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    Updated Triplex in Pompano Beach

    721 SW 8th Street Pompano Beach, FL 33060

    721 SW 8th Street, Pompano Beach, FL, 33060
    $655,000
    Pending
    For Sale
    Claim this Listing
    $655,000
    Pending

    MULTI_FAMILY - Pompano Beach, FL

    Property Size2,032 SF
    AddedMar 3
    Days on Market134
    Last RefreshJul 15 at 10:06 am

    Property Features for 721 SW 8th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM-20
    Bedrooms
    4
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 3
    Standard status
    Pending
    APN
    494202031220
    Size
    2,032 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    FAIRVIEW AMENDED PLAT 10-25 B LOT 32 BLK 15
    Tax Annual Amount
    8000

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s), Wall/Window Unit(s)

    Building Details

    Year built
    1971
    Floors in Building
    1
    Number of units
    3
    Roof type
    Composition, Shingle

    Listing agent Jino Kuriakose License #3285990

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

    Listing date Mar 3, 2026

    MLS# F10555887 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 triplex in Pompano Beach, FL, presents a turnkey investment opportunity. The property features a 2021 roof and full impact windows. Porcelain tile flooring extends throughout the building, complemented by newly updated kitchens. Fresh interior and exterior paint provide a clean and modern aesthetic. The updated electrical system includes recessed lighting and ceiling fans in every room, along with numerous additional improvements. The property is fully rented with qualified long-term tenants. All tenants have paid first month, last month, and security deposits. Additional features include a fenced backyard and a laundry room equipped with newer machines. The property size is 2032 square feet. The zoning is RM-20. Showings will be scheduled upon receipt of an acceptable offer.

    Key Highlights

    • 2021 roof and fully impact windows
    • Fully rented with qualified long‑term tenants in place
    • Updated kitchens and porcelain tile flooring throughout

    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 $51.2k $25.20
    − Vacancy −$2.7k −$1.31
    EGI $48.5k $23.89
    − OpEx −$14.6k −$7.17
    NOI $34.0k $16.72
    2,032 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $485.4K
    $424.8K – $566.4K (±1% cap)
    NOI $33,981 @ 7.0% cap · market cap 5.19%
    Second Best
    Apartment 5plus
    $445.9K
    $390.2K – $520.3K (±1% cap)
    NOI $31,215 @ 7.0% cap · market cap 4.77%
    Theoretical Best
    Office A
    $792.5K
    $693.4K – $924.6K (±1% cap)
    NOI $55,474 @ 7.0% cap · market cap 8.47%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Tanning Salon (Bike/Boat/Book/etc) Store Restaurant Acupuncture Mobile Phone Store

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

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    FAQs

    What type of property is this?
    Triplex - Turnkey investment property with long-term tenants and updated features.
    Where is this triplex located?
    The property is located at 721 SW 8th Street 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: 2021 roof and fully impact windows; Fully rented with qualified long‑term tenants in place; Updated kitchens and porcelain tile flooring throughout
    Contact an agent
    (954) 937-5651
    We can help!
    Contact an agent
    Jino Kuriakose
    Jino Kuriakose
    Real Estate License ID: 3285990
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