$1,260,000

3440 NE 16th Terrace 1-4, Pompano Beach, FL 33064

  • 3,261 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $386/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Great Investment opportunity well located in east Pompano Beach! 5-Unit multifamily - 2/2(private w/d), 2/1, 1/1, 1/1 and Studio. Most tenants have been in place for 4+ years. 4 bigger units have central AC, all impact windows. New plumbing, new sprinklers, full impact windows, roof approximately 2010. 5.5% Cap Rate. Perfect for a new investor to start out or for a seasoned investor wanting to add to the portfolio. Close to all the great restaurants and shopping in Pompano, and a short drive to the new Pompano Pier! Call listing agent for a breakdown of rent rolls and expenses.

Listing Status:
Active
Date Added:
October 23, 2025 at 05:00AM
Listing Office:
Keller Williams Realty Services : (561) 245-4000
Listing Agent:
Dan Brooks : (561) 571-8734
MLS ID:
R11134665
  • Flooring: Ceramic Tile
  • A/C: Central Air
  • Heating: Central
  • Pool: None
  • Roofing: CompositionShingle
  • Windows: Impact Glass
  • General: Block2
  • Originating MLS: FTL_RMLS
  • County: Broward
  • Zoning: CRESTHAVEN NO 9 REPLAT 46-1 B LOT 3 BLK 1484224190080
  • Utilities: Cable AvailableElectricity AvailableSewer AvailableWater Available
  • Water: PublicWell
  • Sewer: Public Sewer
  • Source: FTL_RMLS

This listing courtesy of Dan Brooks, Keller Williams Realty Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Norcrest Elementary School

3951 NE 16th Ave, Pompano Beach, FL, 33064

Grades KG-5

0.38 miles away

S

Somerset Pines Academy

901 NE 33rd St, Pompano Beach, FL, 33064

Grades KG-8

0.62 miles away

B

Bright Horizons

3901 NE 1st Ter, Deerfield Beach, FL, 33064

Grades KG-12

1.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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