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MLS ID: R11116550
List Price: $ 2 499 900
Sold Price: $ 2 350 000 (-6%)
Status: Closed
List date: 08/15/2025
Closing Dt: 03/11/2026
Days on Market: 208
Sell $ 400 per SqFt
513 S Ocean, Pompano Beach
#MLS: R11116550
$ 2 499 900
Listing date08/15/2025
CityPompano Beach, FL 33062
Address513 S Ocean
Area5872 sqft
Tax/year$ 32 141
Built year1972
Waterfronttak

Do Not Walk Property or Disturb Tenants! Paradise Shores is an 8-Unit Multifamily in East Pompano Beach, Florida just steps to the Atlantic Ocean. The property is currently operating as a short term rental property with a strong repeat client list. Paradise Shores is well managed with many future bookings in place for year round activity. Paradise Shores has seen significant capital improvements including new furnishings, new air conditioning, new electrical service, newly lined sewer pipes, stabilization of operations, and much more. The units themselves are large more in line with private condominiums in the area making the property perfect for short term rentals. Parking is abundant as compared to similar properties in the area. Unit Mix (4) 2/2s (4) 1/1s.

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