321 SE 1st Avenue, Pompano Beach, FL 33060

Building Details

Year Built

1965

Listing agent Carlos Montoya

Listing office Fidelity Real Estate Group

Listing date Feb 21, 2025

Source Crexi

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Overview

This updated duplex is configured as two separate residential units. The first unit features a 2-bedroom, 1-bathroom layout, and the second unit offers a large 1-bedroom, 1-bathroom arrangement. Both units include stackable washer and dryer, and both have separate electric meters for individualized utility service. Key improvements noted include hurricane impact windows and doors, a new PVC sewer line, and an updated central A/C system.

Located in the heart of Pompano Beach, the property is described as being just minutes to sandy beaches and shopping, supporting convenient day-to-day access for occupants. The duplex setup provides an owner-managed style of income property with two independent living spaces.

From an ownership standpoint, the mix of unit sizes can appeal to a range of renters while maintaining practical separation between electric service and unit amenities. The current annual gross income is reported at $39,000, with the seller indicating potential to increase to over $50,000. Annual expenses provided include taxes of $8,561, lawn maintenance of $720, insurance costs of $6,500, and water and trash totaling $1,800. Overall, the property is presented as suitable for both first-time and seasoned investors looking for an updated duplex in Pompano Beach.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

• Map
• Local Demand

City

Pompano Beach

County

Broward

State

Florida

Longitude

-80.1222911

Latitude

26.2265607

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FAQs

What type of property is this?

Duplex - Updated duplex offering two distinct units with hurricane-rated openings, updated central A/C, and separate electric meters.

Where is this duplex located?

The property is located at 321 SE 1st Avenue Pompano Beach, FL.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: Updated duplex built in 1965 with two separate units: 2BR/1BA and large 1BR/1BA; Hurricane impact windows and doors; New PVC sewer line and updated central A/C system