- beds
- —
- baths
- 0
- sq ft
- 11,165
- Built
- 1958
2275 NE 12TH Street
Pompano Beach, FL 33062
About this home
20 Unit Multifamily Investment, East of Federal Hwy in Pompano Beach. Stabilized apartment community on two contiguous parcels totaling 18,112 SF, minutes to the beach and Intracoastal, without the added price tag of being on the barrier island. CBS construction, offering 11,16 SF across two buildings with 18 one bedroom and 2 two bedroom units. In place rents that are a bit below market, offering upside through lease renewals which can be increased through value add updating. Zoned RM-20, the site benefits from low submarket vacancy and steady rent growth, plus proximity to the downtown core redevelopment, and new luxury beachfront hotels driving workforce housing demand. It's rare to find an offering of this many units in one building in this supply constrained coastal submarket.
Listing last checked: Listing updated:
Listed by Casey M Prindle · Nicklaus Vance · MLS #B26057380
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Details at a glance
Interior3 property facts
- Heating
- Electric, Wall Furnace
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Flooring
- Tile
Building5 property facts
- Style
- Multi Family
- Year built
- 1958
- Parking
- 25
- Foundation
- Slab
- Roof
- Composition
Land & utilities4 property facts
- Lot size
- 0.42 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RM-20
Financial2 property facts
- Annual taxes
- $63,687
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $4,750,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$29,326 / monthAdjust
- Principal & interest
- $24,019
- Property tax
- $5,307
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $63,687. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Lsd
$1,700 · Sold $1,700 · Jun 11, 2026
- Sld
$3,520,000 · Sold $3,535,000 · Oct 22, 2016
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About 2275 NE 12TH Street
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