Tenant-Occupied
For Sale
Contact for pricing
351 NE 25th Ct, Pompano Beach, FL 33064
Two rented units provide an existing residential income profile.
Property Size1,297 SF
Price / SF$289.13
Days on Market59
Property Features for 351 NE 25th Ct
General Information
Standard status
Active
Size
1,297 SF
Total Parking Spaces
4
Property subtype
Multifamily
Zoning
RS-3
Building Details
Year Built
1962
Listing Agency:
CBA Realty & Property Mgmt.
Listed By:
Cristina Moinelo · License #3115314
Source:
Crexi
Added: Aug 27
Changed: Oct 21
Last Checked: Oct 23 at 7:14AM
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 CBA Realty & Property Mgmt.
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Investment Insights
Based on property information with market context.
This duplex-style property contains two tenant-occupied residential units and was built in 1962. The units are currently rented, providing an established rental arrangement for a new owner. The property is zoned RS-3.
Located at 351 NE 25th Ct in Pompano Beach, the property offers access to major roads, shopping, dining, and area amenities. Tenant occupancy is in place, and visitors should not disturb the residents.
Located at 351 NE 25th Ct in Pompano Beach, the property offers access to major roads, shopping, dining, and area amenities. Tenant occupancy is in place, and visitors should not disturb the residents.
Key Highlights
- Two rented residential units
- RS‑3 zoning
- Built in 1962
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,689
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,780
$433.8K
Cap Rate 7%
$309,843
$309.8K
Cap Rate 9%
$240,989
$241.0K
Market Conditions
NOI Build-Up for 1,297 SF
Gross rent
$32.7K $25.20/SF
− Vacancy
−$1.7K −$1.31/SF
EGI
$31.0K $23.89/SF
− OpEx
−$9.3K −$7.17/SF
NOI
$21.7K $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%
$433,780
Cap Rate 7%
$309,843
Cap Rate 9%
$240,989
Alternative Uses
Best Use
Multifamily LT 5
$309.8K
$271.1K – $361.5K
NOI $21,689 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$284.6K
$249.1K – $332.1K
NOI $19,924 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$505.8K
$442.6K – $590.1K
NOI $35,408 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
Explore this area
Business Placement
Demographics for 33064, FL
62,429
Population
26,641
Households
2.3
Avg Household Size
39
Median Age
29%
College-Educated
82%
High-School Grad
10.2 sq mi
ZIP Area
6,120
Density / Sq Mi
$66,269
Median Household Income
$35,090
Median Earnings
$1,689
Median Rent
$293,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two rented units provide an existing residential income profile.
Where is this duplex located?
The property is located at 351 NE 25th Ct Pompano Beach, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two rented residential units; RS‑3 zoning; Built in 1962
