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Investment Opportunity

Miami Investmens

3440 NE 16th Terrace Pompano Beach FL 33064 MLS #RX-11134665

3440 NE 16th Terrace
Pompano Beach, FL, 33064
$1,260,000
Beds
0 Bathrooms
3,261 SqFt
0 Acres
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$1,260,000
3440 NE 16th Terrace
Pompano Beach, FL, 33064
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Project Description

Great Investment opportunity well located in east Pompano Beach! 5-Unit multifamily – 2/2(private w/d), 2/1, 1/1, 1/1 and Studio. Most tenants have been in place for 4+ years. 4 bigger units have central AC, all impact windows. New plumbing, new sprinklers, full impact windows, roof approximately 2010. 5.5% Cap Rate. Perfect for a new investor to start out or for a seasoned investor wanting to add to the portfolio. Close to all the great restaurants and shopping in Pompano, and a short drive to the new Pompano Pier! Call listing agent for a breakdown of rent rolls and expenses.

Financial

Gross Operating Income
$96,600
Net Operating Income
$66,520
Taxes
$0
Utilities
Cable, Electric, Public Sewer, Public Water, Well Water

Investment results for buyers and agents

Property Details

Price:
$1,260,000
MLS #:
RX-11134665
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
CRESTHAVEN NO 9 REPLAT
Listed Date:
Oct 23, 2025
Finished Sq Ft:
3,261
Year Built:
1967
Cresthaven No 9 Replat

Schools

Interior

Cooling
Central Building
Flooring
Ceramic Tile
Heating
Central Building
Window Treatments
Impact Glass

Exterior

Construction
CBS
Exterior Features
Auto Sprinkler
Homeowners Assoc
None
Lot Description
Paved Road, Public Road
Roof
Comp Shingle
Waterfront Details
None

de todo

Map

3440 NE 16th Terrace
Pompano Beach, FL