309 SE 12th Ave

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309 SE 12th Ave

Pompano Beach, FL 33060
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 309 SE 12th Ave in Pompano Beach Florida
  • Asset type classified as a multifamily apartment building
  • Positioned within the competitive South Florida residential housing market
  • Property offers potential for long-term income generation
  • Situated for convenient access to regional Broward County corridors

What's Special

Pompano Beach maintains a strong residential appeal within the South Florida region, benefiting from consistent population growth and access to the broader Broward County economy. This multifamily apartment building, situated at 309 SE 12th Ave, presents a clear opportunity for investors looking to establish or expand their footprint in this coastal market. The property benefits from the city's ongoing revitalization efforts and proximity to major regional transit corridors, which continue to drive demand for quality rental housing. Apartment buildings of this nature are well-positioned to serve long-term residents, seasonal workers, and those relocating for the proximity to regional employment centers. The asset provides a stable foundation for income-generating potential through active management and capital improvements. Given the tight inventory constraints typical of the South Florida corridor, this site offers a functional configuration suitable for various investment strategies focused on the multifamily sector.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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