216 12Th St, Pompano Beach, FL 33060
This exceptional Pompano Beach investment opportunity presents a meticulously maintained 1-story duplex, built in 1991, located at 216 NW 12th St, 33060. Currently configured as a 4/2, 2/1, and 1/1 unit layout, this property offers significant income potential. The property features four separate meters, allowing for easy conversion into a four-unit building, maximizing rental income. Recent upgrades include a new roof, fresh paint, and accordion shutters, ensuring long-term value and reduced maintenance costs. Ample parking is available for all tenants. A significant added benefit is an on-site coin-operated laundry facility generating a monthly income of $500. All current tenants are under lease agreements. This property is being offered for sale at $785,000. A unique opportunity exists to purchase the adjacent property at 220 NW 12th St, creating a portfolio of seven (potentially eight) units. This combined package presents a compelling investment opportunity for astute buyers seeking immediate cash flow and significant long-term growth potential in a desirable Broward County location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.