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MLS ID: R11121635
List Price: $ 1 250 000
Sold Price: $ 1 092 500 (-13%)
Status: Closed
List date: 09/05/2025
Closing Dt: 06/03/2026
Days on Market: 271
Sell $ 474 per SqFt
3308 SE 3rd, Pompano Beach
#MLS: R11121635
$ 1 250 000
Listing date09/05/2025
CityPompano Beach, FL 33062
Address3308 SE 3rd
Area2304 sqft
Tax/year$ 14 886
Built year1951

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.

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