840 SE 22nd Avenue, Pompano Beach, FL 33062

$2,730,000

Virtual Tour

https://www.propertypanorama.com/840-SE-22nd-Ave-Pompano-Beach-FL-33062/unbranded

Property Type: Commercial Sale Square Footage: 6,197 Status: Closed

Current Price: $2,730,000 List Date: 8/09/2022 Last Modified: 6/09/2026

Overview

Description

Welcome to Candlelight! A Beautiful 8 unit apartment complex located in the multi-million dollar neighborhood of Santa Barbara Shores! You can run short term vacation rentals or long term rentals with boats, jet skis, & water toys right off the back! This unique building offers 4 large 2/2's, 4 large 1/1's, 4 boat slips, an office with a toilet and sink, and a laundry facility. 60' Waterfront, Ocean Access, No Fixed Bridges. East Facing exposure for constant breeze and shade in the afternoon. Large courtyard and backyard for activities! The income possibilities are endless! 4 brand new HVAC systems for central cooling upstairs and 8 new wall units downstairs! Property was appraised at $3.88M on 7/14/23. The 50 year inspection report is already done! Cash Only! No Seller Financing!

Listing Details MLS# F10343781

General Property Information

Property Sub Type: Multi Family
Number Of Units Total: 8
Building Area Main: 6197
Year Built: 1962
Parking Total: 8
Lot Size Area: 12497
Lot Size Acres: 0.29
Stories Total: 2

Property Features

Business Type: Commercial Common Area Maintenance Includes: Interior Electric Documents Available: Appraisal; Drawings Electric: Separate Meters Fencing: Fenced Flooring: Tile Heating: Central Building Location of Property: In Residential Area Parking Features: Common Possession: Negotiable Property Condition: Resale Sale Includes: Land Construction Materials: Block; CBS Cooling: Central Building; Central Individual Listing Terms: Cash Road Frontage Type: City Street Security Features: Smoke Detector(s) Sewer: Public Sewer Structure Type: Hotel/Motel Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent Contingencies: None

Contract Information

Comp Sale YN: No
Original List Price: 4950000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 840
Street Direction Prefix: SE
Street Name: 22nd
Street Suffix: Avenue
City Name: Pompano Beach
State Or Province: FL
Postal Code: 33062
Postal Code +4: 6764
Area: 3234
Geographic Area: NUS1 - North Broward Intracoastal To Us1 (3211-3234)
Parcel Number: 494306260930
Zoning: RM-20

Financial Information

Tax Annual Amount: 31255
Tax Year: 2022
Tax Legal Description: SANTA BARBARA SHORES 33-21 B LOT 2 BLK 4

Status Change Information

Major Change Timestamp: 2023-09-07T10:24:46Z
Major Change Type: Status Change
Price Change Timestamp: 2023-07-15T22:08:48Z
Status Change Date: 2023-09-08
Under Contract Date: 2023-08-14
Close Date: 2023-09-07
Close Price: 2730000
Buyer Financing: Cash

More Information

Building and Property Details

# Of Offices: Yes
# Of Tenants: 24
# Of Toilets: 13

Meter Information

Number Of Meters Total: 9

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Occupancy Percentage: 100

Description of Unit Type 1

Unit Type: 2 Bedroom
Units Total: 4
Half Baths: 2
Furnished: Yes

Description of Unit Type 2

Unit Type: 1 Bedroom
Units Total: 4
Half Baths: Yes
Furnished: Yes

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 440.54
Original List Price To Close Price: 0.55

Originating Details

Originating System Key: 557637622
Originating System ID: M00000170

Listing Office: By The Sea Realty, Inc.

Last Updated: June - 09 - 2026

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