Price Reduced 7.41%

$1,250,000 ($542.53 per sqft)

Est. Mortgage $5,915/mo *

Quick Pre-Approval

Price History

$1,350,000
9/5/2025

$1,295,000
11/24/2025

$1,250,000
1/14/2026


3308 SE 3rd Street, Pompano Beach, FL, 33062

3308 SE 3rd Street, Pompano Beach, FL, 33062

4 Full baths

1951

2,304 sqft

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.


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

2-9 Units

Subdivision:

Blount Bros Pompano Beach

Heating:

Central, Window/Wall

Cooling:

Central Air, Wall/Window Unit(s)

Lot Size:

105 x 50

Acreage:

0.12

Est. Taxes:

$14,886

Construction

Stucco, CBS

Utilities

Cable Available, Sewer Available, Water Available

View Description:

Garden

Amenities:

Picnic Area

Elementary School:

McNab

Middle School:

Pompano Beach

High School:

Blanche Ely

Days on Market:

182

Owner Pays:

Electricity, None

MLS #:

RX-11121635


Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Lang Realty/BR 561-447-0666