Duplex with Covered
700 SW 8th Street, Pompano Beach, FL 33060
Two 3-bedroom units on a multifamily-zoned lot, connected by a covered breezeway, offered with month-to-month tenants.
Type:Multifamily
Property size:
1,872 SFLot size:
0.37 AcresPrice / SF:
$307/SF- Added:
- Jun 17, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 24 at 5:05 am
Property Features for 700 SW 8th Street
General Information
- Standard status
- Active
- Size
- 1,872 SF
- Lot size
- 0.37 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1950
Listing office Keller Williams Realty CS
Listing date Jun 17, 2026
Source Crexi
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 Keller Williams Realty CS
HighLights
- Duplex on a 0.3663‑acre R‑20 multifamily‑zoned lot in Pompano Beach
- Two separate 3‑bedroom, 1‑bath buildings connected by a covered breezeway/carport
- Currently occupied by long‑term month‑to‑month tenants paying below‑market rents
- Substantial renovation needed, including kitchens, bathrooms, flooring, windows, and HVAC systems
- R‑20 zoning allows multifamily density of up to 8 units for potential redevelopment
- Less than 4 miles to the Pompano Beach Pier and close to I‑95
Overview
This duplex property includes two separate 3-bedroom, 1-bath buildings connected by a covered breezeway/carport on a 0.3663-acre R-20 multifamily-zoned lot. The arrangement supports independent building use while maintaining shared covered access between structures. The home is currently occupied by long-term month-to-month tenants. A substantial renovation is required, including kitchens, bathrooms, flooring, windows, HVAC systems, and other deferred maintenance items.
The site is located in Pompano Beach and is described as being in close proximity to I-95. The property is also listed as being less than 4 miles from the Pompano Beach Pier, placing it within reach of coastal destinations and major roadway connectivity.
For buyers and investors seeking a multifamily-zoned duplex with in-place tenant occupancy, this offering provides a clear renovation scope and an R-20 zoning basis that allows multifamily density of up to 8 units. The configuration and site size may also be of interest to operators looking at redevelopment or higher-density scenarios within the stated zoning parameters. Sellers welcome serious offers.
The site is located in Pompano Beach and is described as being in close proximity to I-95. The property is also listed as being less than 4 miles from the Pompano Beach Pier, placing it within reach of coastal destinations and major roadway connectivity.
For buyers and investors seeking a multifamily-zoned duplex with in-place tenant occupancy, this offering provides a clear renovation scope and an R-20 zoning basis that allows multifamily density of up to 8 units. The configuration and site size may also be of interest to operators looking at redevelopment or higher-density scenarios within the stated zoning parameters. Sellers welcome serious offers.
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 | $47.2k | $25.20 |
| − Vacancy | −$2.5k | −$1.31 |
| EGI | $44.7k | $23.89 |
| − OpEx | −$13.4k | −$7.17 |
| NOI | $31.3k | $16.72 |
1,872 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$447.2K
$391.3K – $521.8K
NOI $31,305 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$410.8K
$359.5K – $479.3K
NOI $28,757 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$730.1K
$638.8K – $851.8K
NOI $51,106 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.132431
- Latitude
- 26.2195731
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two 3-bedroom units on a multifamily-zoned lot, connected by a covered breezeway, offered with month-to-month tenants.
Where is this duplex located?
The property is located at 700 SW 8th Street Pompano Beach, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Duplex on a 0.3663‑acre R‑20 multifamily‑zoned lot in Pompano Beach; Two separate 3‑bedroom, 1‑bath buildings connected by a covered breezeway/carport; Currently occupied by long‑term month‑to‑month tenants paying below‑market rents
