GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY (plus a small office room for short term renters) IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Property under 24/7 security camera. Actual Cap Rate: 5.85%, Proforma Cap Rate 5.92 Income: $168,000. NOI: $116,220.36. Don’t miss this opportunity!
For sale
Price cut: $55K (6/24)
$1,995,000
231 SW 15th St, Pompano Beach, FL 33060
10beds
8baths
--sqft
Est.:
Quadruplex
Built in 1959
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 150 days
- on Zillow |
- 123 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 08:41am
Listed by:
Eric Amsallem 786-985-1374,
Beachfront Realty Inc
Source: MIAMI,MLS#: A11755588
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Central, Electric
Cooling
- Central Air
Features
- Flooring: Other
Video & virtual tour
Property
Parking
- Total spaces: 12
Features
- Stories: 1
- Has private pool: Yes
- Pool features: Concrete
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494202142490
- Zoning: RM-20
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Lyons Park First Add
HOA
- Has HOA: Yes
Location
- Region: Pompano Beach
Financial & listing details
- Annual tax amount: $24,015
- Date on market: 3/4/2025
- Listing terms: Cash
- Total actual rent: 168000
- Loading
- Loading