3208 NE 11th St Pompano Beach, FL ^$ 5,500,000

3208 NE 11th St

^$ 5,500,000

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3208 NE 11th St

Pompano Beach, FL, 33062

^$ 5,500,000

Studio Baths0.0 Sq 10,642

Monthly Estimate*

^$ 36,555

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Studio

Commercial Property for sale in Pompano Beach, FL

for $5,500,000. This 10,642 square foot building was built on a lot size of 0.575023.

This completely renovated and modernized hotel is located in an extremely desirable vacation area that boasts a true small beach town feel, only one short block from the beach. The physical property consists of 10,530 leasable SF, well situated on a large 25,047 SF lot, 26 studio apartments, a large swimming pool, & separate large building with a full commercial kitchen that can be used as a 3/2 SFH or clubhouse. Recent upgrades include new electricity, new plumbing, new fire systems, new roofs, new HVAC, new flooring, new backup generators, new bathrooms, & much more.

Commercial Active

Price

^$ 5,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 53,091

Style

HotelMotel

Lot Size

0.575023

Town/City

Pompano Beach

County/Region

Broward

MLS | Web ID

A11536834

Features

Interior

Flooring Tile

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Total Baths 0

General

Stories 2

Levels Two

Property SubType HotelMotel

Tax Year 2023

County Broward County

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

City Pompano Beach

View Y/N N

Senior Community Y/N N

MLS Area 3300

Lot Size Square Feet 25048.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 11th St

Listing Terms Cash Conventional

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 53091.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11536834

Days on Market 87

Structure Type HotelMotel

Standard Status Active

Occupancy Type CallAgent

Exterior

Lot Size Area 25048.0

Number of Buildings 2

Spa N

Building Area Total 10642.0

Lot Size Units SquareFeet

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3208

* Excluded Features

List By

Joshua Realty Services, Llc.

Broker

ltchabad@gmail.com

Affordability Calculator

$40,979

Per Month

Monthly Principal & Interest: $36,555
Monthly Property Taxes: $4,424
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Pompano Beach, FL

Average List Price ^$1,632,597

Percent of Sale Price 70%

About Pompano Beach, FL

108,223 Population

9% Since 2002

^$46,370 Median Income

43.63 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/21/2024	$5,500,000		Listed Price

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3208 NE 11th St, Pompano Beach, FL, 33062 is a Commercial Property for sale at $5,500,000 with 10,642 sqft and a lot size of 0.575023. 3208 NE 11th St is a studio with 0.0 baths. The property's zip code is 33062 which is in Pompano Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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3208 NE 11th St

Commercial Property for sale in Pompano Beach, FL

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