Dan Duckham-Designed
4565 POINCIANA Street #1-2, Lauderdale by the Sea, FL 33308
For Sale
$1,000,000
Two mirrored residences each provide two bedrooms, two full bathrooms, and dedicated parking.
Property Size1,836 SF
Price / SF$544.66
Days on Market20
Property Features for 4565 POINCIANA Street #1-2
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Building Details
Year Built
Buildings
Construction
Listing Agency:
Southern Group Realty Inc
Listed By:
Neal W Wiseman · License FL #0655498
(954) 663-9255
Source:
Lehmannflorida
Added: Oct 22
Changed: Nov 9
Last Checked: Nov 8 at 6:08AM
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 Southern Group Realty Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Designed by Dan Duckham, this 1963 duplex contains 1,836 square feet across two units. Each residence has two bedrooms and two full bathrooms, along with two dedicated parking spaces. The property’s mid-century design dates to the original construction year.
The duplex is a few doors from a beach access point and within walking distance of the ocean. Anglins Pier, with nearby dining, events, and activities, is also close by.
The duplex is a few doors from a beach access point and within walking distance of the ocean. Anglins Pier, with nearby dining, events, and activities, is also close by.
Key Highlights
- Two units, each with 2 bedrooms and 2 full bathrooms
- Dan Duckham design; built in 1963
- 1,836 square feet total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,703
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,060
$614.1K
Cap Rate 7%
$438,614
$438.6K
Cap Rate 9%
$341,144
$341.1K
Market Conditions
NOI Build-Up for 1,836 SF
Gross rent
$46.3K $25.20/SF
− Vacancy
−$2.4K −$1.31/SF
EGI
$43.9K $23.89/SF
− OpEx
−$13.2K −$7.17/SF
NOI
$30.7K $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%
$614,060
Cap Rate 7%
$438,614
Cap Rate 9%
$341,144
Alternative Uses
Best Use
Multifamily LT 5
$438.6K
$383.8K – $511.7K
NOI $30,703 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$402.9K
$352.6K – $470.1K
NOI $28,204 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$716.0K
$626.5K – $835.4K
NOI $50,123 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,927
Businesses Nearby
Explore this area
Business Placement
Demographics for 33308, FL
29,519
Population
23,230
Households
1.3
Avg Household Size
57
Median Age
56%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
6,417
Density / Sq Mi
$83,413
Median Household Income
$58,600
Median Earnings
$1,850
Median Rent
$536,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Broward County, FL
Properties on Market for Duplexes in Broward County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two mirrored residences each provide two bedrooms, two full bathrooms, and dedicated parking.
Where is this duplex located?
The property is located at 4565 POINCIANA Street #1-2 Lauderdale by the Sea, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 full bathrooms; Dan Duckham design; built in 1963; 1,836 square feet total
