SE 11th Ave

0 Bedroom Real Estate has been listed for sale at 221 Se 11th Ave in Pompano Beach for $699,000. Chat with a local expert, book a tour.

Pompano Beach

Ocean Drive Estates

221 SE 11th Ave

221 Se 11th Ave, For Sale in Pompano Beach - Zoocasa

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Zoocasa

Attention investors and owner-users! Prime investment opportunity with a well-maintained triplex in Pompano Beach. This 2, 327 sq. Ft. Property on a 6, 001 sq. Ft. Lot features three 2-bedroom, 1-bathroom units. Located near Atlantic Blvd., it offers easy access to shopping, dining, and entertainment. The neighborhood is rapidly redeveloping, boosting its investment potential with an actual NOI of $22, 041 and a projected NOI of $39, 480. With an actual cap rate of 3.15 % and a projected cap rate of 5.65%, this property is zoned RD-1 and has been extensively improved since 2012. The area has strong demographics, with a population of 17, 068 and an average household income of $85, 373 within a 1-mile radius, ensuring reliable tenant demand and rental rates.

221 Se 11th Ave, Pompano Beach, FL

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