126 NE 19th Ave Pompano Beach, FL 33060

Pinehurst Apartments is a four-unit apartment community in Pompano Beach, Florida. The property is located one block north of Atlantic Boulevard and two blocks west of Federal Highway (US 1). The property consists of a one-story duplex and a two-story duplex on the same parcel. The unit mix is comprised of one studio and three one-bedroom apartments. Additionally, there is a private garage with washer/dryer hook-ups. Each building has its own electric meter, and there is one water meter. The owner has implemented a RUBS program. There are a total of 9 parking spaces including the garage. The upstairs apartment has a 14-foot vaulted ceiling, a large kitchen with granite countertops and stainless appliances, stain glass windows, and a large wooden balcony accessed by a sliding glass door. The other apartments have a large backyard or patio. Both buildings required significant renovations due to a recent fire. The two-story building was taken down to the studs and completely rebuilt, including the roof, mechanical, plumbing, electric, windows, doors, and appliances. The front building required new mechanical, plumbing, flooring, and finishes. Both buildings are completed, and the owner has recently started leasing units. Pinehurst Apartments is within walking distance of Pompano Beach High School and Elementary School, Pompano Beach Baseball Complex and Community Park, the Aquatics Center, Tennis Center, Pompano Beach Amphitheater, Civic Center, Kester Park, McNab Park and the Pompano Beach Park, Pier, and beach. Furthermore, Publix Supermarket is just a few blocks to the east. Pinehurst Apartments offers the opportunity for a buyer to acquire a turnkey property in a desirable location with the potential of operating as short-term rentals or with long-term leases. The property size is 2734 square feet.