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    Cash-Flowing Duplex with Shared Pool Title is generated by Realmo AI

    451 SE 1st Avenue # B #A & B, Pompano Beach, FL 33060

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    Two updated rental units with private backyards, impact windows, newer roof, and separate electric meters.

    Type:Multifamily
    Property size:
    2,826 SF
    Price / SF:
    $327/SF
    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

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    Listing Contact
    MARIA ACOSTA

    Listing agent MARIA ACOSTA License #3129122

    Listing office Premier Listings

    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

    This cash-flowing duplex features two updated, well-maintained residences with private backyards and a shared fenced setting. Unit B is a 3-bedroom, 2-bath layout with a very large utility/laundry room and a flexible rear space that can support a family room, office, playroom, or game room. Unit A offers 2 bedrooms and 2 baths with its own comfortable layout. Both units have modernized kitchens and bathrooms, impact windows and doors, newer appliances, fresh interior and exterior paint, and no-carpet interiors with newer tile flooring. Each unit includes its own washer and dryer and generous storage, and both are supported by separate electric meters. A newer roof and the shared pool, with the landlord currently maintaining pool and landscaping, round out the property’s practical day-to-day features.

    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
    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 local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1195317
    Latitude
    26.2327051

    FAQs

    What type of property is this?
    Duplex - Two updated rental units with private backyards, impact windows, newer roof, and separate electric meters.
    Where is this duplex located?
    The property is located at 451 SE 1st Avenue # B #A & B 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: 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
    (561) 445-9592 Call to check price and availability
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