Property Description

GREAT INVESTMENT OPPORTUNITY 8-UNIT 2 STORY MULTI-FAMILY PRIME LOCATION, 6 mints to the beach (2.10 miles), boundary between Pompano Beach & Fort Lauderdale 7 apts 2/2, 1 apt 1/1, office, coin operated laundry facility, storage & meter room. Property under 24/7 security cameras, impact windows, central air condition, heating lamps/bathrooms, eat-in kitchen window-pass-through dining-bar counter. Currently 7 units are leased with 1 recently renovated and vacant. Sitting on a 10,478 SF lot zoned RM-20. Centrally located, surrounded by canals, w Just mints from I-95, Turnpike, and Federal Hwy, offering excellent access to major employment centers throughout South Florida, within walking distance to restaurants, markets & shopping. Perfect opportunity to continue with long term tenants. Property values in this area are going up, at the present moment the City is working on a road work project in McNab Road, next to the building costing $181 million that encompasses new streetscape & bridge replacement expanding sidewalks for safety when walking, biking, better drainage to prevent flooding, bridge will be higher, and more attractive surroundings. * Bus Stop next to bldg., walkable to Publix, shopping centers, restaurants, Federal Hwy, and the McNab School. EAST OF I95 BETWEEN S CYPRESS RD NE 18 AVE & FEDERAL HWY/ATLANTIC & CYPRESS CREEK RD. 6 min (2.10 miles) to Beach/ 5 min to I95 (1.89 miles)/ Parks/Hospitals/Library/Horse track/Casino/Turnpike. *15 mints to Downtown Fort Lauderdale and Las Olas, about 20 mints to Boca Raton, and 36 miles to Miami. * SCHOOLS Public schools 1. McNab Elementary School-grades PK-5-.5 mi (walking distance) Rating 5/10 2. Pompano Beach Middle School-grades 6-8-1.8 mi Rating 4/10 3. Blanche Ely High School-grades 9-12-2.5 mi Rating 4/10 Private schools, pre-Kindergarten, and day care in close proximity and/or walking distance.

Property Features