Search
Duplex with Private Pool and Fenced Yard
For Sale
$925,000

451 SE 1st Avenue, Pompano Beach, FL 33060

MULTI_FAMILY - Pompano Beach, FL

Property Size2,826 SF
Lot Size0.17 Acres
Price / SF$327.32
Days on Market105

Property Features for 451 SE 1st Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RD-1
Bedrooms 5
Full bathrooms 4
Rooms Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Window features Storm Window(s)
Patio and Porch features Patio
Pets allowed Yes, Size Limit
Pool private 1
Exterior features Garden
Fencing Fenced
Subdivision GARDEN ISLES SEC 2
Lot features Landscaped
Elementary school Cypress
Middle school Pompano Beach
High school Blanche Ely
Standard status Active
APN 494201250180
Size 2,826 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description GARDEN ISLES SEC 2 49-6 B LOT 16 BLK 5
Tax Annual Amount 15438
Legal Description GARDEN ISLES SEC 2 49-6 B LOT 16 BLK 5

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s), Central Air
Water source Public

Amenities

pool
private backyards
washer and dryer
storage space

Building Details

Year built 1965
Floors in Building 1
Number of units 2
Flooring type Tile - Ceramic
Building materials CBS
Roof type Tile
Listing Agency: Premier Listings
Listed By: Maria M Acosta · License #3129122
Added: Apr 22 Changed: Aug 3 Last Checked: Aug 4 at 6:06AM
MLS# B26018920

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.

Investment Insights

Based on property information with market context.

This cash-flowing duplex includes two updated, rented units with private backyards and a shared pool. Unit B features three bedrooms and two baths, including a very large utility/laundry room and an expansive flexible rear space that can serve as a family room, office, playroom, or game room. Unit A offers two bedrooms and two baths with its own comfortable layout. Both residences include private outdoor space, modern kitchens and bathrooms, and an interior with no carpet and newer tile flooring.

Construction is CBS, with central heating and central air plus ceiling fans. Improvements and finishes include impact windows and doors, newer appliances, and fresh interior and exterior paint. Each unit has its own washer and dryer and generous storage, and the property uses separate electric meters. The fenced layout and patio support added privacy and outdoor living.

The roof is newer, and the landlord maintains the pool and landscaping. The property sits on a 0.17-acre lot and totals 2,826 square feet, built in 1965, and is in zoning RD-1 with public water and public sewer and cable available. The home is located near the rapidly growing downtown corridor with easy access to I-95, and there is no HOA approval required.

Key Highlights

  • 0.17‑acre lot with 2,826 SF duplex built in 1965, zoning RD‑1
  • Unit mix: Unit B 3 bed/2 bath and Unit A 2 bed/2 bath, both currently rented
  • Shared pool plus fenced layout, patio, and private backyards

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $71.2k $25.20
− Vacancy −$3.7k −$1.31
EGI $67.5k $23.89
− OpEx −$20.3k −$7.17
NOI $47.3k $16.72
2,826 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$675.1K
$590.7K – $787.6K (±1% cap)
NOI $47,258 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$620.2K
$542.7K – $723.5K (±1% cap)
NOI $43,412 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$1.10M
$964.4K – $1.29M (±1% cap)
NOI $77,150 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

TEAI Insurance Insurance Agency

Suggested Use

Top Pick Dental Office Parking Lot & Garage Cafe & Coffee Shop Veterinary Clinic Florist Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,827
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Fenced duplex on a 0.17-acre lot with a pool, impact windows, and separate electric meters.
Where is this duplex located?
The property is located at 451 SE 1st Avenue Pompano Beach, FL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 0.17‑acre lot with 2,826 SF duplex built in 1965, zoning RD‑1; Unit mix: Unit B 3 bed/2 bath and Unit A 2 bed/2 bath, both currently rented; Shared pool plus fenced layout, patio, and private backyards
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message