$2,699,900

513 S Ocean Blvd Pompano Beach, FL 33062

Estimated payment $17,390/month

Total Views 187
-- Bed
-- Bath
5,872 Sq Ft
$460 Price per Sq Ft

Highlights

  • Property has ocean access
  • Garden View
  • Central Heating and Cooling System
  • McNab Elementary School Rated A-
  • Tile Flooring

About This Home

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.

Listing Agent

Steven Paulsen

Open Market Residential LLC License #3053136 Listed on: 08/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,142

Year Built

  • Built in 1972

Home Design

  • Built-Up Roof

Interior Spaces

  • 5,872 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Garden Views

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Property has ocean access
  • 8,318 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 494306061150
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Blount Bros Pompano Beach Subdivision

Building Details

  • Operating Expense $163,202
  • Net Operating Income $178,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,142

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From Atlantic and A1A (Ocean Blvd) head south to SE 6th Street. On the NW Corner of SE 6th and A1A
  • Year Built: 1972
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 5872.0

Exterior Features

  • Exterior Features: None
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Built-Up

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 494306061150
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 8318.0
  • Zoning Description: AOD

Multi Family

  • Property Net Operating Income: 178810.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 163202.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 32142.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $2,699,900 -- $460 / Sq Ft
Source: BeachesMLS

Source: BeachesMLS

MLS Number: R11116550

BeachesMLS

APN: 49-43-06-06-1150

Florida Broward County Pompano Beach 33062

513 S Ocean Blvd, Pompano Beach, FL

This home is located at 513 S Ocean Blvd, Pompano Beach, FL 33062 and is currently priced at $2,699,900, approximately $459 per square foot. This property was built in 1972. 513 S Ocean Blvd 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.

Nearby Homes
Steven Paulsen
Listing Agent
Steven Paulsen
Section Image
Open Market Residential LLC
(754) 282-8508