Residential Income

211 2nd

Pompano Beach, FL 33060

ML#:F10554735

List Price:$727,500

Status:Active

Days on Market:51

Listing Brkr:Home Sold Realty LLC

Subdivision:Avondale 6-29 B

Bedrooms:0

Baths:0

SqFt (Liv):2,324

Lot Size:0 sqft

Year Built:1954

Stories:1

Located at 211 SW 2nd Ct in Pompano Beach, Florida, this 6-unit garden style apartment building was built in 1954, totaling 2,324 square feet. The building boasts a newer roof made of pitched composite shingle and hurricane impact windows, ensuring long-term durability and reduced insurance costs. Each unit equipped with wall unit air conditioning.The property's location is particularly advantageous due to its proximity to the dynamic developments around Pompano Beach City Hall. This area, situated less than 1 mile from the property, is undergoing significant transformation with new commercial, residential, and public projects. The ongoing redevelopment efforts include modern retail spaces, enhanced public facilities, and improved infrastructure, all aimed at boosting the local economy and community appeal.This property will benefit from easy access to local economic drivers and employment drivers as well as various local attractions and essential services. The Pompano Beach Amphitheater, located approximately 2 miles to the east, offers a venue for concerts and cultural events, enriching the community's cultural life. For outdoor enthusiasts, the nearby Pompano Community Park provides extensive recreational facilities, including sports fields, tennis courts, and an aquatic center. Additionally, educational institutions are within close reach, further enhancing the area’s appeal.The property’s strategic location, combined with the area's development, positions it well to attract strong rental demand. This investment property represents a promising opportunity with significant upside potential. The property's sturdy construction, recent upgrades, and prime location within a burgeoning part of Pompano Beach, contributes to its long-term investment value. With the ongoing developments around City Hall expected to drive up property values and rental demand, this property is poised to deliver stable returns and capital appreciation.