131 SW 15TH Street # 3, Pompano Beach FL 33060

Discover a well-located residential income property in Pompano Beach’s established Lyons Park neighborhood. This 1972 triplex offers an attractive unit mix with one two-bedroom, one-bath apartment and two one-bedroom, one-bath apartments. The property includes Units 1-3, with approximately 1,982 square feet of living area on a 7,200-square-foot lot.
This maintained income property presents a compelling value-add opportunity. Two one-bedroom apartments are currently leased at $1,000 and $1,050 per month, approximately 31% to 35% below the current market range of $1,500 to $1,550. Adjusting these rents could increase potential gross income by approximately $11,400 to $12,600 annually. The two-bedroom apartment is vacant and available for showings, making it suitable for an owner occupant or investor.

131 SW 15TH Street Triplex, Units 1-3

Each apartment benefits from central air conditioning, ceiling fans, and central heating. Pets are allowed. Exterior features are not listed. The property is located in Broward County and is served by McNab Elementary, Pompano B. Middle, and Blanche Ely High School.
Enjoy the South Florida lifestyle with year-round sunshine, beautiful beaches, waterfront dining, shopping, outdoor recreation, and convenient access to Fort Lauderdale and Miami. Pompano Beach also offers excellent connectivity to major roads, airports, and entertainment.
For details or to schedule a showing at 131 SW 15TH Street Triplex, Units 1-3, call or WhatsApp +1 786.468.4380.