621 NW 3rd Avenue Pompano Beach, FL 33060
MULTI_FAMILY - Pompano Beach, FL
Property Features for 621 NW 3rd Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-12
- Bedrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
- Patio and Porch features
- Porch
- Pets allowed
- Yes, Cats OK, No, Dogs OK
- Exterior features
- Courtyard, Garden
- Fencing
- Fenced, Gate, Chain Link
- Standard status
- Active
- APN
- 484235140050
- Size
- 902 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- J W NEELEYS SUB 1-71 PB LOT 6
- Tax Annual Amount
- 6876
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Ceiling Fan(s), Central Air, Electric, Ductless, Heat Pump
- Water source
- Public
Building Details
- Year built
- 1944
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Tile
- Building materials
- Concrete, Stucco
- Roof type
- Shingle
Listing agent Eleonora Sari License #3276575 (561) 777-2337
Listing office RE/MAX Services 5820 N Federal Hwy., Boca Raton, FL (561) 912-3500
Listing date Jun 23, 2026
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.
The duplex is situated at 621 NW 3rd Avenue in Pompano Beach (Broward County). The lot size is 0.11 acres, supporting a manageable footprint for an owner-occupant or investor. One unit is currently rented at $1,625 per month, and the tenant is on a month-to-month arrangement and has expressed interest in renewing.
For tenants seeking a simpler residential setup and owners looking for a manageable two-unit holding, this duplex can fit a variety of approaches. The current tenancy provides continuity, while the no-HOA structure helps keep property oversight uncomplicated. The RM-12 zoning designation supports residential income use consistent with a duplex format, making the property a practical option for buyers evaluating a small-scale multifamily asset in Pompano Beach.
Key Highlights
- One‑story duplex with 902 SF of living space
- No HOA
- One unit currently rented for $1,625/month; tenant is month‑to‑month and wants to renew
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 | $22.7k | $25.20 |
| − Vacancy | −$1.2k | −$1.31 |
| EGI | $21.5k | $23.89 |
| − OpEx | −$6.5k | −$7.17 |
| NOI | $15.1k | $16.72 |
