Property Listing No Longer Available for Sale

2751 NE 1ST STREET, Pompano Beach, FL

Multi-family for Sale - $1,800,000


Property Info

CIMLS#1139659
Location
  2751 NE 1ST STREET
  Pompano Beach FL 33062
UpdatedMarch 22nd, 2023
TypeMulti-family
Price$1,800,000

Property Description

Rare opportunity to own three to four units in a boutique waterfront six-unit property with pool that is 400 feet from the intracoastal waterway. The building is under one tax id; however, each owner has a right to 1/6th of the property as well as 1/6th of the dock space. Three units are two bedroom, 1.5 baths, one has a 2nd full bath style setup. Units are approximately 900 square feet with central air conditioning and dedicated electric meters. A family is offering three of the six units (101, 202 & 203) for sale and one other owner has agreed to market their unit (102) for sale as well. If all four are purchased together, a buyer will have the majority share. THERE IS NO INTEREST IN SELLING ONE UNIT BY ITSELF. *Right of First Refusal Note: The operating agreement requires that the other existing unit owners receive 45 days to decide if they wish to purchase at the same price and terms as a buyer has offered. If they decline, the sale can take place. The property has 75 feet of sea wall. It is 0.7 of a mile from the newly developed Fisher Family Pier shopping area and just over two miles from Hillsboro Inlet. Fantastic restaurants such as Houston’s, Café Max, 26 Degree Brewing Company and The Foundry as well as a new food hall are steps away.


Financials



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