2275 NE 12th StreetPompano Beach, FL 33062MLS Number B26057380

  • Price: $4,950,000
  • 1 Day on Market
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Federal 30-year interest rate: 6.58% last updated on Jul 23, 2026
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2275 NE 12th Street Pompano Beach FL 330622275 NE 12th Street Pompano Beach FL 330622275 NE 12th Street Pompano Beach FL 330622275 NE 12th Street Pompano Beach FL 330622275 NE 12th Street Pompano Beach FL 330622275 NE 12th Street Pompano Beach FL 330622275 NE 12th Street Pompano Beach FL 330622275 NE 12th Street Pompano Beach FL 330622275 NE 12th Street Pompano Beach FL 330622275 NE 12th Street Pompano Beach FL 330622275 NE 12th Street Pompano Beach FL 330622275 NE 12th Street Pompano Beach FL 33062
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  • 0.42Acreage
  • 1958Year Built
20 Unit Multifamily Investment, East of Federal Hwy in Pompano Beach. Stabilized apartment community on two contiguous parcels totaling 18,112 SF, minutes to the beach and Intracoastal, without the added price tag of being on the barrier island. CBS construction, offering 11,16 SF across two buildings with 18 one bedroom and 2 two bedroom units. In place rents that are a bit below market, offering upside through lease renewals which can be increased through value add updating. Zoned RM-20, the site benefits from low submarket vacancy and steady rent growth, plus proximity to the downtown core redevelopment, and new luxury beachfront hotels driving workforce housing demand. It's rare to find an offering of this many units in one building in this supply constrained coastal submarket.
Listing by Nicklaus Vance

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Ocean Estate Properties

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Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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Basic Information

  • Gross Income $397,200

Basic Information

  • List Price$4,950,000
  • MLS NumberB26057380
  • Modification Date07/28/2026
  • Property SubTypeMulti Family
  • Property TypeCommercial Sale
  • StatusACT
  • Virtual TourView Tour

Exterior

  • RoofComposition

Amenities

  • Cooling Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling YN Yes
  • Other AmenitiesBeachfront
  • Security Features Smoke Detector(s)

Legal

  • Parcel Number 484330200090
  • Universal Parcel Id urn:reso:upi:2.0:US:12011:484330200090

Tax Information

  • Tax Legal Description FLORENCE VILLAS 42-8 B LOT 1 BLK 2
  • Tax Year 2025
  • Taxes$63,687

Building

  • Building ConstructionBlock
  • FoundationSlab
  • Stories2
  • Units20
  • Year Built1958

Property

  • Number Of Buildings 2

Utilities

  • Electric 220 Volts
  • Heat SystemElectric, Wall Furnace
  • Heating YN Yes
  • Utilities Electricity Connected, Sewer Connected, Water Connected
  • Waste Water DisposalPublic Sewer

Water Body

  • Water AccessPublic

Parking

  • Parking Features Common
  • Parking Total 25

Location

  • Address2275 NE 12th Street
  • Area3232
  • Building Number2275
  • CountyBroward
  • StateFL
  • StreetNE 12th Street
  • TownPompano Beach
  • Zip33062

Interior

  • Flooring Tile

Property Information

  • Acreage0.42
  • Lot Features 1/4 to 1/2 Acre Lot
  • Occupant Type Tenant
  • Property Condition Resale
  • Property Sub Type Additional Multi Family

Other

  • Date Listed07/28/2026
  • Documents Available Lease, Rent Rolls
  • Possession Close Of Escrow
  • Special Listing Conditions Standard

Based on information submitted to BeachesMLS as of July 29, 2026 7:43 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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