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

Local realty services provided by:Reliant Realty ERA Powered
3440 NE 16th Terrace #1-4,Pompano Beach, FL 33064
$1,260,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,261 sq. ft.
  • Multi-family
  • Active
Listed by: dan brooks, jonathan mark phillips
Office: keller williams realty services
MLS#:R11134665
Source:RMLS

Price summary

  • Price:$1,260,000
  • Price per sq. ft.:$386.38

About this home

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.

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Home facts

  • Year built:1967
  • Listing ID #:R11134665
  • Added:56 day(s) ago
  • Updated:December 17, 2025 at 07:44 PM

Rooms and interior

  • Living area:3,261 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1967
  • Building area:3,261 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public, Water Available, Well
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,260,000
  • Price per sq. ft.:$386.38
  • Tax amount:$9,923 (2024)
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