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321 SE 1st Ave - Pompano Beach Duplex Near The Beach 2 Unit Apartment Building Offered at $675,000 Pompano Beach, FL 33060



INVESTMENT HIGHLIGHTS
- Spacious Units
- Potential Gross Income $51,600
- Located Near The Beach
EXECUTIVE SUMMARY
Outstanding Investment Opportunity In The Heart Of Pompano Beach! This Spacious, Updated Duplex Is Just Minutes To Sandy Beaches And Shopping. Features Include A Newer Roof, Hurricane Impact Windows And Doors, A New PVC Sewer Line, And Updated Central A/C System. The First Unit Offers A Generous 2-Bedroom, 1-Bathroom Layout, While The Second Unit Features A Large 1-Bedroom, 1-Bathroom. Both Units Are Equipped With Stackable Washers And Dryers And Have Separate Electric Meters. Currently Generating An Annual Gross Income Of $39,000, With A Potential To Increase To Over $50,000 Plus! Annual Expenses Include Taxes Of $8,561, Lawn Maintenance At $720, Insurance Costs Of $6,500, And Water And Trash $1,800. Great For First Time Investors Or Seasoned Pros!
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$51,600
|
$28.09
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$51,600
|
$28.09
|
| Taxes |
$8,561
|
$4.66
|
| Operating Expenses |
$9,020
|
$4.91
|
| Total Expenses |
$17,581
|
$9.57
|
| Net Operating Income |
$34,019
|
$18.52
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $51,600 |
| Annual Per SF | $28.09 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $51,600 |
| Annual Per SF | $28.09 |
| Taxes | |
|---|---|
| Annual | $8,561 |
| Annual Per SF | $4.66 |
| Operating Expenses | |
|---|---|
| Annual | $9,020 |
| Annual Per SF | $4.91 |
| Total Expenses | |
|---|---|
| Annual | $17,581 |
| Annual Per SF | $9.57 |
| Net Operating Income | |
|---|---|
| Annual | $34,019 |
| Annual Per SF | $18.52 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
- Lawn
- Large Bedrooms
1 1
Walk Score®
Very Walkable (80)
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321 SE 1st Ave - Pompano Beach Duplex Near The Beach
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