1885 NE 53rd St Pompano Beach, FL 33064

$538,900

7 Beds

3 Baths

1675 SQFT

Property Details

MLS#

A11900440

Type

Single Family Residence

Status

Active Listing

Square Footage

1,675

Bedrooms

7

Bathrooms

3 full

Year Built

1955

Tax Amount

$9,717

Property Description

Income-Producing Property with Legal Living Efficiency powered by Solar Pannels! Live in and collect rent or take advantage of Great ROI. Unique opportunity in East Pompano Beach! This property features two detached living units in one lot. The main home offers approx. 1,675 sq ft with 6 bedrooms and 2 bathrooms, currently rented for $4,800/month. In the rear, a separate efficiency unit (approx. 240 sq ft) includes 1 bedroom, 1 bathroom, and a full kitchen, bringing in $1,200/month.Total rental income $6,000/month and NO electric bill, full solar power system covering the entire property. This is a high-cash-flow investment with minimal operating costs. Perfectly located just west of US-1 near shopping, beaches, and major highways. Do not disturb tenants. Showings by appointment only.

Amenities

Cooling: Central Air, Electric

Room For Pool

First Floor Entry

Separate Guest/In-Law Quarters

Studio Apartment

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Listing Broker: United Realty Group Inc
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