2721 NE 14, Pompano Beach, FL 33062
$7,400,000
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$7,400,000
List Date:
2/08/2021
Last Modified:
2/28/2026
Description
Looking for a great income-producing property with great potential? 18-townhome located in the same complex under an association controlled by 1 entity. 100% currently rented long term but it could also be used as a short-term rental. The complex was built in 2016 & it includes a community pool. All homes have a gated patio and have the same floor-plan. Open floor-plan with a guest bath on the first floor complemented with 3 bedrooms + laundry room + 2 baths on the second floor + 1 car garage. Amazing location on the 14 Street Causeway less than 1 mile from the beach, restaurants, shopping, golf course, and much more. This sale includes 18 folio numbers + the association controlling the management of the complex.
More Information MLS# F10269686
Contract Information
Comp Sale YN: No
Listing Date: 2021-02-08
Status: Closed
Original List Price: 7995000
Sold Price: $7,400,000
Current Price: $7,400,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Pompano Beach
Postal Code: 33062
Geographic Area: NUS1 - North Broward Intracoastal To Us1 (3211-3234)
Country: United States
Street Number: 2721
Street Direction Prefix: NE
Street Name: 14
State Or Province: FL
Area: 3232
Parcel Number: 484330470011
Zoning: RM-25
Directions: Go East on 14th Street Causeway in Pompano Beach, property will be in the North side on the street.
General Property Information
Number Of Units Total: 18
Stories Total: 2
Property Sub Type: Multi Family
Year Built: 2015
Parking Total: 36
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2021-05-13T09:33:58Z
Major Change Type: Status Change
Status Change Date: 2021-05-17
Under Contract Date: 2021-04-01
Close Date: 2021-05-13
Close Price: 7400000
Flooring
Tile: 1
Other: 1
Property Condition
Resale: 1
Short Sale Details
Lender Approval: Approved
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Financial Statement: 1
Rent Rolls: 1
Structure Type
Warehouse: 1
Possession
Negotiable: 1
Building and Property Details
# Of Tenants: 18
Construction Materials
Block: 1
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Description of Unit Type 1
Unit Type: 3 Bedroom
Units Total: 18
Beds Total: 3
Full Baths: 2
Half Baths: 3
Furnished: No
Showing Requirements
Call Listing Agent: 1
Contingencies
3rd Party Approval: 1
Concessions
Seller Concessions: No
Price Calculations
Original List Price To Close Price: 0.92
Financial Information
Tax Annual Amount: 110000
Tax Year: 2019
Tax Legal Description: BRIDGEWATER VILLAS 181-1 LOT 1 BLK 1
Originating Details
Originating System Key: 539979628
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s); Financial Statement; Rent Rolls
Flooring: Tile; Other
Possession: Negotiable
Property Condition: Resale
Construction Materials: Block; CBS
Listing Terms: Cash; Conventional
Structure Type: Warehouse
Showing Requirements: Call Listing Agent
Contingencies: 3rd Party Approval
Listing Office:
Compass Florida, LLC
Last Updated: February - 28 - 2026
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