Duplex with Impact
For Sale
$539,000
306 NE 13th Avenue, Pompano Beach, FL 33060
Both units are leased, with mini-split air-conditioning and hurricane-impact windows.
Property Size1,272 SF
Price / SF$423.74
Days on Market270
Property Features for 306 NE 13th Avenue
General Information
Standard status
Active
Size
1,272 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$8,665
Building Details
Building Size
1,272 SF
Year Built
1964
Buildings
1
Listing Agency:
RE/MAX Consultants Realty 1
Listed By:
Yale Eichner · License #3285795
(954) 600-5572
Source:
Irgflorida
Added: Jan 31
Changed: Oct 26
Last Checked: Oct 26 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Consultants Realty 1
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,272-square-foot duplex was built in 1964 and is fully leased. The property has newer mini-split air-conditioning units and hurricane-impact windows. Its lot is described as having room for additional construction, though no dimensions are specified.
Shops and restaurants in Pompano Beach and the nightlife in Oldtown Pompano are within walking distance.
Shops and restaurants in Pompano Beach and the nightlife in Oldtown Pompano are within walking distance.
Key Highlights
- Fully leased duplex
- 1,272 square feet; built in 1964
- Newer mini‑split air‑conditioning units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,271
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,420
$425.4K
Cap Rate 7%
$303,871
$303.9K
Cap Rate 9%
$236,344
$236.3K
Market Conditions
NOI Build-Up for 1,272 SF
Gross rent
$32.1K $25.20/SF
− Vacancy
−$1.7K −$1.31/SF
EGI
$30.4K $23.89/SF
− OpEx
−$9.1K −$7.17/SF
NOI
$21.3K $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%
$425,420
Cap Rate 7%
$303,871
Cap Rate 9%
$236,344
Alternative Uses
Best Use
Multifamily LT 5
$303.9K
$265.9K – $354.5K
NOI $21,271 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$279.1K
$244.3K – $325.7K
NOI $19,540 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$496.1K
$434.1K – $578.8K
NOI $34,726 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,145
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both units are leased, with mini-split air-conditioning and hurricane-impact windows.
Where is this duplex located?
The property is located at 306 NE 13th Avenue Pompano Beach, FL.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Fully leased duplex; 1,272 square feet; built in 1964; Newer mini‑split air‑conditioning units
