Residential Income
For Sale
$534,999
117 NE 6th St, Pompano Beach, FL 33060
The property has central air and central heating in a Broward County location.
Property Size2,231 SF
Price / SF$239.80
Days on Market11
Property Features for 117 NE 6th St
General Information
Standard status
Active
Size
2,231 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
RM-12
Taxes and HOA fees
Annual Taxes
$9,983
Amenities
Central Air
Central
Building Details
Building Size
2,231 SF
Year Built
1988
Stories
1
Listing Agency:
Lifestyle International Realty
Listed By:
Amilia Honore · License #3455536
(954) 993-7521
Source:
Evrealestate
Added: Oct 5
Changed: Oct 12
Last Checked: Oct 14 at 10:47PM
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 Lifestyle International Realty
Investment Insights
Based on property information with market context.
This residential income property contains 2,231 square feet and was built in 1988. Central air conditioning and central heating serve the interior.
The property is at 117 NE 6th St in Pompano Beach, Broward County, Florida. Zoning is RM-12.
The property is at 117 NE 6th St in Pompano Beach, Broward County, Florida. Zoning is RM-12.
Key Highlights
- 2,231‑square‑foot residential income property
- Built in 1988
- Central air conditioning and central heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,272
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,440
$685.4K
Cap Rate 7%
$489,600
$489.6K
Cap Rate 9%
$380,800
$380.8K
Market Conditions
NOI Build-Up for 2,231 SF
Gross rent
$65.6K $29.40/SF
− Vacancy
−$3.3K −$1.47/SF
EGI
$62.3K $27.93/SF
− OpEx
−$28.0K −$12.57/SF
NOI
$34.3K $15.36/SF
Area
Pompano Beach, FL
Vacancy
5.00%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,440
Cap Rate 7%
$489,600
Cap Rate 9%
$380,800
Alternative Uses
Best Use
Apartment 5plus
$489.6K
$428.4K – $571.2K
NOI $34,272 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$870.1K
$761.3K – $1.02M
NOI $60,906 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,484
Businesses Nearby
Explore this area
Business Placement
Demographics for 33060, FL
35,793
Population
15,653
Households
2.3
Avg Household Size
39
Median Age
25%
College-Educated
82%
High-School Grad
7.0 sq mi
ZIP Area
5,113
Density / Sq Mi
$59,757
Median Household Income
$34,275
Median Earnings
$1,406
Median Rent
$354,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The property has central air and central heating in a Broward County location.
Where is this residential income property located?
The property is located at 117 NE 6th St Pompano Beach, FL.
What is the asking price?
The asking price for this property is $534,999.
What are key features of this property?
This property features: 2,231‑square‑foot residential income property; Built in 1988; Central air conditioning and central heating
