Duplex with Covered
700 SW 8th Street Pompano Beach, FL 33060
700 SW 8th Street, Pompano Beach, FL, 33060
$575,000
For Sale
$575,000
MULTI_FAMILY - Pompano Beach, FL
Property Size1,872 SF
Lot Size0.37 Acres
Price / SF$307.16
Days on Market32
Property Features for 700 SW 8th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-20
- Bedrooms
- 6
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5
- Patio and Porch features
- Porch, Patio
- Pets allowed
- Yes, No
- Exterior features
- Courtyard, Garden
- Fencing
- Chain Link, Perimeter
- Standard status
- Active
- APN
- 494202031020
- Size
- 1,872 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FAIRVIEW AMENDED PLAT 10-25 B LOT 18,19 BLK 14
- Tax Annual Amount
- 5804
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Electric, Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
- Building materials
- CBS, Stucco
- Roof type
- Shingle
Listing Agency
Keller Williams Realty Consultants
(954) 688-5400
3301 N University Dr #120 Ste. 120, Coral Springs, FL
Listed by
Cynthia L Heelan · License #3365882
(954) 288-5851
Added: Jun 16 Checked: Jul 17 at 1:06 am
MLS# B26041945
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 duplex includes two separate 3-bedroom, 1-bath buildings connected by a covered breezeway/carport. The property is currently occupied by long-term month-to-month tenants, with rents described as below-market. Total building size is 1,872 square feet, situated on a 0.3663-acre lot.
The site is zoned RM-20 for multifamily use. The listing notes multifamily density of up to 8 units, which may support future redevelopment considerations if buyers plan to reconfigure or expand beyond the existing duplex layout. The address is in Pompano Beach, with proximity highlighted to I-95 and less than 4 miles from the Pompano Beach Pier.
For buyers looking for a hands-on value-add project, this property is being sold with the expectation of substantial renovation throughout, including kitchens, bathrooms, flooring, windows, HVAC systems, and other deferred maintenance. With two independent building spaces under one duplex configuration, it can appeal to experienced operators who want to bring units up to current standards while retaining tenant occupancy through the month-to-month term. Sellers indicate all serious offers are welcome.
The site is zoned RM-20 for multifamily use. The listing notes multifamily density of up to 8 units, which may support future redevelopment considerations if buyers plan to reconfigure or expand beyond the existing duplex layout. The address is in Pompano Beach, with proximity highlighted to I-95 and less than 4 miles from the Pompano Beach Pier.
For buyers looking for a hands-on value-add project, this property is being sold with the expectation of substantial renovation throughout, including kitchens, bathrooms, flooring, windows, HVAC systems, and other deferred maintenance. With two independent building spaces under one duplex configuration, it can appeal to experienced operators who want to bring units up to current standards while retaining tenant occupancy through the month-to-month term. Sellers indicate all serious offers are welcome.
Key Highlights
- Duplex on a 0.3663‑acre R‑20 multifamily‑zoned lot in Pompano Beach
- Two separate 3‑bed, 1‑bath buildings connected by a covered breezeway/carport
- Property is currently occupied by long‑term month‑to‑month tenants paying below‑market rents
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 | $47.2k | $25.20 |
| − Vacancy | −$2.5k | −$1.31 |
| EGI | $44.7k | $23.89 |
| − OpEx | −$13.4k | −$7.17 |
| NOI | $31.3k | $16.72 |
1,872 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$447.2K
$391.3K – $521.8K
NOI $31,305 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$410.8K
$359.5K – $479.3K
NOI $28,757 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$730.1K
$638.8K – $851.8K
NOI $51,106 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate 3BR/1BA buildings on a multifamily-zoned lot, currently tenant-occupied and requiring substantial renovations.
Where is this duplex located?
The property is located at 700 SW 8th Street Pompano Beach, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Duplex on a 0.3663‑acre R‑20 multifamily‑zoned lot in Pompano Beach; Two separate 3‑bed, 1‑bath buildings connected by a covered breezeway/carport; Property is currently occupied by long‑term month‑to‑month tenants paying below‑market rents
