1077 SE 22nd Avenue, Pompano Beach, FL 33062

Overview

Description

1079 and 1077 SE 22 Avenue comprises a 16-Unit complex with 7-Studio, 5 1bedrooms 1 bath, and 4 2 bedrooms 2 baths. Fully leased throughout the years with amazing tenants. The current Gross Income is $209,500 with low expenses and easy to upkeep. For more detailed information about rent roll and expenses connect with the listing agent. Your tenants can walk everywhere to restaurants, shops, and supermarkets. Just a short drive to Ft. Lauderdale beach. This sale includes two folio #'s: 4943 06 14 1910 and 4943 06 14 1920

General Property Information

Number Of Units Total: 3
Property Sub Type: Quadruplex
Living Area Main: 5083
Year Built: 1975
Gated Community YN: No
Stories Total: 2
Pool Private YN: No
Spa YN: No
LP/Assessed Value: 2.27

Property Features

Association Fee Includes: Maintenance Grounds; Trash Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security; Investment Analysis; Other Available Information Flooring: Other Property Condition: Resale Construction Materials: CBS Cooling: Electric Heating: Electric; Separate Meters Listing Terms: Cash Possession: Negotiable Roof: Composition; Flat; Shingle; Tile Sewer: Public Sewer Tax Information: No Homestead Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Appliances: Other Unit 1 Parking Features: On Street Unit 1 Rooms: Kitchen Unit 2 Appliances: Other Unit 2 Parking Features: On Street Unit 3 Appliances: Other Unit 3 Parking Features: On Street Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 2200000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 1077
Street Direction Prefix: SE
Street Name: 22nd
Street Suffix: Avenue
City Name: Pompano Beach
State Or Province: FL
Postal Code: 33062
Postal Code +4: 7043
Postal Zip: 33062
Subdivision Name: Pompano Isles Sec B 31-8
Area: 3233
Geographic Area: NUS1 - North Broward Intracoastal To Us1 (3211-3234)
Parcel Number: 494306141910
Zoning: RM-20

Financial Information

Tax Annual Amount: 19776
Tax Year: 2019
Tax Assessed/SOH Value: 969140
Tax Legal Description: POMPANO ISLES SEC B 31-8 B LOT 13 BLK 10
Assessor Market Value: 969140

Status Change Information

Major Change Timestamp: 2020-11-16T15:40:58Z
Major Change Type: Status Change
Status Change Date: 2020-11-17
Under Contract Date: 2020-10-17
Close Date: 2020-11-16
Close Price: 1900000
Buyer Financing: Cash

More Information

Co-Ownership

Property Management YN: No

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Net Operating Income: 69111
Operating Expense: 139940
Gross Scheduled Income: 209052

Unit 1 Details

Actual Rent: 920
Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished
Hotel Room YN: No

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 1150
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 1350
Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No

Unit 3 Lease Description

Currently Leased YN: Yes

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 373.8
Original List Price To Close Price: 0.86

Section Details

Parcel Number MLX: 1910

Originating Details

Originating System Key: 534735814
Originating System ID: M00000170