$1,250,000
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3308 SE 3rd ST Pompano Beach, FL 33062
2,304 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $474
Subdivision Blount Bros Pompano Beach
MLS Listing ID R11121635
Sold Date 06/03/26
Style One Story,Fourplex
HOA Y/N No
Year Built 1951
Annual Tax Amount $14,886
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Quadruplex
Property Description
Rare value-add beachside multifamily opportunity just steps from the ocean in Pompano Beach. Legally a 4-unit property with four electric meters but currently configured as five income-producing units. The original 3BR/2BA unit has been thoughtfully split into two 1BR/1BA units and can easily be restored to its original layout if desired. Includes an oversized studio that could convert to a true 1BR with the addition of a wall. Property is underperforming due to several long-term tenants below market rents, offering significant upside. One seasonal unit already demonstrates strong income potential. Ideal for investors seeking rent growth, repositioning potential, or short-term rental strategies such as Airbnb. Buyer to verify future use with the city.
Location
State FL
County Broward
Community Blount Bros Pompano Beach
Area 3121
Direction Take Atlantic Blvd east to A1A, go south 3 blocks to SE 3rd st, go right and building is on the left.
Interior
Interior Features Main Living Area Entry Level
Heating Central, Wall Furnace
Cooling Central Air, Electric, Wall/Window Unit(s)
Flooring Carpet, Tile
Window Features Blinds
Exterior
Exterior Feature Fence, Patio, Awning(s)
Pool None
Utilities Available Cable Available, Water Available, Sewer Available
View Garden
Roof Type Composition,Shingle
Porch Patio
Private Pool No
Building
Lot Description <1 Acre, Interior Lot, Sprinklers Automatic, < 1/4 Acre
Story 1
Sewer Not Connected (at lot), Public Sewer, Other
Water Public
Architectural Style One Story, Fourplex
Level or Stories One
Structure Type Block,Stucco
Schools
Elementary Schools Mcnab
Middle Schools Pompano B.Middle
High Schools Blanche Ely
Others
Pets Allowed No Pet Restrictions
Senior Community No
Restrictions No Restrictions
Tax ID 494306060970
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
Pets Allowed No Pet Restrictions
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Bought with LoKation