GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY (plus a small office room for short term renters) IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Property under 24/7 security camera. Income 168,600.00, Cap Rate: 6.01%, NOI: $113,825.71. Don’t miss this opportunity!
Offering memorandum available on request.
Listed by Eric Amsallem
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License #3185189
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Beachfront Realty Inc
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786-985-1374
Last updated September 02, 2025
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Source: MIAMIRE #A11755588
Listing Facts
TypeMulti-family
NeighborhoodLyons Park
Days on Prevu188
Taxes$24,015/year
Amenities
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
09/01/2025
Price Decreased
$1,895,000
06/24/2025
Price Decreased
$1,995,000
06/16/2025
Price Decreased
$2,050,000
05/07/2025
Price Decreased
$2,180,000
03/04/2025
Listed by Beachfront Realty Inc
$2,250,000
Property Details for 231 SW 15th St
Association
General
Number Of Units In Community: 1
Exterior
Construction
Number Of Units Total: 8
Roof: Shingle
Stories: 1
Stories Total: 1
Structure Type: Quadruplex, Fourplex
Year Built: 1959
Year Built Details: Resale
Architectural Style: Other
Building Name: LYONS PARK FIRST ADD
Construction Materials: Concrete Block Construction
Features
Pool Features: Concrete
Measurements
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Residential Income
Operating Expense: $51,779.00
Taxes
Parcel Number: 494202142490
Tax Annual Amount: $24,015.00
Tax Year: 2024
Interior
Features
Flooring: Other
Measurements
Living Area Units: Square Feet
Other
Location
Subdivision Name: LYONS PARK FIRST ADD
Parking
Parking
Parking Total: 12
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central, Electric
Has Heating: Yes
Sewer: Public Sewer
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.