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321 SE 1st Ave - Pompano Beach Duplex Near The Beach 2 Unit Apartment Building Offered at $936,495 CAD 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 (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$71,590
|
$38.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$71,590
|
$38.97
|
| Taxes |
$11,878
|
$6.47
|
| Operating Expenses |
$12,514
|
$6.81
|
| Total Expenses |
$24,392
|
$13.28
|
| Net Operating Income |
$47,198
|
$25.69
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $71,590 |
| Annual Per SF | $38.97 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $71,590 |
| Annual Per SF | $38.97 |
| Taxes (CAD) | |
|---|---|
| Annual | $11,878 |
| Annual Per SF | $6.47 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,514 |
| Annual Per SF | $6.81 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $24,392 |
| Annual Per SF | $13.28 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $47,198 |
| Annual Per SF | $25.69 |
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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