2051 NE 25th Ave Pompano Beach, FL 33062
2,483 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,483 sqft
Price per Sqft $321
Subdivision Connor Estates
MLS Listing ID A12002958
Style Fourplex
HOA Y/N No
Year Built 1965
Annual Tax Amount $13,396
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
Fully occupied, the property generates approximately $5,950/month, including utilities, & provides the seller with approximately $35,000 in annual net income after taxes, insurance & expenses. The two existing 1-bedroom/1-bath units feature in-unit washer/dryers, private patios & separate backyards. I personally placed 3 of the 4 tenants & can attest they have been excellent residents. Leases run through October & November, with one unit month-to-month, offering flexibility for a buyer's plans. All tenants would like to remain.
Value-add potential includes enclosing the existing carports to possibly create four true 1-bedroom/1-bath units or two larger 3-bedroom/2-bath residences, subject to required approvals.
Recent improvements include a new roof completed in early 2026, PVC plumbing beneath the building & major City infrastructure upgrades, including water mains, utilities & roadway restoration.
The aerial highlights 2051 in red at the top right & the December $775,000 multifamily comparable with a blue pin at the bottom right. 2051 is nearly twice its size. The comparable lacked backyards & carports and had considerably lower ceilings.
Comparable: 1801 NE 25th Avenue, Units 1–3, Pompano Beach, FL 33062
Location
State FL
County Broward
Community Connor Estates
Area 3231
Zoning RD-1
Interior
Heating Central, Electric, Wall Furnace
Cooling Central Air, Ceiling Fan(s), Other, Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Others
Tax ID 484330000182
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12002958
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