Pompano Beach Multifamily Investment
131 SW 14th Court Pompano Beach, FL 33060
For Sale
$655,000
MULTI_FAMILY - Pompano Beach, FL
Property Size1,982 SF
Price / SF$330.47
Days on Market155
Property Features for 131 SW 14th Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- RM-20
- Bedrooms
- 4
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1
- Standard status
- Active
- APN
- 494202260070
- Size
- 1,982 SF
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- WESTFIELD SEC B RESUB POR PARCEL A 74-44 B LOT 7
- Tax Annual Amount
- 8969
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile
- Building materials
- CBS
- Roof type
- Shingle, Composition
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Jino Kuriakose · License #3285990
(954) 937-5651
Added: Feb 20
Changed: Jul 25
Last Checked: Jul 25 at 2:06PM
MLS# F10554146
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, fully rented triplex in Pompano Beach, Florida, presents an investment opportunity with reliable long-term tenants. The property, situated on a quiet cul-de-sac, has been freshly painted inside and out and features numerous recent upgrades. These include updated GE electrical panels, two brand-new central A/C units, and all-new impact windows. The property offers five assigned parking spaces. With no deferred maintenance, this property is a turnkey investment. The location is highly desirable for tenants, situated just two blocks from Pinecrest High School, three miles from the beach, and one mile from Topgolf and Harrah's Casino. The property size is 1982 square feet. The zoning is RM-20.
Key Highlights
- 1972‑built CBS construction with tile flooring
- Fully rented property with reliable long‑term tenants in place
- Two brand‑new central A/C units with central heating
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 | $49.9k | $25.20 |
| − Vacancy | −$2.6k | −$1.31 |
| EGI | $47.3k | $23.89 |
| − OpEx | −$14.2k | −$7.17 |
| NOI | $33.1k | $16.72 |
1,982 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$473.5K
$414.3K – $552.4K
NOI $33,144 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$434.9K
$380.6K – $507.4K
NOI $30,446 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$773.0K
$676.4K – $901.8K
NOI $54,109 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained, fully rented triplex with recent upgrades and long-term tenants.
Where is this triplex located?
The property is located at 131 SW 14th Court 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: 1972‑built CBS construction with tile flooring; Fully rented property with reliable long‑term tenants in place; Two brand‑new central A/C units with central heating
