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216 NE 18th Ave Pompano Beach, FL 33060

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Licensed short-term rental triplex, furnished, near the beach.

Type:Multifamily
Property size:
1,816 SF
Added:
May 10, 2024
Days on Market:
711
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 216 NE 18th Ave

General Information

Standard status
Active
Size
1,816 SF
Property subtype
Multifamily

Building Details

Year Built
1956

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Listing Contact
Sophia Willets

Listing agent Sophia Willets License #BK 3595388

Listing office Grace CRE

Listing date May 10, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Grace CRE


Overview

Pompano Beach Triplex Near Beach

This triplex property, located approximately 1.2 miles from the beach, is a fully licensed short-term rental. The property features a unit with 3 bedrooms and 1 bath, a unit with 1 bedroom and 1 bath, and a studio. The property is furnished. There are two electric meters and an on-site laundry facility available for all tenants. The property is currently occupied by short-term, month-to-month tenants and is also used as a vacation rental. Current rents, which include water, electric, internet, and Netflix, are as follows: Unit A rents for $2850 per month, Unit B rents for $1840 per month, and Unit C rents for $900 per month, totaling $5590 per month. Average expenses include $157 per month for water, $380 per month for electricity, and $140 per month for internet. The property may be suitable for an owner-user or for value-add opportunities to increase rents. The property size is approximately 1816 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Pompano Beach
County
Broward
State
Florida
Longitude
-80.105669
Latitude
26.2344218

FAQs

What type of property is this?
Triplex - Licensed short-term rental triplex, furnished, near the beach.
Where is this triplex located?
The property is located at 216 NE 18th Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Fully licensed short‑term rental property.; Triplex featuring a 3‑bedroom, 1‑bath unit, a 1‑bedroom, 1‑bath unit, and a studio.; Seller may carry financing.
More about this property
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