3/2 Duplex with Fenced
617 NW 15th Avenue Pompano Beach, FL 33069
617 NW 15th Avenue, Pompano Beach, FL, 33069
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For Sale
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Spacious 3/2 configuration on each side with central air and shared coin laundry plus an enclosed outdoor yard.
Property Size2,412 SF
Price / SF$331.26
Days on Market46
Property Features for 617 NW 15th Avenue
General Information
- Standard status
- Active
- Size
- 2,412 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1996
Listing Agency
LoKation
(954) 545-5583
Listed by
Jino Kuriakose · License #3285990
Source
Crexi
Added: Jun 5 Updated: Jul 10 at 1:58 pm Checked: Jul 19 at 6:06 am
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 LoKation
Investment Insights
Based on property information with market context.
This for-sale duplex offers a 3/2 layout on both sides, designed for comfortable everyday living. The homes include central air, tiled flooring throughout common areas, and carpeted master bedrooms, along with ample closet space. Each unit features an open white kitchen and a side entrance door, supporting easy flow to daily living areas. A shared, coin-operated laundry room adds convenience for residents. Outdoors, the property includes a large, open fenced yard that provides space for tenants to enjoy fresh air and outdoor activities. Off-street parking is available with eight parking spaces for residents and guests. The property is described as newer and includes PVC sewer pipes.
The duplex is located at 617 NW 15th Avenue in Pompano Beach, Florida. With on-site parking and an enclosed yard area, the property supports resident convenience and helps simplify move-in logistics for future occupants.
For buyers and owner-occupants, this duplex configuration can support a live-in strategy while maintaining rental income potential. Investors may also find the shared laundry setup and two matching 3/2 units practical for tenant operations. Showing is available upon acceptable offers.
The duplex is located at 617 NW 15th Avenue in Pompano Beach, Florida. With on-site parking and an enclosed yard area, the property supports resident convenience and helps simplify move-in logistics for future occupants.
For buyers and owner-occupants, this duplex configuration can support a live-in strategy while maintaining rental income potential. Investors may also find the shared laundry setup and two matching 3/2 units practical for tenant operations. Showing is available upon acceptable offers.
Key Highlights
- 1996‑built duplex with a 3/2 configuration on each side
- Central air on both units
- Tiled flooring and carpeted master bedrooms, with plenty of closet space
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 | $60.8k | $25.20 |
| − Vacancy | −$3.2k | −$1.31 |
| EGI | $57.6k | $23.89 |
| − OpEx | −$17.3k | −$7.17 |
| NOI | $40.3k | $16.72 |
2,412 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$576.2K
$504.2K – $672.3K
NOI $40,335 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$529.3K
$463.2K – $617.5K
NOI $37,052 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$940.7K
$823.1K – $1.10M
NOI $65,848 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Spacious 3/2 configuration on each side with central air and shared coin laundry plus an enclosed outdoor yard.
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 $799,000.
What are key features of this property?
This property features: 1996‑built duplex with a 3/2 configuration on each side; Central air on both units; Tiled flooring and carpeted master bedrooms, with plenty of closet space
