$1,092,500
SOLD JUN 3, 2026
-- Bed
4 Baths
2,304 Sq Ft
5,255 Sq Ft Lot

Sale Details

Date Sold: June 3, 2026

$474 Per Sq Ft

19% Below List Price

208 Days on Market

Highlights

  • Garden View
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Outdoor Living Area
  • Interior Lot
  • Patio

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Jim Boyden

Lang Realty/BR License #619922 Listed on: 09/06/2025

Lang Realty/BR

Last Buyer's Agent

Aleks Morina

LoKation License #3519152

LoKation
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,886

Year Built

  • Built in 1951

Lot Details

  • 5,255 Sq Ft Lot
  • Lot Dimensions are 105 x 50
  • Partially Fenced Property
  • Wood Fence
  • Interior Lot
  • Sprinkler System

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4 Bathrooms
  • 2,304 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Garden Views

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Patio
  • Outdoor Living Area
  • Awning

Schools

  • Mcnab Elementary School
  • Pompano Beach Middle School
  • Blanche Ely High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 494306060970

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Blount Bros Pompano Beach Subdivision

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Deposit $250

Building Details

  • 4 Separate Electric Meters
  • Gross Income $90,620
  • Net Operating Income $53,279

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,886

Year Built

Built in 1951

Lot Details

5,255 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Take Atlantic Blvd east to A1A, go south 3 blocks to SE 3rd st, go right and building is on the left.
  • Year Built: 1951
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Accessibility Features: None
  • Flooring: Carpet, Tile
  • Living Area: 2304.0
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Awning(s), Outdoor Living Area
  • View: Garden
  • Fencing: Fenced, Partial, Wood
  • Lot Features: Interior Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Private: No
  • Road Surface Type: Asphalt
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Association: No
  • Pets Allowed: Pet Fee, Pet Restrictions, Yes

Schools

  • Elementary School: McNab
  • High School: Blanche Ely
  • Middle Or Junior School: Pompano Beach

Lot Info

  • Parcel #: 494306060970
  • Lot Size Acres: 0.12
  • Lot Size: 105 x 50
  • Mobile Dim Units: Feet
  • Zoning: 2-9 Units

Rental Info

  • Tenant Pays: Electricity, None
  • Pet Deposit: 250.0

Multi Family

  • Property Net Operating Income: 53279.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 90620.0
  • Number Of Separate Electric Meters: 4

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14886.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2025
Closed on
Jun 3, 2026
Sold by
Bought by
Seller's Agent
Jim Boyden
Lang Realty/BR
Buyer's Agent
Aleks Morina
LoKation
List Price
$1,350,000
Sold Price
$1,092,500
Premium/Discount to List
-$257,500
-19.07%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.47%
Original Mortgage
$819,375
Outstanding Balance
$818,605
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$265,922

Purchase Details

Closed on
May 18, 2023
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $1,092,500 Closing Team
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $819,375 New Conventional
Previous Owner $292,053 Commercial
Previous Owner $296,800 Commercial
Previous Owner $320,000 Commercial
Previous Owner $289,700 Commercial
Previous Owner $285,071 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2026 06/03/26 Sold $1,092,500 -12.6% $474 / Sq Ft
02/11/2026 02/11/26 Price Changed $1,250,000 -3.5% $543 / Sq Ft
11/24/2025 11/24/25 Price Changed $1,295,000 -4.1% $562 / Sq Ft
09/05/2025 09/05/25 For Sale $1,350,000 -- $586 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,530 $704,370
2025 $14,886 $640,340
2024 $12,249 $640,340 $105,470 $440,130
2023 $12,249 $529,210 $0 $0
2022 $11,066 $481,100 $0 $0
2021 $9,972 $437,370 $0 $0
2020 $9,264 $461,930 $105,470 $356,460
2019 $8,437 $401,540 $105,470 $296,070
2018 $7,622 $370,490 $105,470 $265,020
2017 $6,802 $298,740 $0 $0
2016 $6,135 $271,590 $0 $0
2015 $5,693 $246,900 $0 $0
2014 $5,281 $226,000 $0 $0
2013 -- $213,490 $105,470 $108,020
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11121635

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-06-06-0970

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