Renovated Triplex with Updated
233 NW 12th Court, Pompano Beach, FL 33060
For Sale
$789,999
Residential Income, Pompano Beach, FL
Property Size2,072 SF
Price / SF$381.27
Days on Market417
Property Features for 233 NW 12th Court
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Rooms
Subdivision
Directions
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Preferred Properties Int'l Rea
Listed By:
Tiwana D Holmes · License #3345100
(561) 477-1193
Added: Sep 17, 2025
Changed: Oct 31
Last Checked: Nov 7 at 7:06AM
MLS# F10527036
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.
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Investment Insights
Based on property information with market context.
This 2,072-square-foot triplex, built in 1976, contains three units with an identical two-bedroom, one-bathroom configuration. Renovations include updated kitchens with new cabinetry and countertops, refreshed bathrooms, vinyl, concrete, and tile flooring, and fresh interior paint. Block and stucco construction, central heating, central air conditioning, and a composition shingle roof complete the core improvements. All units are leased.
The property is located in Pompano Beach, with beach access, shopping, dining, and major highways described as minutes away. It carries RM-20 zoning and is served by public water and public sewer. Cable is available, and the property is identified by the address 233 NW 12th Court.
The property is located in Pompano Beach, with beach access, shopping, dining, and major highways described as minutes away. It carries RM-20 zoning and is served by public water and public sewer. Cable is available, and the property is identified by the address 233 NW 12th Court.
Key Highlights
- 2,072‑square‑foot triplex with three two‑bedroom, one‑bathroom units
- All units leased
- Updated kitchens with new cabinetry and countertops
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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Lease Details
3
Residential units
100%
Occupancy
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
$354,100
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Pompano Beach, FL
Properties on Market for Triplexes in Pompano Beach
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Fully leased multifamily property with three two-bedroom units, central cooling, and public water and sewer service.
Where is this triplex located?
The property is located at 233 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: 2,072‑square‑foot triplex with three two‑bedroom, one‑bathroom units; All units leased; Updated kitchens with new cabinetry and countertops
