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1885 NE 53rd St

Pompano Beach FL 33064

6
2009 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

6 carspaces
2009 sq. ft. floor area
Single-Family

Property history for 1885 NE 53rd St

2023
Sold
$465,000
06 Oct 2023 by Fredd Nahum Matute Baca Sr, of THE KEYES COMPANY
2020
Sold
$275,000
04 Nov 2020 by Bob Bellemare P.A., CRS, CDPE, of RE/MAX First
2017
Sold
$250,000
11 Sep 2017 by Javier Fonseca, of RE/MAX In Motion Inc

Happy sellers in Pompano Beach

76%
76% of sellers in Pompano Beach reported that their sale price either exceeded or met their price expectations.

Pompano Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Pompano Beach over the last 12 months.

Local market activity for single-family properties in Pompano Beach

In the last 12 months, 529 single-family properties similar to 1885 NE 53rd St, have been sold.

This represents a 9% decrease in single-family properties sales when compared to the previous 12 months.

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