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Two-Unit Duplex with Impact Windows
For Sale
$699,000

209 NE 9th Street, Pompano Beach, FL 33060

Both residences have remodeled interiors and dedicated laundry equipment.

Property Size1,650 SF
Price / SF$423.64
Days on Market463

Property Features for 209 NE 9th Street

General Information

Standard status Active
Size 1,650 SF
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $9,796

Amenities

washer and dryer
hurricane impact windows

Building Details

Building Size 1,650 SF
Year Built 1971
Listing Agency: RE/MAX Consultants Realty 1
Listed By: Yale Eichner · License #3285795
Source: Dietzelber
Added: Jul 23, 2025 Changed: Oct 26 Last Checked: Oct 26 at 3:21PM

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 RE/MAX Consultants Realty 1

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1971 duplex contains two residences, each with a remodeled interior, hurricane impact windows, and its own washer and dryer. The property is in Pompano Beach, within walking distance of Downtown Pompano Beach.

Key Highlights

  • Two‑unit duplex built in 1971
  • Remodeled interiors in both residences
  • Hurricane impact windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,592
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,840 $551.8K
Cap Rate 7%
$394,171 $394.2K
Cap Rate 9%
$306,578 $306.6K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$41.6K $25.20/SF
− Vacancy
−$2.2K −$1.31/SF
EGI
$39.4K $23.89/SF
− OpEx
−$11.8K −$7.17/SF
NOI
$27.6K $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%
$551,840
Cap Rate 7%
$394,171
Cap Rate 9%
$306,578

Alternative Uses

Best Use
Multifamily LT 5
$394.2K
$344.9K – $459.9K (±1% cap)
NOI $27,592 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$362.1K
$316.8K – $422.4K (±1% cap)
NOI $25,346 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$643.5K
$563.1K – $750.8K (±1% cap)
NOI $45,045 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,074
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have remodeled interiors and dedicated laundry equipment.
Where is this duplex located?
The property is located at 209 NE 9th Street Pompano Beach, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1971; Remodeled interiors in both residences; Hurricane impact windows
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Includes: Price & PSF · Cap rate · Location · Zoning

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