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231 SW 15th StPompano Beach, FL 33060

For Sale

$1,895,000

Smart Buyer Rebate $18,950

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.

Full MLS Disclaimers

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.