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741 Hibiscus Ave
Pompano Beach, FL 33062 Outer Pompano Beach/Deerfield Beach

$4,800,000 USD

Apartments For Sale • 7,989 SF

Property Details

Property Type Apartments
Total Building Size 7,989 SF
Lot Size 0.58 AC
Building Class C
Year Built 1951
Cap Rate 7.92 %
Zoning RM-20, Pompano Beach

32 Transit Score

54 Walk Score

                
                    Highlights
                
                                New floors, new HVAC, new roof October 2023, new plumbing, new electrical
                            
                                Perfect building for short term rentals
                            
                                Walk to the beach

Property Flyers

Sales Flyer Pompano 5.1

Financial Summary (Proforma)

Net Operating Income: $380,281 USD (2024)

Cap Rate:	7.92 %
Total Expenses:	$226,719 USD

Amenities

24 Hour Access
Air Conditioning
Fenced Lot
Laundry Facilities
Pool
Furnished Units Available
Grill
Ceiling Fans
Kitchen
Refrigerator
Tub/Shower
Deck

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	12 min	-	6.0 mi
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	14 min	-	6.6 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	27 min	-	17.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	22
Type:	Surface
Included in Rent:	Yes

Jeremy Goldberg 954-999-2244 G&G Property Investment Group

741 Hibiscus Ave Pompano Beach, FL 33062 Outer Pompano Beach/Deerfield Beach