Duplex with Shared
For Sale
$749,000
617 NW 15th Avenue, Pompano Beach, FL 33069
Residential Income, Pompano Beach, FL
Property Size2,412 SF
Lot Size0.16 Acres
Price / SF$310.53
Days on Market126
Property Features for 617 NW 15th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RS-4
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 3, Bathroom 2
Exterior features
Garden
Fencing
Fenced
Subdivision
SEABOARD HIGHLANDS
Elementary school
C. Robert Markham
Middle school
Crystal Lake
High school
Blanche Ely
Standard status
Active
APN
484234020380
Size
2,412 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEABOARD HIGHLANDS 15-30 B LOT 11 BLK 4
Tax Annual Amount
9734
Legal Description
SEABOARD HIGHLANDS 15-30 B LOT 11 BLK 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
shared coin operated laundry room
central air
fenced yard
Building Details
Year built
1996
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
CBS
Roof type
Barrel
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Jino Kuriakose · License #3285990
(954) 937-5651
Added: Jun 5
Changed: Oct 8
Last Checked: Oct 8 at 4:06AM
MLS# B26038320
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 2,412-square-foot duplex in Pompano Beach contains two three-bedroom, two-bath units. Built in 1996 with CBS construction, the property has central air, tile flooring, and a shared coin-operated laundry room. A fenced yard provides outdoor space, and eight parking spaces serve the property.
The 0.16-acre property is zoned RS-4 and has public water and sewer. Cable is available.
The 0.16-acre property is zoned RS-4 and has public water and sewer. Cable is available.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- 2,412 square feet on a 0.16‑acre lot
- Eight parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,335
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,700
$806.7K
Cap Rate 7%
$576,214
$576.2K
Cap Rate 9%
$448,167
$448.2K
Market Conditions
NOI Build-Up for 2,412 SF
Gross rent
$60.8K $25.20/SF
− Vacancy
−$3.2K −$1.31/SF
EGI
$57.6K $23.89/SF
− OpEx
−$17.3K −$7.17/SF
NOI
$40.3K $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%
$806,700
Cap Rate 7%
$576,214
Cap Rate 9%
$448,167
Alternative Uses
Best Use
Multifamily LT 5
$576.2K
$504.2K – $672.3K
NOI $40,335 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$529.3K
$463.2K – $617.5K
NOI $37,052 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$940.7K
$823.1K – $1.10M
NOI $65,848 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Explore this area
Business Placement
Demographics for 33069, FL
28,817
Population
16,052
Households
1.8
Avg Household Size
42
Median Age
32%
College-Educated
86%
High-School Grad
9.4 sq mi
ZIP Area
3,066
Density / Sq Mi
$57,462
Median Household Income
$35,725
Median Earnings
$1,685
Median Rent
$253,000
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
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 - Two three-bedroom, two-bath units feature central air and a fenced outdoor area.
Where is this duplex located?
The property is located at 617 NW 15th Avenue Pompano Beach, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; 2,412 square feet on a 0.16‑acre lot; Eight parking spaces
