Rented Duplex with Shared
2261 NW 2nd Street Pompano Beach, FL 33069
For Sale
$399,900
MULTI_FAMILY - Pompano Beach, FL
Property Size988 SF
Lot Size0.23 Acres
Price / SF$404.76
Days on Market138
Property Features for 2261 NW 2nd Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-12
Bedrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Window features
Storm Window(s)
Pets allowed
No, Yes
Standard status
Active
APN
484233021870
Size
988 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COLLIER CITY 31-1 B LOT 191,192
Tax Annual Amount
8289
Utilities
Utilities
Water Available
Sewer type
Private Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s), Ceiling Fan(s)
Water source
Public
Building Details
Year built
1959
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
CBS
Roof type
Concrete
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Andressa Cavalcanti Abreu LLC · License #3537582
(561) 541-9235
Added: Mar 12
Changed: Jul 24
Last Checked: Jul 27 at 11:06AM
MLS# B26000958
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
For sale, this duplex is set on a 0.23-acre lot in Pompano Beach and is zoned RM-12 (multi-family). Both units are currently rented. The property is served by a shared water meter, with two separate electrical panels providing individual electrical service to each unit.
The building totals 988 square feet of property size. For access and viewing, buyers are instructed to drive by first before requesting a showing.
Zoning is RM-12, and buyers and their agents are asked to verify all information with the City of Pompano Beach, including any questions related to future uses or redevelopment options.
The building totals 988 square feet of property size. For access and viewing, buyers are instructed to drive by first before requesting a showing.
Zoning is RM-12, and buyers and their agents are asked to verify all information with the City of Pompano Beach, including any questions related to future uses or redevelopment options.
Key Highlights
- Income‑producing duplex on nearly a 0.25‑acre lot zoned RM‑12 (multi‑family), with both units currently rented
- 1959 duplex with CBS construction and concrete roof
- Utilities include public water; property has a shared water meter
Financial Insights For Multifamily LT 5
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 | $24.9k | $25.20 |
| − Vacancy | −$1.3k | −$1.31 |
| EGI | $23.6k | $23.89 |
| − OpEx | −$7.1k | −$7.17 |
| NOI | $16.5k | $16.72 |
988 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$236.0K
$206.5K – $275.4K
NOI $16,522 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$216.8K
$189.7K – $253.0K
NOI $15,177 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$385.3K
$337.2K – $449.5K
NOI $26,972 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with both units rented, on an RM-12 lot and served by a shared water meter and separate electrical panels.
Where is this duplex located?
The property is located at 2261 NW 2nd Street Pompano Beach, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Income‑producing duplex on nearly a 0.25‑acre lot zoned RM‑12 (multi‑family), with both units currently rented; 1959 duplex with CBS construction and concrete roof; Utilities include public water; property has a shared water meter
