How much is 2275 NE 12TH Street?

2275 NE 12TH Street is listed at $4,750,000, about $425 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on 2275 NE 12TH Street?

The listing reports net operating income of $260,517 a year, a cap rate of about 5.5% at the $4,750,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is 2275 NE 12TH Street zoned?

The listing reports zoning of RM-20. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 2275 NE 12TH Street?

The listing reports 11,165 square feet of building.

When was 2275 NE 12TH Street built?

2275 NE 12TH Street was built in 1958. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 2275 NE 12TH Street?

The listing reports annual property taxes of $63,687 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 2275 NE 12TH Street?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

2275 NE 12TH Street, Pompano Beach, FL 33062

$4,750,000 · $425 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $4,750,000
Price per sq ft: $425
Building size: 11,165 sq ft
Lot size: 18,295 sq ft
Zoning: RM-20
Year built: 1958
Units: 20
Stories: 2
Net operating income: $260,517/yr
Cap rate: 5.5%
Buildings: 2
Parking spaces: 25
Units leased / vacant: 19 leased · — vacant
Parcel ID: 484330200090
MLS#: B26057380

1-web-or-mls-2275--3 at 2275 NE 12TH Street, Pompano Beach

16-web-or-mls-2275--2 - Copy at 2275 NE 12TH Street, Pompano Beach

13-web-or-mls-2275--15 - Copy at 2275 NE 12TH Street, Pompano Beach

5-web-or-mls-2275--7 at 2275 NE 12TH Street, Pompano Beach

6-web-or-mls-2275--8 at 2275 NE 12TH Street, Pompano Beach

3-web-or-mls-2275--5 at 2275 NE 12TH Street, Pompano Beach

2-web-or-mls-2275--4 at 2275 NE 12TH Street, Pompano Beach

21-web-or-mls-2275 -15-7178 at 2275 NE 12TH Street, Pompano Beach

About this property

20 Unit Multifamily Investment, East of Federal Hwy in Pompano Beach. Stabilized apartment community on two contiguous parcels totaling 18,112 SF, minutes to the beach and Intracoastal, without the added price tag of being on the barrier island. CBS construction, offering 11,16 SF across two buildings with 18 one bedroom and 2 two bedroom units. In place rents that are a bit below market, offering upside through lease renewals which can be increased through value add updating. Zoned RM-20, the site benefits from low submarket vacancy and steady rent growth, plus proximity to the downtown core redevelopment, and new luxury beachfront hotels driving workforce housing demand. It's rare to find an offering of this many units in one building in this supply constrained coastal submarket.

Building Features and Utilities

Electricity Connected
Sewer Connected
Water Connected
CBS

Rent Roll

Unit type	Units	Beds / baths	Size	Rent per unit	Pro forma
1 Bedroom	18	1 / —	—	—	—
2 Bedroom	2	2 / 1	—	—	—

20 units.

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross income	$397,200/yr
Property taxes	$63,687/yr
Total operating expenses	$124,767/yr
Net operating income	$260,517/yr
Cap rate at asking price	5.5%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Nicklaus Vance · info@nvrealtygroup.com · Listing agent: Casey M Prindle

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 2275 NE 12TH Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 2275 NE 12TH Street

How much is 2275 NE 12TH Street?: 2275 NE 12TH Street is listed at $4,750,000, about $425 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 2275 NE 12TH Street?: The listing reports net operating income of $260,517 a year, a cap rate of about 5.5% at the $4,750,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 2275 NE 12TH Street zoned?: The listing reports zoning of RM-20. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 2275 NE 12TH Street?: The listing reports 11,165 square feet of building.
When was 2275 NE 12TH Street built?: 2275 NE 12TH Street was built in 1958. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 2275 NE 12TH Street?: The listing reports annual property taxes of $63,687 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 2275 NE 12TH Street?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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