Avondale Parkside
Closed541 SW 2nd Ct, Pompano Beach, FL 33060
Property type
Multifamily
Unit / Space count
6
Price
$2,090,000
Building size
6,302 sf
Rentable area
6,302 SF
Year built
2023
Year renovated
Occupancy
100%
Stories
2
APN
49-42-02-02-1500
Zoning code
RM-30 - MULTIPLE-FAMILY RESIDENCE
Lot size
0.27 Acres
Unit mix
6x
2br
Bedroom count
Price per Unit
$348,333
Price per SF
$331.64
Property description
Franklin Street has been retained on an exclusive basis to market for sale Avondale Parkside - 541 SW 2nd Ct (“The Property”) a new construction multifamily opportunity in Pompano Beach, FL. The property is situated on 11,719 sq ft of land (0.26 acre) with RM-30 Zoning. The opportunity represents a rare opportunity to purchase a newly constructed building in one of the fastest growing submarkets in South Florida. The building is constructed on a basis of steel columns, concrete slabs, and concrete stairs with galvanized metal railings and handrails. The building has a pedestrian access and private parking. Each apartment is composed by 2 blocks which divide the space into a public and a private sector. The public sector consists of one living room, a dining room and an integrated kitchen, while the private sector incorporates on one side a master bedroom with its own bathroom and dressing room and on the other a bedroom and one bathroom. The property is located just east of Avondale Park and South of E Atlantic Blvd and within an 5-minute drive to Harrah’s Pompano Beach, and a 10-minute drive to the beach (Briny Ave) allowing tenants easy access to major retailers, schools, and beaches. The investment opportunity consists of a current unit mix of (6) two-bedroom & two-bathroom units. The total square footage of the building is approximately 6,302 SF. Located in the rapidly evolving market of Pompano Beach, Avondale Parkside is ideally positioned to capitalize on the expansion of the successful new construction projects nearby.
Property highlights
- Building Sold Vacant
- New Construction
- All 2-2 Units