Updated Duplex with EV
For Sale
$439,000
605 Nw 15th Ave, Pompano Beach, FL 33441
Two refreshed one-bedroom residences offer separate utilities, private laundry, and shared outdoor space.
Property Size798 SF
Price / SF$550.13
Days on Market56
Property Features for 605 Nw 15th Ave
General Information
Standard status
Active
Size
798 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$633
Amenities
impact windows
wood-look porcelain tile
quartz countertops
recessed lighting
mini-split A/C
in-unit washer/dryer
dishwasher
updated electrical service
separate electric meters
separate water meters
separate natural gas meters
tankless water heaters
EV charging outlets
backyard
shared storage shed
Building Details
Buildings
1
Listing Agency:
Prestigious Homes Realty
Listed By:
Ronald Schwartzman
(561) 445-3999
Source:
Exprealty
Added: Sep 3
Changed: Oct 26
Last Checked: Oct 26 at 8:25PM
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 Prestigious Homes Realty
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Investment Insights
Based on property information with market context.
This duplex at 605 NW 15th Ave in Pompano Beach contains two updated one-bedroom, one-bath units. Interior improvements include impact windows, wood-look porcelain tile, quartz countertops, recessed lighting, mini-split air conditioning, dishwashers, and in-unit washers and dryers. Updated electrical service and tankless water heaters support the renovated interiors.
Each residence has separate electric, water, and natural gas metering. The property also includes ample parking, EV charging outlets, a shared storage shed, and a large backyard with a mature mango tree. The two-unit configuration provides flexibility for an owner-occupant or an investor seeking separate residential spaces.
Each residence has separate electric, water, and natural gas metering. The property also includes ample parking, EV charging outlets, a shared storage shed, and a large backyard with a mature mango tree. The two-unit configuration provides flexibility for an owner-occupant or an investor seeking separate residential spaces.
Key Highlights
- Two updated 1‑bedroom, 1‑bath units
- Impact windows, quartz countertops, porcelain tile, and recessed lighting
- Separate electric, water, and natural gas meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,345
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,900
$266.9K
Cap Rate 7%
$190,643
$190.6K
Cap Rate 9%
$148,278
$148.3K
Market Conditions
NOI Build-Up for 798 SF
Gross rent
$20.1K $25.20/SF
− Vacancy
−$1.0K −$1.31/SF
EGI
$19.1K $23.89/SF
− OpEx
−$5.7K −$7.17/SF
NOI
$13.3K $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%
$266,900
Cap Rate 7%
$190,643
Cap Rate 9%
$148,278
Alternative Uses
Best Use
Multifamily LT 5
$190.6K
$166.8K – $222.4K
NOI $13,345 @ 7.0% cap · market cap 3.04%
Second Best
Apartment 5plus
$175.1K
$153.2K – $204.3K
NOI $12,258 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$311.2K
$272.3K – $363.1K
NOI $21,785 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
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Business Placement
Demographics for 33441, FL
29,311
Population
15,225
Households
1.9
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,106
Density / Sq Mi
$57,257
Median Household Income
$35,163
Median Earnings
$1,544
Median Rent
$381,700
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
Frequently Asked Questions
What type of property is this?
Duplex - Two refreshed one-bedroom residences offer separate utilities, private laundry, and shared outdoor space.
Where is this duplex located?
The property is located at 605 Nw 15th Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Two updated 1‑bedroom, 1‑bath units; Impact windows, quartz countertops, porcelain tile, and recessed lighting; Separate electric, water, and natural gas meters
