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Lynn Schmitz

lynn@schmitzluxuryhomes.com +1(561) 504-2757

$ 1,250,000

Est. payment -/mo

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Active Under Contract

3308 SE 3rd ST Pompano Beach, FL 33062

4 Baths

2,304 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,304 sqft

Price per Sqft $542

Subdivision Blount Bros Pompano Beach

MLS Listing ID R11121635

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 2304

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

Area 3121

Zoning 2-9 Units

Interior

Interior Features InteriorFeatures

Heating Central, Wall Furnace

Cooling Central Air, Electric, Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplace No

Window Features Blinds

Exterior

Exterior Feature Awning(s), Outdoor Living Area

Fence Fenced, Partial, Wood

Utilities Available Cable Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

Water Access Desc Public

View Garden

Roof Type Composition,Shingle

Street Surface Asphalt

Accessibility None

Porch Patio

Total Parking Spaces 5

Private Pool No

Building

Lot Description Interior Lot, Sprinklers Automatic, < 1/4 Acre

Dwelling Type Quadruplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Stucco

New Construction No

Construction Status Resale

Schools

Elementary Schools Mcnab

Middle Schools Pompano Beach

High Schools Blanche Ely

Others

Senior Community No

Restrictions No Restrictions

Tax ID 494306060970

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Pet Fee, Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/3308-SE-3rd-Street-Pompano-Beach-FL-33062/unbranded

Listed by James H Boyden Lang Realty/BR

Lynn Schmitz

Broker Associate

+1(561) 504-2757

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Lynn Schmitz

3308 SE 3rd ST Pompano Beach, FL 33062

Key Details

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Interior

Exterior

Building

Schools

Others

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3308 SE 3rd ST