Triplex With Two One-Bedroom
For Sale
$644,900
1-3-131 Sw 15th St, Pompano Beach, FL 33441
The unit mix includes one two-bedroom apartment and two one-bedroom apartments in Lyons Park.
Property Size1,982 SF
Price / SF$325.38
Days on Market58
Property Features for 1-3-131 Sw 15th St
General Information
Standard status
Active
Size
1,982 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$10,860
Listing Agency:
Media Realty
(954) 923-2325
Listed By:
Peter Dacko III · License #0600065
(954) 232-7714
Source:
Exprealty
Added: Sep 4
Changed: Oct 31
Last Checked: Oct 30 at 6:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Media Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This triplex in Pompano Beach’s Lyons Park neighborhood includes one two-bedroom apartment and two one-bedroom apartments. The property is described as maintained and offers a straightforward three-unit configuration.
The two-bedroom apartment is vacant and available for showings, with owner occupancy identified as a potential use. The two one-bedroom apartments are leased, providing an existing rental component within the property.
The two-bedroom apartment is vacant and available for showings, with owner occupancy identified as a potential use. The two one-bedroom apartments are leased, providing an existing rental component within the property.
Key Highlights
- Three‑unit property in Pompano Beach’s Lyons Park neighborhood
- Unit mix includes one 2/1 apartment and two 1/1 apartments
- Two one‑bedroom apartments are currently leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,144
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,880
$662.9K
Cap Rate 7%
$473,486
$473.5K
Cap Rate 9%
$368,267
$368.3K
Market Conditions
NOI Build-Up for 1,982 SF
Gross rent
$49.9K $25.20/SF
− Vacancy
−$2.6K −$1.31/SF
EGI
$47.3K $23.89/SF
− OpEx
−$14.2K −$7.17/SF
NOI
$33.1K $16.72/SF
Area
Pompano Beach, FL
Vacancy
5.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,880
Cap Rate 7%
$473,486
Cap Rate 9%
$368,267
Alternative Uses
Best Use
Multifamily LT 5
$473.5K
$414.3K – $552.4K
NOI $33,144 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$434.9K
$380.6K – $507.4K
NOI $30,446 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$773.0K
$676.4K – $901.8K
NOI $54,109 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,555
Businesses Nearby
Explore this area
Business Placement
Demographics for 33441, FL
29,311
Population
15,225
Households
1.9
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,106
Density / Sq Mi
$57,257
Median Household Income
$35,163
Median Earnings
$1,544
Median Rent
$381,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - The unit mix includes one two-bedroom apartment and two one-bedroom apartments in Lyons Park.
Where is this triplex located?
The property is located at 1-3-131 Sw 15th St Pompano Beach, FL.
What is the asking price?
The asking price for this property is $644,900.
What are key features of this property?
This property features: Three‑unit property in Pompano Beach’s Lyons Park neighborhood; Unit mix includes one 2/1 apartment and two 1/1 apartments; Two one‑bedroom apartments are currently leased
