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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 Contract 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

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
2721 NE 14, Pompano Beach, FL 33062- MLS# F10269686
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