Nearby Schools
McnabElementary School
Pompano BeachMiddle School
Blanche ElyHigh School
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
Listed By
Similar Listings
$1,337,000
3,160 Sq ft
activeundercontract
MLS# R11157701
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Listing Office: Lang Realty/BR
