1 / 53321 SE 1st Avenue, Pompano Beach FL 33060
Pompano Beach, FL
List Price
$649,900
Type
Duplex
Price / SqFt
$368/sqft
Price reduction
7.1% below original list — was $699,900
Est. equity
-32%
Comp ARV
$561,000
Max offer
$374,735
From the listing
Outstanding Investment Opportunity In The Heart Of Pompano Beach! This Spacious, Updated Duplex Is Just Minutes To Sandy Beaches And Shopping. Features Include 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!
Property Information
- Square Feet
- 1,766
- Units
- 2
- Days on Market
- 477
- Status
- active
Location
- County
- Broward County
- Zip Code
- 33060
- Coordinates
- 26.2265, -80.1223
Represented by Academia
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Why this deal
- 7.1% off original list price
- Multifamily with 2 units
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
30/100
Thin
is scored →
~-32% estimated equity to comp-based ARV (full marks at 30%+). Estimate — verify comps + rehab.
7.1% off original list (full marks at 25%+).
477 days on market (full marks at 120+ — more time = more leverage).
No explicit distress language in the public remarks.
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.
Deal scorecard
How four stakeholders read this deal
Risks
- Negative estimated equity — buying above estimated ARV, verify comps
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
- Permit history limited outside Fort Lauderdale in Broward — verify open permits with the AHJ
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Negative estimated equity — buying above estimated ARV, verify comps
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- thin equity — lender-unfriendly LTV (≈ 116% of ARV)
What an insurer sees
Insurance / 4-point
insurability v1. Broward is entirely within the HVHZ (High-Velocity Hurricane Zone) — r…
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
What a GC / AHJ sees
Permits / condition
Permit data from Broward permit records (Fort Lauderdale coverage; other cities limited…
- Permit history limited outside Fort Lauderdale in Broward — verify open permits with the AHJ
4-point — last permit
- Roofnone
- Electricalnone
- Plumbingnone
- HVACnone
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
321 SE 1st Avenue, Pompano Beach FL 33060, Pompano Beach, FL
Comp-based ARV — 3 closed comp(s), medium confidence.
Recommended max offer
$372,700
Room vs list (above list)
$277,200
Est. equity
-$181,665
-32% of ARV, at list
ROC at list
-24%
Est. all-in at list
$742,665
list + rehab + txn + carry
70% rule MAO
$372,700
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.
The comps behind the ARV
$561,000 after-repair value
3 recent closed sales nearby · medium confidence · range $462,000–$985,000
| Closed sale | Close $ | $/sqft | Date |
|---|---|---|---|
| 1791 SE 5th Ct, Pompano Beach FL 33060renovated | $1,000,000 | $558 | 2025-09-04 |
| 2040 NE 2nd Terrace, Pompano Beach FL 330602.1 mi | $525,000 | $262 | 2026-06-26 |
| 1920 NE 2nd Ter, Pompano Beach FL 33060renovated2.0 mi | $476,900 | $318 | 2026-04-13 |
Comparable data, not an appraisal. ARV is the median closed $/sqft of these comps applied to this home's size. Verify condition, location, and adjustments independently.