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2255 SE 5th St
Pompano Beach, FL 33062 Outer Pompano Beach/Deerfield Beach

$1,995,000 USD

Apartments For Sale • 5,880 SF

Property Details

Property Type Apartments
Total Building Size 5,880 SF
Lot Size 0.24 AC
Building Class C
Year Built 1970
Cap Rate 7.29 %
Zoning RM-20

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                Strong In-Place Cash Flow: Generating approximately $209,880 in annual gross income at a 7.29% cap rate.
                            
                                Value-Add Upside: Below-market rents provide a path to over $224,000 in gross income and an estimated 8.0% cap rate.
                            
                                Renovated Apartment Community: Ten updated one-bedroom units with central A/C and modern interiors.
                            
                                Desirable Southeast Pompano Location: East of Federal Highway and minutes from the beach, pier, dining, and entertainment.
                            
                                Positioned for Long-Term Growth: Surrounded by over $2 billion in redevelopment and mixed-use investment activity.

Property Flyers

Offering Memorandum

Financial Summary (Actual)

Net Operating Income: $145,355 USD (2025)

Cap Rate:	7.29 %
Total Expenses:	$64,525 USD

Amenities

Air Conditioning
Cable Ready
Laundry Facilities
Trash Pickup - Curbside
Ceiling Fans
Refrigerator
Handrails

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	10 min	-	4.5 mi
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	12 min	-	5.9 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	25 min	-	16.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	11
Type:	Surface
Included in Rent:	Yes

Arun Mohan 931-319-7072 Fausto Commercial Realty Consultants

2255 SE 5th St Pompano Beach, FL 33062 Outer Pompano Beach/Deerfield Beach