/2021
Listed
$1.7M
$14 ft2
$149 m2
04/15/2021
$1.7M
Event
Listed
Price Per
$14 ft2
$149 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Moshe Biton • Capital Group Rlty 2004 LLC • Buyer Agency Compensation .
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