Renovated Triplex with Leased
237 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 237 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# F10527051
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 renovated triplex contains 2,072 square feet and is configured as three residential units, each with two bedrooms and one bathroom. Interior improvements include refreshed kitchens with new cabinetry and countertops, updated bathrooms, new flooring, and fresh paint. Construction includes block and stucco, with central heating and central air conditioning serving the property.
The property was built in 1976 and is located in Pompano Beach near the beach, shopping, dining, and major highways. It carries RM-20 zoning and is connected to public water and public sewer systems. All units are leased, providing an existing occupied configuration for a residential income buyer.
The property was built in 1976 and is located in Pompano Beach near the beach, shopping, dining, and major highways. It carries RM-20 zoning and is connected to public water and public sewer systems. All units are leased, providing an existing occupied configuration for a residential income buyer.
Key Highlights
- 2,072‑square‑foot triplex with three units
- Each unit includes 2 bedrooms and 1 bathroom
- Updated kitchens, bathrooms, flooring, and interior paint
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 - Three-unit residential income property with updated interiors, central systems, and public water and sewer service.
Where is this triplex located?
The property is located at 237 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 units; Each unit includes 2 bedrooms and 1 bathroom; Updated kitchens, bathrooms, flooring, and interior paint
