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The Prestige at Palm Aire 4091 W Palm Aire Dr 39 Unit Apartment Building $37,620,045 CAD ($964,617 CAD/Unit) 4.81% Cap Rate Pompano Beach, FL 33069

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EXECUTIVE SUMMARY

**The Prestige at Palm Aire – 39 Luxury Townhomes (2023 Construction)
Prime Palm Aire Golf Course Fully Leased STR Allowed Rare A+ Asset**
Price: $26,950,000(can be qualified for bonus depreciation)
Property Type: Class A+ 2023 Construction Townhome Community
Units: 39
Location: Palm Aire Golf Course, Pompano Beach, FL
Investment Highlights
2023 Construction | Class A+ Townhome Community
Modern architecture, premium finishes, high-end design. Extremely low maintenance.
Fully Leased & Stabilized
Immediate cash flow with proven demand in one of Pompano’s strongest rental corridors.
STR & Long-Term Allowed
Flexible operations perfect for an investor seeking 5%+ returns or a mix of STR + long-term to maximize NOI.
No Competition
The ONLY townhome community of this size offered for rent in the area. Extremely high demand, zero local supply.
HOA Docs Finalizing Rare Condo Conversion Upside
New buyer can sell units individually in the future, creating enormous resale profit potential. Exit cap becomes irrelevant — sell 39 units retail.
Perfect for 1031 Buyers
Safe asset, high return, Class-A construction, and optional STR income make this a premium replacement property.
Unmatched Location – On the Palm Aire Golf Course
Directly on greenspace. Extremely desirable for tenants, snowbirds, golfers, and executives.
$2B+ “The Pomp” Mega Project 1 Mile Away
A transformational mixed-use development already under construction.
Will boost local economy, increase rents, add retail, restaurants, and drastically increase property values.
Pompano Beach Growth Story
One of South Florida’s fastest-growing cities with major public & private investment, rising rents, strong demographics, and sustained appreciation.
Summary
Prestige at Palm Aire is a trophy-level, Class A+ new construction townhome community in one of the strongest submarkets of Pompano Beach. With full occupancy, STR permissions, no competition, and Individual sale upside(HOA), this is a rare low-risk, high-yield opportunity ideal for 1031 buyers and private investors seeking long-term stability with immediate rental income and massive future upside.
For More Information Text To Schedule a Call
Inbal Ruiz – 786.991.6115

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $37,620,045 CAD
Price Per Unit $964,617 CAD
Sale Type Investment
Cap Rate 4.81%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
No. Units 39
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 4.38 AC
Building Size 75,000 SF
Average Occupancy 95%
No. Stories 2
Year Built 2023
Zoning RM-45

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Carpet

SITE AMENITIES

  • 24 Hour Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2.5 5 - -
3+2.5 17 - -
4+2.5 7 - -
4+3 10 - -
  • Listing ID: 38520575

  • Date on Market: 2025-11-20

  • Last Updated:

  • Address: 4091 W Palm Aire Dr, Pompano Beach, FL 33069

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