231 SW 15th St Pompano Beach, FL $ 2,180,000
231 SW 15th St
$ 2,180,000
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231 SW 15th St

Pompano Beach, FL, 33060
$ 2,180,000
Bedrooms10 Baths8.0

Monthly Estimate*

$ 14,489

231 SW 15th St, Pompano Beach, FL 33060 - Image 1
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Multi-Family Home for sale in Pompano Beach, FL

for $2,180,000 with 10 bedrooms and 8 full baths. This home was built in 1959.

GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Cap Rate: 5.4%, NOI: $116,220.36. Income: $168,000. Don’t miss this opportunity!

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Multi-Family Active

Price

$ 2,180,000

Bedrooms

10

Full Bath

8

Property Type

Multi-Family

Taxes

$ 24,015

Style

Fourplex

Year Built

1959

Town/City

Pompano Beach

County/Region

Broward

MLS | Web ID

A11755588

Features
General
Sewer PublicSewer
Heating Central Electric
Cooling CentralAir
Utilities CableAvailable
Possession CloseOfEscrow
Roof Shingle
HOA Fee 0.0
Architectural Style Fourplex
Pool Features Concrete Pool
Construction Materials Block
Year Built 1959
Stories 1
Levels One
Property Subtype Quadruplex
Tax Year 2024
Assoc Fee Paid Per Monthly
County Broward
Net Operating Income 116220.0
Operating Expense 51779.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name LYONS PARK FIRST ADD
Garage Y/N N
Rent Includes Pool
Status Active
Directions I95 TO EXIT 36A - ATLANTIC BLVD EAST. TURN RIGHT ON S CYPRESS RD ~ 2.8 MILES. RIGHT AT E MCNAB RD ARRIVE AT DESTINATION ON THE RIGHT. OR -- I95 TO 33A - NE 62ND ST (CYPRESS CREEK) MAKE A LEFT ONTO NE
City Pompano Beach
Senior Community Y/N N
Zoning Description RM-20
MLS Area 3342
Lot Size Units SquareFeet
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Listing Terms Cash
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 24015.0
Showing Instructions 24 Hour Notice
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11755588
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 168000.0
Property Sub Type Additional Quadruplex
Legal Description LYONS PARK FIRST ADD 40-2 B LOTS 15 16 BLK 19
Interior
Flooring Other
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
Exterior
Lot Features LessThanQuarterAcre
Total Parking 12.0
Spa N
Private Pool N
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Internal Only
Street Number 1 231
* Excluded Features
List By
Beachfront Realty Inc

Broker

eric@florida-invest.com

Email

Affordability Calculator

$16,490
Per Month
88%
12%
0%
Monthly Principal & Interest
$14,489
Monthly Property Taxes
$2,001
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2025$2,180,000 -3.11% Price Down
3/6/2025$2,250,000 Listed Price

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231 SW 15th St, Pompano Beach, FL, 33060 is a Multi-Family Home for sale at $2,180,000. 231 SW 15th St has 10 bedrooms, 8.0 baths, and was built in 1959. The property's zip code is 33060 which is in Pompano Beach, FL