Single-Story
For Sale
$660,000
201-205 NW 30th Avenue, Pompano Beach, FL 33069
One residence is leased month-to-month, while the other is vacant for occupancy or leasing.
Property Size1,836 SF
Price / SF$359.48
Days on Market116
Property Features for 201-205 NW 30th Avenue
General Information
Standard status
Active
Size
1,836 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$9,612
Building Details
Building Size
1,836 SF
Year Built
2004
Buildings
1
Stories
1
Listing Agency:
Canvas Real Estate
Listed By:
Bibiana Pelaez · License #3363618
(786) 326-6807
Source:
Pamandtoni
Added: May 16
Changed: Sep 8
Last Checked: Sep 8 at 10:23AM
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 Canvas Real Estate
Investment Insights
Based on property information with market context.
Built in 2004, this 1,836-square-foot duplex contains two single-story residences, each with 3 bedrooms and 2 bathrooms. The interiors include laminate flooring, central A/C, and practical layouts, with ample parking serving the property. One unit is occupied under a month-to-month arrangement, while the second is vacant and available for occupancy or leasing.
The property sits on an oversized lot at 201-205 Northwest 30th Avenue in Pompano Beach. Major highways, shopping, dining, schools, and beaches are located nearby. The property also has no HOA, providing flexibility for an investor or owner-occupant.
The property sits on an oversized lot at 201-205 Northwest 30th Avenue in Pompano Beach. Major highways, shopping, dining, schools, and beaches are located nearby. The property also has no HOA, providing flexibility for an investor or owner-occupant.
Key Highlights
- Duplex built in 2004 with 1,836 SF of total building area
- Two units, each configured with 3 bedrooms and 2 bathrooms
- One unit rented month‑to‑month; second unit is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,703
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$614,060
$614.1K
Cap Rate 7%
$438,614
$438.6K
Cap Rate 9%
$341,144
$341.1K
Market Conditions
NOI Build-Up for 1,836 SF
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.
Gross rent
$46.3K $25.20/SF
− Vacancy
−$2.4K −$1.31/SF
EGI
$43.9K $23.89/SF
− OpEx
−$13.2K −$7.17/SF
NOI
$30.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$614,060
Cap Rate 7%
$438,614
Cap Rate 9%
$341,144
Alternative Uses
Best Use
Multifamily LT 5
$438.6K
$383.8K – $511.7K
NOI $30,703 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$402.9K
$352.6K – $470.1K
NOI $28,204 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$716.0K
$626.5K – $835.4K
NOI $50,123 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
Explore this area
Business Placement
Demographics for 33069, FL
28,817
Population
16,052
Households
1.8
Avg Household Size
42
Median Age
32%
College-Educated
86%
High-School Grad
9.4 sq mi
ZIP Area
3,066
Density / Sq Mi
$57,462
Median Household Income
$35,725
Median Earnings
$1,685
Median Rent
$253,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - One residence is leased month-to-month, while the other is vacant for occupancy or leasing.
Where is this duplex located?
The property is located at 201-205 NW 30th Avenue Pompano Beach, FL.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Duplex built in 2004 with 1,836 SF of total building area; Two units, each configured with 3 bedrooms and 2 bathrooms; One unit rented month‑to‑month; second unit is vacant
