Tour
$10,000 Closing Credit¹
#A11779261, Melanie Laugisch, Listing office: First Pro International Rlty
$1,089,000 List price
715 NW 5th Ave Pompano Beach, FL 33060
$10,000
Closing credit¹
2,731 sqft
$399 / sqft
Multi-Family
Property details
About 715 NW 5th Ave
Income-Producing Fourplex in Central Pompano Beach – 5.3% Cap Rate This remodeled fourplex offers a strong investment opportunity in the heart of Pompano Beach. All four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. Each unit is separately metered for electricity, minimizing landlord expenses.The building has undergone a complete renovation, including installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. Water expenses paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:5.3% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.
Highlights
Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,731 sqft
Year built1961
MLS #A11783500
Virtual tour
Summary
- Flooring Type: Laminate
- Architectural Style: Fourplex
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $1,089,000
- Price/SqFt: $398
- Year Built: 1961
- Stories: 2
- Living Area: 2,731 SqFt
- MLS Number: A11783500
- MLS Name: SEFMIAMI
- Office Name: Lopez & Hurst Realty, Inc.
- Office Phone: (305) 814-7631
- Office Email: Lopez@LopezAndHurst.com
- Listing Agent: Esthael Rendon
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/15/2025, 7:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,089,000
715 NW 5th Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
7
Sanders Park Elementary School
Public Magnet PK-5
0.7 mi
•800 NW 16th St
5
Innovation Charter School
Public Charter KG-5
0.9 mi
•600 SW 3rd St
5
Robert C. Markham Elementary School
Public Magnet PK-5
1.1 mi
•1501 NW 15th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,071. Residents of Pompano Beach, FL typically earn less than $<35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
66%
<35k
30%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
30%
Single, with Kids
10%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Church's Chicken
What do the neighbors drive?
Buick
Pontiac
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 715 NW 5th Ave
The listing price of 715 NW 5th Ave property is $1,089,000.
The property 715 NW 5th Ave is a multi located in Pompano Beach, Florida, 33060.
Active Listing: 715 NW 5th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 715 NW 5th Ave are: Sanders Park Elementary School (GreatSchools Rating 7/10), Innovation Charter School (GreatSchools Rating 5/10), Robert C. Markham Elementary School (GreatSchools Rating 5/10), Pompano Beach Middle School (GreatSchools Rating 4/10), Crystal Lake Middle School (GreatSchools Rating 3/10), James S. Rickards Middle School (GreatSchools Rating 4/10), Blanche Ely High School (GreatSchools Rating 4/10), Pompano Beach High School (GreatSchools Rating 9/10), Andrews High School (GreatSchools Rating 1/10).
The property 715 NW 5th Ave is 2,731 SqFt (source: MLS/tax record).
The year of construction for 715 NW 5th Ave is 1961.
This home is located at 715 NW 5th Ave in Pompano Beach, FL and zip code 33060 in the Blanche Ely neighborhood. This 2,731 square foot home was built in 1961. Features: 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $1,089,000.
Over 5 listings were sold over their listed price in May 2025 in Pompano Beach, FL. In the same period over 52 listings were sold below the listed price and 7 listings were sold for the listed price. The number of listings in Pompano Beach, FL increased by 9.7% between April and May 2025. In May 2025, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $390,020.
From Rocket Homes Real Estate and based on county public records data.