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
Show More Features
Price history
Learn about the price history of 231 SW 15th St
Virtual Tour
Take a 3D tour of this property
Login to view 3D Virtual Tour
Real estate trends
View trends of price in Miami over the last 12 months
Explore Broward
Learn about the area around 231 SW 15th St
Mortgage Calculator
Estimate monthly payments for 231 15th St
$0
20.0%
$1,995,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$9,564
Show More Details
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.
Similar listings
Shop homes for sale similar to 231 SW 15th St, Broward
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
How many bedrooms and bathrooms does this home have?
Does this property have parking available?
What are annual taxes for 231 SW 15th St?
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.