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2255 SE 5th St

Pompano Beach, FL 33062
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Bed 1

Bed

Bath 1

Bath

SqFt5,880

Sqft

Fausto Commercial is pleased to present 2255 SE 5th Street, a 10-unit multifamily investment opportunity in the highly desirable Southeast Pompano Beach submarket. Located east of Federal Highway and minutes from the beach, Pompano Beach Pier, dining, entertainment, and retail destinations, the property benefits from strong rental demand and excellent accessibility. The property consists of 10 renovated one-bedroom, one-bathroom units within a well-maintained concrete building totaling approximately 5,880 SF. Units feature updated interiors and central air conditioning, and residents have access to an on-site coin laundry facility. The asset currently generates $209,880 in gross annual income and is offered at a 7.29% cap rate, providing strong in-place cash flow. The property offers additional upside potential through continued rental rate optimization. Market-rate rents are projected to increase gross annual income to more than $224,000, resulting in an estimated 8.0% cap rate. Supported by more than $2 billion in ongoing redevelopment throughout Pompano Beach, the property is well-positioned to benefit from continued growth, rising rental demand, and long-term appreciation. This is an exceptional opportunity to acquire a renovated, income-producing asset in one of South Florida's most desirable coastal markets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,995,000

AD Id : 80654616

MLS Id : A12032534

Beds : 1

Living Area Size : 5,880

Year Built : 1970

County : Broward

  • Map Map

Map

Feature Features

  • Interior Features

    Roof: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Other Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1970
    Building Area Total: 5880
    Construction Materials: Block, Other
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Description: LessThanQuarterAcre

    Property Information

    Subdivision: SANTA BARBARA ESTATES Source Property Type: ResidentialIncome MLS Area Minor: North Broward Intracoastal To Us1 (3211-3234) Postal Code Plus 4: 6030 Zoning Description: RM-20 Property SubType: Quadruplex Levels: Two Property Age: 56

  • Listing Price Information

    Listing Price: $1995000
    Cash, Conventional

  • Tax Information

    Parcel Number: 494306070060 Tax Year: 2025 Annual Tax: $36765 Tax Legal Desc: SANTA BARBARA ESTATES 9-10 B SEC A LOT 9,10 BLK 1

  • Parking Information

    Parking Total: 11

  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2051 NE 25th Ave, Pompano Beach, FL, 33062 $799,000 4 4 2,483 2,483 SqFt
3405 Norfolk St, Pompano Beach, FL, 33062 $2,200,000 8 8 4,032 4,032 SqFt
1231 NE 23rd Ave, Pompano Beach, FL, 33062 $1,200,000 4 4 2,887 2,887 SqFt
1211 NE 23rd Ave, Pompano Beach, FL, 33062 $1,549,000 -- -- 4,334 4,334 SqFt
1247 NE 23rd Ave, Pompano Beach, FL, 33062 $1,900,000 12 12 1,364 1,364 SqFt
3204 NE 6th Street, Pompano Beach, FL, 33062 $1,250,000 4 4 1,640 1,640 SqFt
3301 SE 12th Street, Pompano Beach, FL, 33062 $3,459,000 -- -- 4,611 4,611 SqFt
213 Hibiscus Avenue, Pompano Beach, FL, 33062 $1,500,000 3 4 2,055 2,055 SqFt
708-710 NE 23rd Avenue, Pompano Beach, FL, 33062 $995,000 4 2 2,192 2,192 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/07/2026 @ 22:11

MLS: A12032534 LISTED BY: Arun Mohan, Fausto Commercial Realty Consultants Inc 786-748-7373 SOURCE: SEFMIAMI

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