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$1,995,000
For Sale

231 SW 15th St,

Broward

Listed on March 4, 2025

Quadruplex

MLS® # A11755588
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
-
Parkings
12
Maintenance Fees
-
Annual Tax
$24,015

Description

GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY (plus a small office room for short term renters) IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Property under 24/7 security camera. Actual Cap Rate: 5.85%, Proforma Cap Rate 5.92 Income: $168,000. NOI: $116,220.36. Don’t miss this opportunity!

Beachfront Realty Inc

Features & Details

Learn about the features and details of 231 SW 15th St

Property Details

  • Property Type
    Quadruplex
  • Living Area
    -
  • Year Built
    1959
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $24,015.00
  • List Date
    3/4/2025
  • Updated
    6/24/2025
  • Last Checked
    Recent
  • MLS Number
    #A11755588
  • Brokerage
    Beachfront Realty Inc
  • Postal Code
    33060
  • Area
    Broward
  • City
    -

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $1,995,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central,Electric
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    Concrete,Pool
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 231 SW 15th St

Virtual Tour

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Real estate trends

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Explore Broward

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Mortgage Calculator
Estimate monthly payments for 231 15th St
$0
20.0%
$1,995,000
1%
5.25%
10%
Estimated Monthly Payment

$9,564

Cash Flow Analysis
Mortgage Payment:
$9,563.99
Monthly Payment:
$11,565.24
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this beautiful quadruplex in the heart of Cypress Lakes. Originally built in 1959. Offered at $1,995,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 231 SW 15th St

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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231 SW 15th St