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    231 SW 15Th St Pompano Beach, FL 33060

    Pending
    For Sale
    $1,860,000

    Fourplex, Quadruplex - Pompano Beach, FL

    Type:Quadruplex
    Days on Market:
    11
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 231 SW 15Th St

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Pending
    Zoning
    RM-20
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    10
    Bathrooms
    8
    APN
    494202142490
    Parking
    12

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1959
    Flooring type
    Other
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    Beachfront Realty, Inc (305) 405-0615 [email protected]

    Listing agent Eric Amsallem (305) 405-0615 License #3185189

    Listing date Nov 26, 2025

    MLS# A11755588 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pompano Beach Multifamily Investment Opportunity

    This is an 8-unit multi-family property, plus a small office room for short term renters, located in Pompano Beach, approximately 3.5 miles from the beach. The renovated building includes a fenced-in pool. It features two 2-bedroom, 1-bathroom units and six 1-bedroom, 1-bathroom units, all with updated interiors and exteriors. The property has a new roof, impact doors and windows, and a fenced pool area. There is ample parking and guest parking available. The units are fully tenant-occupied with annual leases. The kitchens are equipped with stainless steel appliances, granite countertops, and cherry wood cabinets. The property is under 24/7 security camera surveillance. The property's zoning is RM-20.
    Property Profile Location Intelligence

    Current Use by Public Records

    Downward Dogs Pet ... Pet Sitter Kaplan Construction LLC Construction Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1261585
    Latitude
    26.2112283

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    FAQs

    What type of property is this?
    Quadplex - Renovated 8-unit multifamily property with pool, near Pompano Beach.
    Where is this quadplex located?
    The property is located at 231 SW 15Th St Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $1,860,000.
    What are key features of this property?
    This property features: - High Income Potential: $168,600 annual income, $113,825.71 NOI, and a 6.01% Cap Rate.; - Fully Renovated: Updated interior and exterior, new roof, impact doors and windows.; - Turnkey Investment: 8 units (two 2/1s and six 1/1s) plus office, fully tenant occupied with annual leases.
    (305) 405-0615
    Request Owner's contact information
    231 SW 15Th St Pompano Beach, FL 33060
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    Pompano Beach, FL 33060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231 SW 15Th St Pompano Beach, FL 33060
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