Multifamily in Pompano Beach, FL 33060Avondale, 500 SW 2nd St #1-3
Share
Closed
2,486
SqFtStatus
Sold - Feb 28, 2024
Size
2,486 SqFt (231 m2)
Price
$215/SqFt ($2,316/m2)
Type
Multifamily
Built
1973
MLS Number
A11441093
On Site
1114 Days
Updated
13 Days ago
Page Views
0
This is a fabulous investment property in the heart of Pompano Beach! Solid rental area close to I-95 with easy access to the TPKE and US-1. There are two 1-1s and one 2-1. Long-term tenants occupy two units; the 2-1 just took on a new tenant at increased rents. The property is well-maintained (and could also use some TLC). Income is stable, and there is room to grow as improvements are made. The roof is in great shape, with plenty of parking and a tranquil neighborhood. Please see the attachments for additional information. NOTE: All units are occupied. The Seller has requested that the showing of units occur only with offers and proof of funds. Outside drive-bys are welcome; please do not walk the property without the listing agent or Seller's permission. NEW AC in 2 of 3 units
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: Electric
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1973
- Year Built Description: Effective Year Built
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2023-08-23T14:30:32.000-00:00
Taxes, Fees & More
- Taxes: 8200
Apples-to-Apples Comparables
Price History
Current
$535K
High
$665K
Low
$535K
Total Change
-19.5%Date
Event
Price
Change
Price Per
02/28/2024
Sold
$535K
-10.61%$215 ft2
$2,316 m2
02/06/2024
Price Reduced
$599K
-0.17%$241 ft2
$2,591 m2
01/02/2024
Price Reduced
$600K
-6.25%$241 ft2
$2,596 m2
11/16/2023
Price Reduced
$640K
-1.31%$257 ft2
$2,769 m2
09/27/2023
Price Reduced
$648K
-2.56%$261 ft2
$2,806 m2
08/23/2023
Listed
$665K
 $267 ft2
$2,879 m2
02/28/2024
$535K
Event
Sold
Change
-10.61%Price Per
$215 ft2
$2,316 m2
02/06/2024
$599K
Event
Price Reduced
Change
-0.17%Price Per
$241 ft2
$2,591 m2
01/02/2024
$600K
Event
Price Reduced
Change
-6.25%Price Per
$241 ft2
$2,596 m2
11/16/2023
$640K
Event
Price Reduced
Change
-1.31%Price Per
$257 ft2
$2,769 m2
09/27/2023
$648K
Event
Price Reduced
Change
-2.56%Price Per
$261 ft2
$2,806 m2
08/23/2023
$665K
Event
Listed
Price Per
$267 ft2
$2,879 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Bram Scolnick • East Coast Realty Brokerage LLC • Buyer Agency Compensation .
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Scores
57
100
37
100
63
100
75
100
1
100
31
100
3
100
Community Snapshot
$643K – $643K
Price Tier
932 - 3,897
SqFt Range
1972
Year Build
1
Total Floors
Subdivision Amenities
None
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