Brad Glowe - Arterra Realty Logo
$799,000
 $4,289 est/mo Sourced by Back At You

2051 NE 25th Avenue,Pompano Beach, FL 33062

Pompano Beach, FL 33062

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Description

Multifamily Investor Opportunity East of Federal Hwy - BACK ON THE MARKET! Seller financing may be considered with the right terms. Located 5 minutes from the beach & 7 minutes from Old Town Pompano, an area experiencing significant redevelopment.Fully occupied, the property generates approximately $5,950/month, including utilities, & provides the seller with approximately $35,000 in annual net income after taxes, insurance & expenses. The two existing 1-bedroom/1-bath units feature in-unit washer/dryers, private patios & separate backyards. I personally placed 3 of the 4 tenants & can attest they have been excellent residents. Leases run through October & November, with one unit month-to-month, offering flexibility for a buyer's plans. All tenants would like to remain.Value-add potential includes enclosing the existing carports to possibly create four true 1-bedroom/1-bath units or two larger 3-bedroom/2-bath residences, subject to required approvals.Recent improvements include a new roof completed in early 2026, PVC plumbing beneath the building & major City infrastructure upgrades, including water mains, utilities & roadway restoration.The aerial highlights 2051 in red at the top right & the December $775,000 multifamily comparable with a blue pin at the bottom right. 2051 is nearly twice its size. The comparable lacked backyards & carports and had considerably lower ceilings.Comparable: 1801 NE 25th Avenue, Units 1-3, Pompano Beach, FL 33062

Details

MLS #A12002958
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1965
Days On Site169
Listing Provided ByThe Jarvis Group Inc | Samantha Cafiero

Features

SQ Feet2,483
Story(s)1
Units4
ZoningRD-1

Taxes

Tax Annual Amount13396

Area Information

StateFL
CountyBroward
CityPompano Beach
Zip Code33062
Area3231
SubareaNUS1 North Broward Intracoastal To Us1 (3211 3234)
Community NameCONNOR ESTATES
Listing VS Median (in CONNOR ESTATES)
Price:
$799,000
low | high
Med:
$774,900
53.016270337922% of Average
sqft:
2,483
low | high
Med:
1,519
88.824003221909% of Average
$ / sqft:
$322
low | high
Med:
$510
8.532324391665% of Average
On site:
169
low | high
Med:
230
73.478260869565% of Average
Sourced by Back At You

Market Activity 33062

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Learn More About This Property

Brad Glowe

Brad Glowe

Arterra

 (586) 651-0337brad.glowe@arterrarealty.com
StateFL
CountyBroward
CityPompano Beach
Zip Code33062
Area3231
SubareaNUS1 North Broward Intracoastal To Us1 (3211 3234)
Community NameCONNOR ESTATES
Listing VS Median (in CONNOR ESTATES)
Price:
$799,000
low | high
Med:
$774,900
53.016270337922% of Average
sqft:
2,483
low | high
Med:
1,519
88.824003221909% of Average
$ / sqft:
$322
low | high
Med:
$510
8.532324391665% of Average
On site:
169
low | high
Med:
230
73.478260869565% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 12:27:51 AM PDT