Updated Triplex with Impact
For Sale
$655,000
Pending
721 SW 8th Street, Pompano Beach, FL 33060
Residential Income, Pompano Beach, FL
Property Size2,032 SF
Days on Market235
Property Features for 721 SW 8th Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
RM-20
Bedrooms
4
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 2
Subdivision
Fairview Amd 10-25 B
Elementary school
Cypress
Middle school
Pompano Beach
High school
Blanche Ely
Standard status
Pending
APN
494202031220
Size
2,032 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
FAIRVIEW AMENDED PLAT 10-25 B LOT 32 BLK 15
Tax Annual Amount
8000
Legal Description
FAIRVIEW AMENDED PLAT 10-25 B LOT 32 BLK 15
Utilities
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Amenities
fenced backyard
laundry room
Building Details
Year built
1971
Floors in Building
1
Number of units
3
Roof type
Shingle, Composition
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Jino Kuriakose · License #3285990
(954) 937-5651
Added: Mar 3
Changed: Oct 23
Last Checked: Oct 24 at 7:06AM
MLS# F10555887
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit residential property contains 2,032 square feet and was built in 1971. Improvements include a 2021 shingle and composition roof, impact windows, porcelain tile flooring, refreshed kitchens, and updated electrical service. Recessed lighting and ceiling fans are installed throughout the rooms, while newer laundry equipment serves a dedicated laundry area. Fresh interior and exterior paint adds to the updated presentation, and the property includes a fenced backyard.
The triplex is located at 721 SW 8th Street in Pompano Beach, within Broward County and ZIP Code 33060. RM-20 zoning and public sewer support its multifamily residential configuration. The property is fully rented, with long-term tenants in place, and each tenancy includes first-month, last-month, and security deposits.
The triplex is located at 721 SW 8th Street in Pompano Beach, within Broward County and ZIP Code 33060. RM-20 zoning and public sewer support its multifamily residential configuration. The property is fully rented, with long-term tenants in place, and each tenancy includes first-month, last-month, and security deposits.
Key Highlights
- Three‑unit property with 2,032 square feet
- 2021 shingle and composition roof
- Impact windows throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,981
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,620
$679.6K
Cap Rate 7%
$485,443
$485.4K
Cap Rate 9%
$377,567
$377.6K
Market Conditions
NOI Build-Up for 2,032 SF
Gross rent
$51.2K $25.20/SF
− Vacancy
−$2.7K −$1.31/SF
EGI
$48.5K $23.89/SF
− OpEx
−$14.6K −$7.17/SF
NOI
$34.0K $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%
$679,620
Cap Rate 7%
$485,443
Cap Rate 9%
$377,567
Alternative Uses
Best Use
Multifamily LT 5
$485.4K
$424.8K – $566.4K
NOI $33,981 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$445.9K
$390.2K – $520.3K
NOI $31,215 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$792.5K
$693.4K – $924.6K
NOI $55,474 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,769
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with renovated interiors, durable finishes, and established occupancy.
Where is this triplex located?
The property is located at 721 SW 8th Street Pompano Beach, FL.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Three‑unit property with 2,032 square feet; 2021 shingle and composition roof; Impact windows throughout
