Avondale Parkside

Address: 541 SW 2nd Ct, Pompano Beach, Florida, US

California & West + Apartments

Created date: October 19, 2023

Date last updated: October 19, 2023

Current Unit Mix Consists Of (6) 2 Bed 2 Bath Units
New Construction
Building Will Be Delivered Upon Certificate Of Occupancy
Close Proximity To Shopping, Dining, And Entertainment
10 Minute Drive To The Beach (Briny Ave) And 5 Minute Drive To Harrah’s Pompano Beach
The Building Borders Avondale Park
All Utilities Are Individually Metered

Property Description

Franklin Street has been retained on an exclusive basis to market for sale Avondale Parkside - 541 SW 2nd Ct (“The Property”) a new construction multifamily opportunity in Pompano Beach, FL. The property is situated on 11,719 sq ft of land (0.26 acre) with RM-30 Zoning. The opportunity represents a rare opportunity to purchase a newly constructed building in one of the fastest growing submarkets in South Florida. The building is constructed on a basis of steel columns, concrete slabs, and concrete stairs with galvanized metal railings and handrails. The building has a pedestrian access and private parking. Each apartment is composed by 2 blocks which divide the space into a public and a private sector. The public sector consists of one living room, a dining room and an integrated kitchen, while the private sector incorporates on one side a master bedroom with its own bathroom and dressing room and on the other a bedroom and one bathroom. The property is located just east of Avondale Park and South of E Atlantic Blvd and within an 5-minute drive to Harrah’s Pompano Beach, and a 10-minute drive to the beach (Briny Ave) allowing tenants easy access to major retailers, schools, and beaches. The investment opportunity consists of a current unit mix of (6) two-bedroom & two-bathroom units. The total square footage of the building is approximately 6,302 SF. Located in the rapidly evolving market of Pompano Beach, Avondale Parkside is ideally positioned to capitalize on the expansion of the successful new construction projects nearby.

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Key Property Information

Listing Status:	Available
Listing Type:	Highest & best offer
Multifamily type:	Apartments
Price:	$2,300,000
No. of Units:	6
Year Built:	2023
Building Size:	6,302 Sq ft
Lot Size:	11,719.00 Sq ft
Opportunity Zone:	No
Price per unit:	$383,333