Two-Story Fourplex with
For Sale
$1,100,000
305 SE 12th Ave, Pompano Beach, FL 33060
Residential Income, Pompano Beach, FL
Property Size3,825 SF
Price / SF$287.58
Days on Market52
Property Features for 305 SE 12th Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
RD-1
Bedrooms
8
Full bathrooms
7
Rooms
Bathroom 7, Bathroom 2, Bathroom 5, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 6, Bedroom 1, Bedroom 7, Bedroom 8, Bathroom 1, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 5
Parking
5
Spa
1
Subdivision
OCEAN DRIVE ESTATES
Lot features
< 1/4 Acre
Standard status
Active
APN
494201030820
Size
3,825 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
OCEAN DRIVE ESTATES 8-2 B LOTS 28 BLK 5
Tax Annual Amount
5596
Legal Description
OCEAN DRIVE ESTATES 8-2 B LOTS 28 BLK 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Window Unit(s), Wall/Window Unit(s)
Amenities
pool
Building Details
Year built
1986
Floors in Building
2
Building materials
Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
e-Wing Realty, Inc
(954) 980-2722
Listed By:
Carissa Damiano · License #3618976
(484) 725-3933
Added: Aug 11
Changed: Sep 29
Last Checked: Oct 1 at 9:06PM
MLS# A12066709
Copyright © 2026 Miami REALTORS®. 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.
This two-story fourplex in Pompano Beach contains 3,825 square feet with eight bedrooms and seven bathrooms. Constructed in 1986, the property features block construction, a shingle roof, central heating, and a combination of central air and wall or window cooling units. A pool is also included.
The property is located at 305 SE 12th Ave in Pompano Beach, within Broward County. Public sewer service is available, along with cable availability. The sale requires post-occupancy in one unit, and the property has no HOA or rental restrictions.
The property is located at 305 SE 12th Ave in Pompano Beach, within Broward County. Public sewer service is available, along with cable availability. The sale requires post-occupancy in one unit, and the property has no HOA or rental restrictions.
Key Highlights
- Two‑story fourplex with 3,825 square feet
- Eight bedrooms and seven bathrooms
- Pool included on the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,964
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,279,280
$1.3M
Cap Rate 7%
$913,771
$913.8K
Cap Rate 9%
$710,711
$710.7K
Market Conditions
NOI Build-Up for 3,825 SF
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.
Gross rent
$96.4K $25.20/SF
− Vacancy
−$5.0K −$1.31/SF
EGI
$91.4K $23.89/SF
− OpEx
−$27.4K −$7.17/SF
NOI
$64.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,279,280
Cap Rate 7%
$913,771
Cap Rate 9%
$710,711
Alternative Uses
Best Use
Multifamily LT 5
$913.8K
$799.6K – $1.07M
NOI $63,964 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$839.4K
$734.5K – $979.3K
NOI $58,758 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,423 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,927
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Block-built income property with eight bedrooms, seven bathrooms, and public sewer service.
Where is this quadplex located?
The property is located at 305 SE 12th Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑story fourplex with 3,825 square feet; Eight bedrooms and seven bathrooms; Pool included on the property
