Rented Duplex with Shared
2261 NW 2nd Street Pompano Beach, FL 33069
2261 NW 2nd Street, Pompano Beach, FL, 33069
$399,900
For Sale
$399,900
MULTI_FAMILY - Pompano Beach, FL
Property Size988 SF
Lot Size0.23 Acres
Price / SF$404.76
Days on Market131
Property Features for 2261 NW 2nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RM-12
- Bedrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
- 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
- Wall/Window Unit(s), 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
10752 Deerwood Park Blvd #100, Tampa, FL
Listed by
Andressa Cavalcanti Abreu LLC · License #3537582
(561) 541-9235
Added: Mar 12 Updated: Jul 20 at 4:13 pm Checked: Jul 20 at 6:06 pm
MLS# B26000958
Listing URL
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Property 12
Hospital
Similar For Sale Nearby
FAQs
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
