Duplex with Covered Breezeway
For Sale
$575,000
700 SW 8th Street, Pompano Beach, FL 33060
MULTI_FAMILY - Pompano Beach, FL
Property Size1,872 SF
Lot Size0.37 Acres
Price / SF$307.16
Days on Market50
Property Features for 700 SW 8th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-20
Bedrooms
6
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 4
Patio and Porch features
Patio, Porch
Pets allowed
No, Yes
Exterior features
Courtyard, Garden
Fencing
Perimeter, Chain Link
Subdivision
FAIRVIEW AMENDED PLAT
Lot features
Oversized Lot, Room for Pool
Elementary school
Cypress
Middle school
Pompano Beach
High school
Blanche Ely
Directions
Dixie Hwy. West on SW 8th Street to address.
Standard status
Active
APN
494202031020
Size
1,872 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
FAIRVIEW AMENDED PLAT 10-25 B LOT 18,19 BLK 14
Tax Annual Amount
5804
Legal Description
FAIRVIEW AMENDED PLAT 10-25 B LOT 18,19 BLK 14
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Electric, Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Flooring type
Concrete
Building materials
CBS, Stucco
Roof type
Shingle
Listing Agency:
Keller Williams Realty Consultants
(954) 688-5400
Listed By:
Cynthia L Heelan · License #3365882
(954) 288-5851
Added: Jun 16
Changed: Jul 31
Last Checked: Aug 4 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.
Investment Insights
Based on property information with market context.
This duplex features two separate three-bedroom, one-bath buildings connected by a covered breezeway/carport. The property sits on a 0.37-acre R-20 multifamily-zoned lot, totaling 1,872 square feet, and was built in 1950. Exterior features include a courtyard and garden, with patio and porch areas, perimeter chain-link fencing, and a shingle roof.
Interior updates are needed: the property requires substantial renovation, including kitchens, bathrooms, flooring, windows, HVAC systems, and other deferred maintenance. Flooring is listed as concrete, and cooling includes electric, window unit(s), and wall/window unit(s).
Utilities include public water and public sewer, with cable available. The buildings are currently occupied by long-term month-to-month tenants. The location is in Pompano Beach, close to I-95 and less than 4 miles from the Pompano Beach Pier.
Interior updates are needed: the property requires substantial renovation, including kitchens, bathrooms, flooring, windows, HVAC systems, and other deferred maintenance. Flooring is listed as concrete, and cooling includes electric, window unit(s), and wall/window unit(s).
Utilities include public water and public sewer, with cable available. The buildings are currently occupied by long-term month-to-month tenants. The location is in Pompano Beach, close to I-95 and less than 4 miles from the Pompano Beach Pier.
Key Highlights
- Two separate three‑bedroom, one‑bath buildings connected by covered breezeway/carport
- 0.37‑acre R‑20 multifamily‑zoned lot with RM‑20 zoning
- 1,872 square feet duplex built in 1950
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,612
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on an RM-20 multifamily-zoned lot with two separate three-bedroom buildings connected by a covered breezeway/carport.
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: Two separate three‑bedroom, one‑bath buildings connected by covered breezeway/carport; 0.37‑acre R‑20 multifamily‑zoned lot with RM‑20 zoning; 1,872 square feet duplex built in 1950
