Novelty Park Apartments Listing Details & Market Data

325 NW 15th Street, Pompano Beach, FL 33060

  • For Sale $1,600,000
  • Property Type Multi-Family
  • Property Size 6,369 SF
  • Units 9
  • Lot Size 0.3 Acre
  • Year Built 1970
  • Year Renovated 2022
  • Date Updated Apr 15, 2024
Pompano Beach, located along the southeastern coast of Florida situated between two major cities in Florida. West Palm Beach to the North and Fort Lauderdale to the South. Often considered one of Broward county's premier path of progress investment opportunities, Pompano Beach is heavily focused on its redevelopment of their core areas. Pompano Beach’s (Old Town) DT Arts and Entertainment District is a 75-acre new mixed-use development downtown area including Old Town, city hall and the residential neighborhood north of Martin Luther King Blvd that includes 800,000 square feet of the new development for office, retail, and residential uses. The City of Pompano Beach is renowned for its pristine beaches, warm weather, and vibrant coastal lifestyle. With miles of golden sands and crystal-clear waters, Pompano Beach offers a paradise for beach lovers and outdoor enthusiasts alike. Visitors and residents can enjoy a wide range of water activities, from swimming and sunbathing to snorkeling, scuba diving, and deep-sea fishing. The city's picturesque shoreline is complemented by beautifully landscaped beachfront parks, providing ample space for picnics, beach volleyball, and family gatherings. Pompano beach is world renowned for "Shipwreck Park" and brings diving enthusiasts from around the globe supporting diverse tourism for the City. Beyond its stunning beaches, Pompano Beach offers a diverse array of cultural, dining, and entertainment options. The city's lively beachside area features an eclectic mix of restaurants, cafes, and bars serving everything from fresh seafood to international cuisine. Throughout the year, Pompano Beach hosts a variety of festivals, fishing tournaments, concerts, and events, showcasing local talent and fostering a sense of community among residents and visitors. The City of Pompano Beach is also a major contributor to the Broward County economy featuring economic drivers that include but are not limited to Aviation, Aerospace, Healthcare, Retail, Hospitality, Technology, Innovation, Education, Research, and Railway Industrial Industries. As of 2021, 111,348 people called Pompano Beach home making it one of the largest cities in Broward County.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Attractive Value-Add Opportunity In Path Of Progress
  • Rent Raise via Continued Renovations and Repositioning of Rent Roll
  • 40-Year Completed - 2024
  • New Roof 2022 - On Site Laundry Facilities
  • +/- 2.5 miles from Pompano Beach Public Beach and Fisher Family Pier
  • +/- 2.2 miles from Harrah's Pompano Beach Redevelopment Project
  • +/- 1.0 mile from Pompano Beach’s (Old Town) Downtown Arts and Entertainment District
  • Highly Aggressive Community Redevelopment Agency (CRA)
  • Lot Size 12,992 SF | Adj Bldg Size 6,383 SF
  • Desirable Unit Mix: (7) 1/1, (1) 2/1, (1) 2/2

Contacts

broker

Steven Paulsen

Open Market CRE

(954) 859-5003

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (52)
  • Transit Score ®

    Some Transit (30)
  • Bike Score ®

    Bikeable (66)
Powered by Walk Score ®
  • City Pompano Beach, FL
  • Neighborhood Canal Point - Pine Tree Park
  • Zip Code 33060
  • Market Fort Lauderdale

Points of Interest

  • Pompano Beach

    1.86 miles

  • Cypress Creek

    3.41 miles

  • Deerfield Beach

    4.93 miles

  • Fort Lauderdale

    8.52 miles

  • Esplanade Park

    8.83 miles

  • River House

    8.94 miles

  • Fort Lauderdale

    9.09 miles

  • RaceTrac

    0.98 miles

  • Westar

    1.01 miles

  • BP

    1.15 miles

  • Mobil

    1.26 miles

  • Chevron

    1.28 miles

  • Sunoco

    1.71 miles

  • Shell

    1.73 miles

  • Speedway

    1.73 miles

  • Marathon

    1.75 miles

  • Sunoco

    1.80 miles

  • Ambulance Parking

    2.31 miles

  • Pompano Beach Pier Parking Garage

    2.46 miles

  • Semi Parking

    3.60 miles

  • DRV PNK Stadium Parking Lots

    4.15 miles

  • South Ocean Lot

    4.46 miles

  • South Beach Lot

    5.26 miles

  • Parking at Galt Villas

    5.33 miles

  • Boat Trailer Parking

    5.60 miles

  • Main Lot

    5.64 miles

  • Fire Station Lot

    5.68 miles

  • Subway

    0.97 miles

  • Miami Subs

    0.97 miles

  • McDonald's

    0.98 miles

  • Dunkin' Donuts

    1.11 miles

  • Play By Play Sports Bar and Grill

    1.53 miles

  • Wendy's

    1.63 miles

  • Wendy's

    1.73 miles

  • Lester's Diner

    1.79 miles

  • Dunkin' Donuts

    1.80 miles

  • Burger King

    1.82 miles

  • Sanders Park Elementary

    0.34 miles

  • Ely Blanche High School

    0.39 miles

  • Coleman School

    0.74 miles

  • Pompano Beach Middle School

    0.84 miles

  • First Baptist Preschool

    1.00 miles

  • Robert C Markham Elementary School

    1.01 miles

  • Kiddle Kollege

    1.08 miles

  • Project School

    1.14 miles

  • Palmview Elementary School

    1.22 miles

  • Pompano Beach Elementary School

    1.25 miles

  • Broward Children's Center

    1.82 miles

  • New River

    8.58 miles

  • The Learning Tree Preschool

    8.99 miles

Contact Listing Broker

broker

Steven Paulsen

Open Market CRE

(954) 859-5003