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

Overview

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.

Listing Details MLS# F10269686

General Property Information

Property Sub Type
Multi Family
Year Built
2015
Parking Total
36
Stories Total
2

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

Contract Information

Comp Sale YN
No
Listing Contract Date
2021-02-08
Original List Price
7995000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
2721
Street Direction Prefix
NE
Street Name
14
City Name
Pompano Beach
State Or Province
FL
Postal Code
33062
Area
3232
Geographic Area
NUS1 - North Broward Intracoastal To Us1 (3211-3234)
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.

Financial Information

Tax Annual Amount
110000
Tax Year
2019
Tax Legal Description
BRIDGEWATER VILLAS 181-1 LOT 1 BLK 1

Status Change Information

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
Buyer Financing
Cash

More Information

Building and Property Details

# Of Tenants
18

Short Sale Details

Lender Approval
Approved
Short Sale Addendum
No

Description of Unit Type 1

Unit Type
3 Bedroom
Units Total
18
Full Baths
2
Half Baths
3
Furnished
No

Concessions

Seller Concessions
No

Price Calculations

Original List Price To Close Price
0.92

Originating Details

Originating System Key
539979628
Originating System ID
M00000170

Currently Not Used

Number Of Units Total
18

Office/Member Information

DXORIGMLSID
FLL

Flooring

Tile
Yes
Other
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes
Financial Statement
Yes
Rent Rolls
Yes

Structure Type

Warehouse
Yes

Possession

Negotiable
Yes

Construction Materials

Block
Yes
CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

3rd Party Approval
Yes
Listing Office: Compass Florida, LLC
IDX
Last Updated: February - 28 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.