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Duplex with Private Laundry Rooms
For Sale
$530,000

3560 NW 3rd Avenue 1-2, Pompano Beach, FL 33064

Two separately metered residences share a backyard and offer distinct laundry rooms within a compact duplex configuration.

Property Size1,776 SF
Price / SF$298.42
Days on Market138

Property Features for 3560 NW 3rd Avenue 1-2

General Information

Standard status Active
Size 1,776 SF
Property subtype Duplex

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Gross Income $21,600
Highway Access Yes

Taxes and HOA fees

Annual Taxes $5,282

Building Details

Building Size 1,776 SF
Year Built 1968
Listing Agency: Compass Florida LLC
Listed By: Erica Batista · License #3310207
Source: Pamandtoni
Added: Jun 13 Changed: Oct 26 Last Checked: Oct 27 at 2:07AM

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 Compass Florida LLC

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Investment Insights

Based on property information with market context.

This 1,776-square-foot duplex contains two 2BR/1BA units, each with a dedicated laundry room and separate electric meter. The property includes a shared backyard, a roof installed in 2024, and new A/C installed in 2026. Built in 1968, the building combines two independent residences within one income-producing asset.

One unit is tenant occupied under a lease extending through Spring 2027, while the second unit is owner occupied. The property is near I-95, Florida's Turnpike, shopping, dining, hospitals, and the beach, providing access to a range of everyday services and regional transportation routes.

Key Highlights

  • Two 2BR/1BA units totaling 1,776 SF
  • Separate laundry rooms and electric meters for each unit
  • New roof installed in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,700
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,000 $594.0K
Cap Rate 7%
$424,286 $424.3K
Cap Rate 9%
$330,000 $330.0K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$44.8K $25.20/SF
− Vacancy
−$2.3K −$1.31/SF
EGI
$42.4K $23.89/SF
− OpEx
−$12.7K −$7.17/SF
NOI
$29.7K $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%
$594,000
Cap Rate 7%
$424,286
Cap Rate 9%
$330,000

Alternative Uses

Best Use
Multifamily LT 5
$424.3K
$371.3K – $495.0K (±1% cap)
NOI $29,700 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$389.7K
$341.0K – $454.7K (±1% cap)
NOI $27,282 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$692.6K
$606.1K – $808.1K (±1% cap)
NOI $48,485 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered residences share a backyard and offer distinct laundry rooms within a compact duplex configuration.
Where is this duplex located?
The property is located at 3560 NW 3rd Avenue 1-2 Pompano Beach, FL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Two 2BR/1BA units totaling 1,776 SF; Separate laundry rooms and electric meters for each unit; New roof installed in 2024
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