451 SE 1st Avenue # B #A & B, Pompano Beach, FL 33060
Two updated rental units with private backyards, impact windows, newer roof, and separate electric meters.
- Added:
- Apr 23, 2026
- Days on Market:
- 62
- Last Refresh:
- Jun 20 at 4:02 am
Property Features for 451 SE 1st Avenue # B #A & B
General Information
- Standard status
- Active
- Size
- 2,826 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing agent MARIA ACOSTA License #3129122
Listing office Premier Listings (561) 445-9592
Listing date Apr 23, 2026
Source Crexi
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 Premier Listings
HighLights
- Cash‑flowing duplex with both units currently rented
- Two updated units with private backyards; shared fenced layout and separate electric meters
- Unit B: 3 bedrooms, 2 baths with a very large utility/laundry room plus flexible rear space
- Updates include impact windows and doors, newer appliances, and fresh interior and exterior paint
- Newer roof and newer tile flooring with no carpet throughout; each unit has its own washer and dryer
- Ample parking for several vehicles plus shared pool (landlord maintains pool and landscaping); no HOA approval required
Overview
The property is positioned just minutes to the beach and is located near Pompano Beach’s downtown corridor. It also benefits from easy access to I-95 and major South Florida hubs, along with proximity to schools, parks, shopping, dining, and entertainment.
For tenants or buyers seeking a straightforward, income-producing duplex setup, this offering provides two currently rented units with separate metering and ample on-site parking for several vehicles. The fenced layout and private outdoor areas support resident privacy, while the lack of HOA approval requirements can simplify ownership and operations.
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1195317
- Latitude
- 26.2327051