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Vreeland Real Estate
3308 Se 3rd Street, Pompano Beach, FL 33062
- $1,092,500
- 4
- BA
- 2,304
- SqFt
- Sold Price
- $1,092,500
- List Price
- $1,250,000
- Closing Date
- Jun 03, 2026
- MLS
- R11121635
- Status
- CLOSED
- Type
- Multifamily
- Living Area
- 2,304
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.
Additional Information
- Days on Market
- 218
- Style
- Fourplex
- Lot Size
- 5,255
- Exterior Features
- East Of Us1
- Year Built
- 1951
- Development Name
- Blount Bros Pompano Beach
- #Stories
- 1
- Construction Type
- CBS Construction, Stucco
Mortgage Calculator
Listing Courtesy of Lang Realty/BR, Contact:
Selling Office: LoKation.