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    Pompano Beach Multifamily Investment Property

    131 SW 14th Court Pompano Beach, FL 33060

    131 SW 14th Court, Pompano Beach, FL, 33060
    $655,000
    For Sale
    Claim this Listing
    $655,000

    MULTI_FAMILY - Pompano Beach, FL

    Property Size1,982 SF
    Price / SF$330.47
    AddedFeb 20
    Days on Market145
    Last RefreshJul 15 at 10:06 am

    Property Features for 131 SW 14th Court

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM-20
    Bedrooms
    4
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 1
    Standard status
    Active
    APN
    494202260070
    Size
    1,982 SF

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    WESTFIELD SEC B RESUB POR PARCEL A 74-44 B LOT 7
    Tax Annual Amount
    8969

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1972
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Tile
    Building materials
    CBS
    Roof type
    Shingle, Composition

    Listing agent Jino Kuriakose License #3285990

    Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL

    Listing date Feb 20, 2026

    MLS# F10554146 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This well-maintained, fully rented triplex in Pompano Beach, Florida, presents an investment opportunity with reliable long-term tenants. The property, situated on a quiet cul-de-sac, has been freshly painted inside and out and features numerous recent upgrades. These include updated GE electrical panels, two brand-new central A/C units, and all-new impact windows. The property offers five assigned parking spaces. With no deferred maintenance, this property is a turnkey investment. The location is highly desirable for tenants, situated just two blocks from Pinecrest High School, three miles from the beach, and one mile from Topgolf and Harrah's Casino. The property size is 1982 square feet. The zoning is RM-20.

    Key Highlights

    • 1972‑built CBS construction with tile flooring
    • Fully rented property with reliable long‑term tenants in place
    • Two brand‑new central A/C units with central heating

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $49.9k $25.20
    − Vacancy −$2.6k −$1.31
    EGI $47.3k $23.89
    − OpEx −$14.2k −$7.17
    NOI $33.1k $16.72
    1,982 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $473.5K
    $414.3K – $552.4K (±1% cap)
    NOI $33,144 @ 7.0% cap · market cap 5.06%
    Second Best
    Apartment 5plus
    $434.9K
    $380.6K – $507.4K (±1% cap)
    NOI $30,446 @ 7.0% cap · market cap 4.65%
    Theoretical Best
    Office A
    $773.0K
    $676.4K – $901.8K (±1% cap)
    NOI $54,109 @ 7.0% cap · market cap 8.26%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Bakery Locksmith

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Triplex - Well-maintained, fully rented triplex with recent upgrades and long-term tenants.
    Where is this triplex located?
    The property is located at 131 SW 14th Court Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $655,000.
    What are key features of this property?
    This property features: 1972‑built CBS construction with tile flooring; Fully rented property with reliable long‑term tenants in place; Two brand‑new central A/C units with central heating
    Contact an agent
    (954) 937-5651
    We can help!
    Contact an agent
    Jino Kuriakose
    Jino Kuriakose
    Real Estate License ID: 3285990
    Learn More
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