6-Unit Garden-Style Apartment
211 SW 2nd Ct Pompano Beach, FL 33060
For Sale
$727,500
Avondale Flats is a 6-unit garden-style building with a newer roof and hurricane impact windows.
Property Size2,324 SF
Price / SF$313.04
Days on Market114
Property Features for 211 SW 2nd Ct
General Information
- Standard status
- Active
- Size
- 2,324 SF
- Property subtype
- Multifamily
Listing Agency:
Fort Lauderdale Office
(954) 245-3584
Listed By:
Daniel J. Cunningham · License #FL: SL3234051
(954) 245-3584
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 22
Last Checked: Jul 25 at 2:16AM
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 Fort Lauderdale Office
Investment Insights
Based on property information with market context.
Avondale Flats is a 6-unit garden-style apartment building built in 1954. The property totals 2,324 square feet and features a newer roof and hurricane impact windows. Each unit includes a full kitchen and wall unit air conditioning.
The building is located at 211 SW 2nd Ct in Pompano Beach, with proximity to redevelopment activity around Pompano Beach City Hall less than 1 mile away. The area is seeing new commercial, residential, and public projects, with modern retail spaces and infrastructure improvements underway.
Outdoor recreation is also nearby, including the Pompano Beach Amphitheater and Pompano Community Park. Educational options such as Pompano Beach High School and Pompano Beach Elementary School are within close reach, supporting broad day-to-day accessibility for residents.
The building is located at 211 SW 2nd Ct in Pompano Beach, with proximity to redevelopment activity around Pompano Beach City Hall less than 1 mile away. The area is seeing new commercial, residential, and public projects, with modern retail spaces and infrastructure improvements underway.
Outdoor recreation is also nearby, including the Pompano Beach Amphitheater and Pompano Community Park. Educational options such as Pompano Beach High School and Pompano Beach Elementary School are within close reach, supporting broad day-to-day accessibility for residents.
Key Highlights
- 6‑unit garden‑style apartment building built in 1954 with 2,324 SF total building area
- Newer roof
- Hurricane impact windows
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.3k | $29.40 |
| − Vacancy | −$3.4k | −$1.47 |
| EGI | $64.9k | $27.93 |
| − OpEx | −$29.2k | −$12.57 |
| NOI | $35.7k | $15.36 |
2,324 SF · lease $29.40/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$510.0K
$446.3K – $595.0K
NOI $35,700 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$906.4K
$793.1K – $1.06M
NOI $63,445 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Avondale Flats is a 6-unit garden-style building with a newer roof and hurricane impact windows.
Where is this apartment building located?
The property is located at 211 SW 2nd Ct Pompano Beach, FL.
What is the asking price?
The asking price for this property is $727,500.
What are key features of this property?
This property features: 6‑unit garden‑style apartment building built in 1954 with 2,324 SF total building area; Newer roof; Hurricane impact windows
