Triplex with Mixed Unit
131 SW 15th Street, Pompano Beach, FL 33060
For Sale
Contact for pricing
The property contains three residences: one two-bedroom unit and two one-bedroom units.
Property Size1,890 SF
Lot Size0.17 Acres
Price / SF$351.85
Days on Market47
Property Features for 131 SW 15th Street
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Tenant in Place
Amenities
privacy-fenced front yard
Listing Agency:
Media Realty
Listed By:
Peter Dacko · License FL #0600065
(954) 232-7714
Source:
Crexi
Added: Sep 25
Changed: Nov 8
Last Checked: Nov 8 at 4:51PM
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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Investment Insights
Based on property information with market context.
This triplex totals approximately 1,890 square feet and is configured as three residences: one with two bedrooms and one bathroom, plus two with one bedroom and one bathroom each. The front yard is enclosed by a privacy fence, and the parcel measures 7,200 square feet.
The property is at 131 SW 15th Street in Pompano Beach, Florida. Its residential layout combines one larger unit with two smaller apartments.
The property is at 131 SW 15th Street in Pompano Beach, Florida. Its residential layout combines one larger unit with two smaller apartments.
Key Highlights
- Three residences: one 2‑bedroom/1‑bath unit and two 1‑bedroom/1‑bath units
- Approximately 1,890 square feet of building area
- 7,200‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,606
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,120
$632.1K
Cap Rate 7%
$451,514
$451.5K
Cap Rate 9%
$351,178
$351.2K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$47.6K $25.20/SF
− Vacancy
−$2.5K −$1.31/SF
EGI
$45.2K $23.89/SF
− OpEx
−$13.5K −$7.17/SF
NOI
$31.6K $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%
$632,120
Cap Rate 7%
$451,514
Cap Rate 9%
$351,178
Alternative Uses
Best Use
Multifamily LT 5
$451.5K
$395.1K – $526.8K
NOI $31,606 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$414.8K
$362.9K – $483.9K
NOI $29,033 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$737.1K
$645.0K – $860.0K
NOI $51,597 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,275
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
$354,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Pompano Beach, FL
Properties on Market for Triplexes in Pompano Beach
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - The property contains three residences: one two-bedroom unit and two one-bedroom units.
Where is this triplex located?
The property is located at 131 SW 15th Street Pompano Beach, FL.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Three residences: one 2‑bedroom/1‑bath unit and two 1‑bedroom/1‑bath units; Approximately 1,890 square feet of building area; 7,200‑square‑foot lot
