Renovated Three-Unit
For Sale
$789,999
225 NW 12th Court, Pompano Beach, FL 33060
Three leased residences offer a two-bedroom, one-bathroom layout in each unit.
Property Size2,072 SF
Price / SF$381.27
Days on Market38
Property Features for 225 NW 12th Court
General Information
Standard status
Active
Size
2,072 SF
Property subtype
Triplex
Occupancy
100%
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Additional Details
Highway Access
Yes
Building Details
Year Built
1985
Buildings
1
Tenancy
Multi
Listing Agency:
Preferred Properties Int'l Rea
(561) 477-1193
Listed By:
Tiwana D Holmes · License #3345100
(561) 654-1588
Source:
Lehmannflorida
Added: Sep 13
Changed: Oct 19
Last Checked: Oct 19 at 2:33PM
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 Preferred Properties Int'l Rea
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Investment Insights
Based on property information with market context.
This 1985 triplex contains three units, each with 2 bedrooms and 1 bathroom. Renovations include updated kitchens with new cabinetry and countertops, refreshed bathrooms, new flooring, and fresh paint. The building measures 2,072 square feet, and all units are leased.
The property is in Pompano Beach, minutes from the beach, shopping, dining, and major highways. Buildings at 225, 229, 233, and 237 are available as a package.
The property is in Pompano Beach, minutes from the beach, shopping, dining, and major highways. Buildings at 225, 229, 233, and 237 are available as a package.
Key Highlights
- Three units, each configured with 2 bedrooms and 1 bathroom
- 2,072‑square‑foot triplex built in 1985
- All units leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,649
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,980
$693.0K
Cap Rate 7%
$494,986
$495.0K
Cap Rate 9%
$384,989
$385.0K
Market Conditions
NOI Build-Up for 2,072 SF
Gross rent
$52.2K $25.20/SF
− Vacancy
−$2.7K −$1.31/SF
EGI
$49.5K $23.89/SF
− OpEx
−$14.8K −$7.17/SF
NOI
$34.6K $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%
$692,980
Cap Rate 7%
$494,986
Cap Rate 9%
$384,989
Alternative Uses
Best Use
Multifamily LT 5
$495.0K
$433.1K – $577.5K
NOI $34,649 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$454.7K
$397.9K – $530.5K
NOI $31,829 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$808.1K
$707.1K – $942.8K
NOI $56,566 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three leased residences offer a two-bedroom, one-bathroom layout in each unit.
Where is this triplex located?
The property is located at 225 NW 12th Court Pompano Beach, FL.
What is the asking price?
The asking price for this property is $789,999.
What are key features of this property?
This property features: Three units, each configured with 2 bedrooms and 1 bathroom; 2,072‑square‑foot triplex built in 1985; All units leased
