3308 SE 3rd St Pompano Beach, FL 33062  | Multi Family
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$1,250,000

3308 SE 3rd St Pompano Beach, FL 33062
5
Bedrooms
4
Bathrooms
5,227
sqft
1951
Year Built
Multi Family
Property Type
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About This Home

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

3308 SE 3rd St Pompano Beach, FL 33062

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Listing Agent

Jim Boyden

Jim Boyden

Lang Realty

(11 reviews)
Avg Price Sold$529.2K
Years Experience32
Total Transactions97