$775,000
$75K PRICE DROP

317 SE 12th Ave Unit 1-3 Pompano Beach, FL 33060

Snug Harbor Neighborhood

Estimated payment $5,091/month

Total Views 2,574
-- Bed
-- Bath
2,280 Sq Ft
$340 Price per Sq Ft

Highlights

  • Garden View
  • Patio
  • Fenced
  • McNab Elementary School Rated A-
  • Terrazzo Flooring

About This Home

Investment Opportunity in Prime Pompano Beach! This income-producing triplex at 317 SE 12th Ave has a cap rate 8% and features three fully leased units, making it a turnkey investment with immediate cash flow. Located in the heart of Pompano Beach, just minutes from the beach, shopping, dining, and entertainment, this property is highly desirable for tenants. Each unit is well-maintained, offering comfortable living spaces and consistent rental income. With strong demand for rentals in this booming area, this is a rare chance to secure a profitable multi-family property in a high-growth market. Whether expanding your portfolio or starting in real estate investing, this triplex offers long-term value and stability. Not all units have photographs available.

Listing Agent

Keriann Worley

Soaring Real Estate, LLC License #3336197 Listed on: 03/31/2025

Co-Listing Agent

Andrew Wetmore

Douglas Elliman License #3521244

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,178

Year Built

  • Built in 1971

Lot Details

  • 6,182 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • 1-Story Property
  • Garden Views

Flooring

  • Terrazzo
  • Ceramic Tile

Additional Features

  • Patio
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 494201030794

Community Details

Overview

  • 3 Units
  • Ocean Drive Estates Subdivision

Building Details

  • Operating Expense $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,178

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: East Atlantic Blvd, South on SE 13th Ave, Right on SE 3rd St, and left on SE 12th Ave.
  • Year Built: 1971
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Terrazzo
  • Living Area: 2280.0

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Flat, Tile

Utilities

  • Cooling: Other
  • Heating: Other
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 494201030794
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6182.0
  • Zoning Description: RD-1

Multi Family

  • Property Net Operating Income: 1.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10178.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,178 $469,850 -- --
2024 $9,083 $469,850 $43,270 $345,040
2023 $9,083 $388,310 $43,270 $345,040
2022 $8,438 $373,440 $43,270 $330,170
2021 $8,134 $361,770 $43,270 $318,500
2020 $5,734 $291,700 $43,270 $248,430
2019 $5,240 $253,490 $43,270 $210,220
2018 $4,916 $260,920 $43,270 $217,650
2017 $4,258 $172,850 $0 $0
2016 $3,837 $157,140 $0 $0
2015 $3,425 $142,860 $0 $0
2014 $3,145 $129,880 $0 $0
2013 -- $128,220 $43,270 $84,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Price Changed $775,000 -8.8% $340 / Sq Ft
03/31/2025 03/31/25 For Sale $850,000 -- $373 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $385,000 Aaa Premier Title
Warranty Deed $121,000 --
Quit Claim Deed $100 --
Warranty Deed $75,714 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $273,750 New Conventional
Previous Owner $180,000 Commercial
Previous Owner $150,000 Credit Line Revolving
Previous Owner $130,000 Commercial
Previous Owner $97,500 Commercial
Previous Owner $96,800 Commercial
Source: Public Records

Source: BeachesMLS

MLS Number: R11076736

BeachesMLS

APN: 49-42-01-03-0794

Florida Broward County Pompano Beach 33060 Snug Harbor

317 SE 12th Ave Unit 1-3, Pompano Beach, FL

This home is located at 317 SE 12th Ave Unit 1-3, Pompano Beach, FL 33060 and is currently priced at $775,000, approximately $339 per square foot. This property was built in 1971. 317 SE 12th Ave Unit 1-3 is a home located in Broward County with nearby schools including McNab Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Keriann Worley
Listing Agent
Keriann Worley
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Soaring Real Estate, LLC
(754) 254-4786