USAFLPompano Beach2255 Se 5Th St
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2255 Se 5Th St, Pompano Beach, FL

House

For Sale

Listed price in listed location currency (USD).
$1,995,000

0011

MLS® A12032534

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 5880 sqft
Garage 
Taxes $36,765
Days Active 0
Lot Size 
Approx. Age 1970
Avg. Price Per Sqft $339
MLS® Number A12032534

Property Address: 2255 Se 5th St, Pompano Beach, FL, 33062

Average square foot calculated using Size range provided by listing agent.

Description

Fausto Commercial is pleased to present 2255 SE 5th Street, a 10-unit multifamily investment opportunity in the highly desirable Southeast Pompano Beach submarket. Located east of Federal Highway and minutes from the beach, Pompano Beach Pier, dining, entertainment, and retail destinations, the property benefits from strong rental demand and excellent accessibility. The property consists of 10 renovated one-bedroom, one-bathroom units within a well-maintained concrete building totaling approximately 5, 880 SF. Units feature updated interiors and central air conditioning, and residents have access to an on-site coin laundry facility. The asset currently generates $209, 880 in gross annual income and is offered at a 7.29% cap rate, providing strong in-place cash flow. The property offers additional upside potential through continued rental rate optimization. Market-rate rents are projected to increase gross annual income to more than $224, 000, resulting in an estimated 8.0% cap rate. Supported by more than $2 billion in ongoing redevelopment throughout Pompano Beach, the property is well-positioned to benefit from continued growth, rising rental demand, and long-term appreciation. This is an exceptional opportunity to acquire a renovated, income-producing asset in one of South Florida's most desirable coastal markets.
MLS® NumberA12032534
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1970
Basement
DrivewayAssigned, Other
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 7, 2026List Date
$1,995,000List Price
  • Commute

Commute

Starting Address
Destination Address
2255 Se 5Th St, Pompano Beach, FL

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