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325 NW 11th St

Blanche Ely / Pompano Beach

$1,700,000 USD

$1,700,000

2.8 Acres Disagree?

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325 NW 11th St

Blanche Ely / Pompano Beach

$1,700,000

2.8 Acres

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Property Highlights

  • MLS# : F10278056
  • Listing Type : Land
  • Days on Market : 1092
  • Status : Closed
  • Subdivision : Annies 172-77 B
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Property Details

Located in the center of Pompano NW CRA as well as in the Opportunity Zone! The site is about 2.8 Acres / 123,000 sq,ft of mostly cleared land and consisting of 16 folios. The current owner obtained building permits approvals for 4 duplexes as well as initial city approval for, each unit is 4 bedrooms and 2.5 bathrooms, each unit can be easily rented once completed for about $2350 So the total site will hold 4 duplexes (8 units) and will generate approx. $225,000 gross income. (Impact fees already paid for) Single Family Homes- Each home is 1600 SF consisting of 4 bedrooms and 3 bathrooms and can be easily rented once completed for about $2600 So the total site will generate approx. $375,000 gross income.

General Information
  • Acres: 2.8
  • Front Faces: East
  • Front Faces: East
Fees and Membership
  • Tax Amount: $888
  • Tax Year: 2020
  • Tax Year: 2020

Listing Courtesy of Capital Group Rlty 2004 LLC.

Blanche Ely Market Stats

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