Duplex with Solar
For Sale
$539,900
1885 NE 53rd St, Pompano Beach, FL 33064
Residential Income, Pompano Beach, FL
Property Size2,009 SF
Price / SF$268.74
Days on Market49
Property Features for 1885 NE 53rd St
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning description
RS-3
Parking
6
Patio and Porch features
Porch
Exterior features
Fence, Porch, Room For Pool, Shed
Fencing
Fenced
Subdivision
POMPANO BEACH HIGHLANDS 2
Lot features
< 1/4 Acre
Standard status
Active
APN
484307041350
Size
2,009 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
POMPANO BEACH HIGHLANDS 2ND SEC 36-21 B LOT 51 BLK 20
Tax Annual Amount
9717
Legal Description
POMPANO BEACH HIGHLANDS 2ND SEC 36-21 B LOT 51 BLK 20
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
solar power system
Building Details
Year built
1955
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
CBS (Concrete Block Structure), Block
Roof type
Tile, Flat
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Roberto Barreto · License #3198539
(954) 243-8678
Added: Sep 5
Changed: Oct 18
Last Checked: Oct 23 at 6:06PM
MLS# A12056343
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex consists of two detached living units. The main residence measures approximately 1,675 square feet and has 6 bedrooms and 2 bathrooms. A separate 240-square-foot efficiency at the rear contains 1 bedroom, 1 bathroom, and a full kitchen. A solar power system serves the property.
Built in 1955, the property has CBS construction, ceramic tile flooring, central air conditioning, and a porch. It is west of US-1, with shopping, beaches, and major highways identified nearby.
Built in 1955, the property has CBS construction, ceramic tile flooring, central air conditioning, and a porch. It is west of US-1, with shopping, beaches, and major highways identified nearby.
Key Highlights
- Two detached living units on one lot
- Main residence: approximately 1,675 square feet, 6 bedrooms, and 2 bathrooms
- Rear efficiency: approximately 240 square feet, 1 bedroom, 1 bathroom, and a full kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,596
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,920
$671.9K
Cap Rate 7%
$479,943
$479.9K
Cap Rate 9%
$373,289
$373.3K
Market Conditions
NOI Build-Up for 2,009 SF
Gross rent
$50.6K $25.20/SF
− Vacancy
−$2.6K −$1.31/SF
EGI
$48.0K $23.89/SF
− OpEx
−$14.4K −$7.17/SF
NOI
$33.6K $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%
$671,920
Cap Rate 7%
$479,943
Cap Rate 9%
$373,289
Alternative Uses
Best Use
Multifamily LT 5
$479.9K
$420.0K – $559.9K
NOI $33,596 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$440.9K
$385.8K – $514.4K
NOI $30,861 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$783.5K
$685.6K – $914.1K
NOI $54,846 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,452
Businesses Nearby
Explore this area
Business Placement
Demographics for 33064, FL
62,429
Population
26,641
Households
2.3
Avg Household Size
39
Median Age
29%
College-Educated
82%
High-School Grad
10.2 sq mi
ZIP Area
6,120
Density / Sq Mi
$66,269
Median Household Income
$35,090
Median Earnings
$1,689
Median Rent
$293,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two detached residences include a six-bedroom main home and a rear efficiency with a full kitchen.
Where is this duplex located?
The property is located at 1885 NE 53rd St Pompano Beach, FL.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Two detached living units on one lot; Main residence: approximately 1,675 square feet, 6 bedrooms, and 2 bathrooms; Rear efficiency: approximately 240 square feet, 1 bedroom, 1 bathroom, and a full kitchen
