Days on MarketDOM

35Days | 13%

Active InventoryAI

5,066 Homes | 31%

Median Sales PriceMSP

$640,000 | 11%

New ListingsNL

1,777 Homes | 2%

Closed SalesCS

1,226 Homes | -16%

Dollar VolumeDV

$1.5B | 13%

Months of InventoryMOI

4.4 Months | 38%

Pending SalesCS

1,463 Homes | -8%

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715 NW 5th Ave

$800,000 USD 5.2% Reduced $45,000

$800,000
5.2% Reduced $45,000

2,731 Sqft | 0.06 Acres Disagree?

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715 NW 5th Ave

Pompano Beach, FL 33060

$800,000
5.2% Reduced $45,000

2,731 Sqft | 0.06 Acres

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ECHO FINE PROPERTIES

715 NW 5th Ave Property Highlights

MLS# : A11212454
Listing Type : Residential Income
Total Area : 2,731 sqft ($303/sqft)
Year Built : 1961
Days on Market : 724

Status : Closed
Living Area : 2,731 sqft ($303/sqft)
Subdivision : Pinewood Heights
Total Floors : 2

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Property Details

Opportunity Zone newly renovated cash-flowing investment property. Four 2/1 units fully renovated with year leases. 8% Cap Rate. See accurate financials below. Featuring all new central ACs, updated electrical, impact windows (last ones currently being installed) and impact doors, replaced old cast iron piping with new PVC, installed new copper water piping, replaced wood beam rafters and structural sub-flooring for the second level. Interiors upgraded as well with new kitchens, bathrooms, etc. Gross Annual Income: $85,200 NOI: $70,126 Monthly Rents are: #1 $1,600 #2 $1,800 #3 $1,600 #4 $1,800 Annual Expenses: Taxes - $7,573 Insurance - $4,741 Water and Sewer - $2,760 Brand new coin operated washer and dryers are generating an extra $300 positive cash flow per month.

General Information

Cooling: Central Air
Flooring: Vinyl, Wood
Style: Fourplex
Utilities: Cable Available

Design: Fourplex

Roof: Shingle

Total Building Sqft: 2,731

Design: Fourplex
Roof: Shingle
Total Building Sqft: 2,731

Fees and Taxes

Buyer Agent Commission: 2%
Tax Year: 2021

Tax Amount: $7,573

Tax Amount: $7,573

Listing Courtesy of Atlas Investment R.E., Inc..

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To comply with local public health orders and in support of the COVID-19 mitigation, we added this virtual video function, and the "Realtor-Safe" Virtual Open Houses showcase online. Click here to view the full message on our blog.

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Echo Fine Properties, winner of Best Brokerage of the Palm Beaches in 2020, 2021 and 2022, is located in Palm Beach Gardens, Florida. We are a family-owned local brokerage that prides itself on having the finest full time luxury real estate agents who know the area backward and forward. Each agent is hand selected to join us for their knowledge of the area including golf club communities, gated communities, equestrian and ranch estates, condominiums, and waterfront and boating estates. Echo is unique in real estate in that our company pays for all marketing, advertising, and all support which is handled in-house. WE PAY, which lets the agent concentrate on our customers. Unlike other firms, agents never have to compromise the marketing budget. Our Home ECHOnomics Guarantee offers an unheard of 57-promises. This website consists of 5 separate MLS feeds, giving 100% accuracy ranging from Miami to Fort Lauderdale to Palm Beach to Martin County.

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Days on MarketDOM

35Days | 13%

Active InventoryAI

5,066 Homes | 31%

Median Sales PriceMSP

$640,000 | 11%

New ListingsNL

1,777 Homes | 2%

Closed SalesCS

1,226 Homes | -16%

Dollar VolumeDV

$1.5B | 13%

Months of InventoryMOI

4.4 Months | 38%

Pending SalesCS

1,463 Homes | -8%

715 NW 5th Ave Property Highlights

Get In-Depth Market Knowledge

Interested in more listings like this?

Property Details

General Information

Fees and Taxes

Similar Listings

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A message from the President of Echo Fine properties about COVID-19

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County Statistics YOY Updated April 18, 2024 1:02PM EST

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All stats are year over year

Days on MarketDOM

35Days | 13%

Active InventoryAI

5,066 Homes | 31%

Median Sales PriceMSP

$640,000 | 11%

New ListingsNL

1,777 Homes | 2%

Closed SalesCS

1,226 Homes | -16%

Dollar VolumeDV

$1.5B | 13%

Months of InventoryMOI

4.4 Months | 38%

Pending SalesCS

1,463 Homes | -8%

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715 NW 5th Ave Property Highlights

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