Tenant-Occupied Duplex For
For Sale
Contact for pricing
800-802 SW 6th Court, Pompano Beach, FL 33060
Tenant-occupied duplex offered for sale with income in place and no HOA requirements.
Property Size1,715 SF
Price / SF$465.89
Days on Market146
Property Features for 800-802 SW 6th Court
General Information
Standard status
Active
Size
1,715 SF
Property subtype
Multifamily
Zoning
RM-20
Additional Details
Business Included
Yes
Building Details
Year Built
1968
Units
2
Listing Agency:
Balistreri Real Estate Inc
(561) 298-0481
Listed By:
Cathy Barredo · License #3563351
Source:
Crexi
Added: Mar 15
Changed: Aug 7
Last Checked: Aug 6 at 9:21AM
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 Balistreri Real Estate Inc
Investment Insights
Based on property information with market context.
This is a tenant-occupied duplex offered for sale. The property is configured as two separate residences under one ownership, providing current rental occupancy. Public remarks also note there is no HOA, which can simplify property management considerations.
The duplex is located at 800-802 SW 6th Court in Pompano Beach, Florida. The listing indicates the property is available for showings by appointment only, supporting a straightforward scheduling process for qualified buyers and their representatives.
For investors and owner-occupants seeking a smaller residential income asset, the tenant-occupied setup provides income in place at the time of purchase. With no HOA called out in the remarks, buyers may find fewer association constraints to account for when planning their ongoing management and maintenance. As presented, the property is positioned as an income-focused opportunity, with access limited to appointments for viewing.
The duplex is located at 800-802 SW 6th Court in Pompano Beach, Florida. The listing indicates the property is available for showings by appointment only, supporting a straightforward scheduling process for qualified buyers and their representatives.
For investors and owner-occupants seeking a smaller residential income asset, the tenant-occupied setup provides income in place at the time of purchase. With no HOA called out in the remarks, buyers may find fewer association constraints to account for when planning their ongoing management and maintenance. As presented, the property is positioned as an income-focused opportunity, with access limited to appointments for viewing.
Key Highlights
- Tenant‑occupied duplex offered for sale with income in place
- Year built: 1968
- No HOA
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,679
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$573,580
$573.6K
Cap Rate 7%
$409,700
$409.7K
Cap Rate 9%
$318,656
$318.7K
Market Conditions
NOI Build-Up for 1,715 SF
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.
Gross rent
$43.2K $25.20/SF
− Vacancy
−$2.2K −$1.31/SF
EGI
$41.0K $23.89/SF
− OpEx
−$12.3K −$7.17/SF
NOI
$28.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$573,580
Cap Rate 7%
$409,700
Cap Rate 9%
$318,656
Alternative Uses
Best Use
Multifamily LT 5
$409.7K
$358.5K – $478.0K
NOI $28,679 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$376.4K
$329.3K – $439.1K
NOI $26,345 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$668.9K
$585.3K – $780.3K
NOI $46,820 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,186
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 - Tenant-occupied duplex offered for sale with income in place and no HOA requirements.
Where is this duplex located?
The property is located at 800-802 SW 6th Court Pompano Beach, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Tenant‑occupied duplex offered for sale with income in place; Year built: 1968; No HOA
