Pompano Beach Fourplex Investment
For Sale
$799,000
2051 NE 25th Avenue, Pompano Beach, FL 33062
Fourplex with solid cash flow and future upside potential.
Property Size2,483 SF
Price / SF$321.79
Days on Market142
Property Features for 2051 NE 25th Avenue
General Information
Standard status
Active
Size
2,483 SF
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$13,396
Building Details
Building Size
2,483 SF
Year Built
1965
Listing Agency:
The Jarvis Group Inc
Listed By:
Samantha Cafiero · License #3572243
(954) 482-2437
Source:
Pamandtoni
Added: Apr 24
Changed: Sep 2
Last Checked: Sep 11 at 3:29PM
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 The Jarvis Group Inc
Investment Insights
Based on property information with market context.
This property is currently operating as a fourplex. It features two 1-bedroom, 1-bathroom units, each equipped with in-unit washer/dryer and private patios. Carports are also available. Additionally, there are two studio units. The current rent roll includes one unit leased for $1,900 per month ($1,650 plus $250 for water, electric, and cable) through October 2026, and another unit leased for $1,850 per month ($1,600 plus $250 for water, electric, and cable) through October 2026. A third unit is leased for $1,250 per month ($1,100 plus $150 for water, electric, and cable) and is about to be leased on a 6-month term. The fourth unit is leased month-to-month for $1,150 ($1,000 plus $150 for water, electric, and cable). A new roof is being installed in May 2026. This property presents a value-add opportunity, as the units could benefit from updating. There is potential for upside by converting the carports to expand the studios into full 1-bedroom, 1-bathroom units, which could increase overall income. This is an opportunity for investors seeking a light value-add property with existing cash flow and future upside. Financing options considered include cash, conventional, and possible seller financing. The bike score is 60, indicating it is bikeable, the walk score is 57, indicating it is somewhat walkable, and the transit score is 32, indicating some transit options are available.
Key Highlights
- Duplex operating as a fourplex providing immediate rental income.
- Leases in place through October 2026 for two units, ensuring stable income.
- New roof being installed May 2026.
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
$41,523
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
5.20%
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%
$830,460
$830.5K
Cap Rate 7%
$593,186
$593.2K
Cap Rate 9%
$461,367
$461.4K
Market Conditions
NOI Build-Up for 2,483 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
$62.6K $25.20/SF
− Vacancy
−$3.3K −$1.31/SF
EGI
$59.3K $23.89/SF
− OpEx
−$17.8K −$7.17/SF
NOI
$41.5K $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%
$830,460
Cap Rate 7%
$593,186
Cap Rate 9%
$461,367
Alternative Uses
Best Use
Multifamily LT 5
$593.2K
$519.0K – $692.1K
NOI $41,523 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$544.9K
$476.8K – $635.7K
NOI $38,143 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$968.4K
$847.3K – $1.13M
NOI $67,786 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,194
Businesses Nearby
Explore this area
Business Placement
Demographics for 33062, FL
25,293
Population
23,059
Households
1.1
Avg Household Size
60
Median Age
48%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
6,485
Density / Sq Mi
$82,955
Median Household Income
$56,828
Median Earnings
$1,888
Median Rent
$511,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex with solid cash flow and future upside potential.
Where is this quadplex located?
The property is located at 2051 NE 25th Avenue Pompano Beach, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Duplex operating as a fourplex providing immediate rental income.; Leases in place through October 2026 for two units, ensuring stable income.; New roof being installed May 2026.
