Two-Building Duplex
700 SW 8th Street, Pompano Beach, FL 33060
For Sale
$520,000
Residential Income, Pompano Beach, FL
Property Size1,872 SF
Lot Size0.37 Acres
Price / SF$277.78
Days on Market145
Property Features for 700 SW 8th Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Rooms
Patio and Porch features
Pets allowed
Exterior features
Fencing
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Keller Williams Realty Consult
(954) 688-5400
Listed By:
Cynthia L Heelan · License #3365882
(954) 288-5851
Added: Jun 16
Changed: Oct 31
Last Checked: Nov 7 at 6:06AM
MLS# B26041945
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.
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Investment Insights
Based on property information with market context.
This duplex comprises two separate 3-bedroom, 1-bathroom buildings connected by a covered breezeway and carport. The property contains 1,872 square feet and was built in 1950, with CBS and stucco construction, concrete flooring, shingle roofing, public water and public sewer. Exterior features include a courtyard, garden, porch, patio, and perimeter chain-link fencing. Cooling is provided by wall, window, and electric units.
The property is located at 700 SW 8th Street in Pompano Beach, with access to I-95 and a location less than 4 miles from the Pompano Beach Pier. Both residences are currently occupied by long-term, month-to-month tenants.
RM-20 zoning supports multifamily density of up to 8 units. The existing improvements require substantial work, including updates to the kitchens, bathrooms, flooring, windows, HVAC systems, and other deferred maintenance items.
The property is located at 700 SW 8th Street in Pompano Beach, with access to I-95 and a location less than 4 miles from the Pompano Beach Pier. Both residences are currently occupied by long-term, month-to-month tenants.
RM-20 zoning supports multifamily density of up to 8 units. The existing improvements require substantial work, including updates to the kitchens, bathrooms, flooring, windows, HVAC systems, and other deferred maintenance items.
Key Highlights
- Two separate 3‑bed, 1‑bath buildings connected by a covered breezeway and carport
- 1,872 square feet across the duplex
- RM‑20 zoning allows multifamily density of up to 8 units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,305
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,100
$626.1K
Cap Rate 7%
$447,214
$447.2K
Cap Rate 9%
$347,833
$347.8K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$47.2K $25.20/SF
− Vacancy
−$2.5K −$1.31/SF
EGI
$44.7K $23.89/SF
− OpEx
−$13.4K −$7.17/SF
NOI
$31.3K $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%
$626,100
Cap Rate 7%
$447,214
Cap Rate 9%
$347,833
Alternative Uses
Best Use
Multifamily LT 5
$447.2K
$391.3K – $521.8K
NOI $31,305 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$410.8K
$359.5K – $479.3K
NOI $28,757 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$730.1K
$638.8K – $851.8K
NOI $51,106 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,094
Businesses Nearby
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Business Placement
Demographics for 33060, FL
35,793
Population
15,653
Households
2.3
Avg Household Size
39
Median Age
25%
College-Educated
82%
High-School Grad
7.0 sq mi
ZIP Area
5,113
Density / Sq Mi
$59,757
Median Household Income
$34,275
Median Earnings
$1,406
Median Rent
$354,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Pompano Beach, FL
Properties on Market for Duplexes in Pompano Beach
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences share a covered breezeway and carport on an RM-20 multifamily-zoned lot.
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 $520,000.
What are key features of this property?
This property features: Two separate 3‑bed, 1‑bath buildings connected by a covered breezeway and carport; 1,872 square feet across the duplex; RM‑20 zoning allows multifamily density of up to 8 units
