3308 3rd Street, Pompano Beach, FL 33062
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- MLS#: R11121635 ( Residential Income )
- Street Address: 3308 3rd Street
- Viewed: 46
- Price: $1,250,000
- Price sqft: $543
- Waterfront: No
- Year Built: 1951
- Bldg sqft: 2304
- Total Baths: 4
- Days On Market: 189
- Additional Information
- Geolocation: 26 / -80
- County: Broward
- City: Pompano Beach
- Zipcode: 33062
- Subdivision: Blount Bros Pompano Beach
- Elementary School: McNab
- Middle School: Pompano Beach
- High School: Blanche Ely
- Provided by: Lang Realty/BR
- DMCA Notice
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DescriptionRare 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.
Property Location and Similar Properties
Features
Possible Terms
- Cash
- Conventional
Association Amenities
- Picnic Area
Close Date
- 0000-00-00
Cooling
- Central Air
- Wall/Window Unit(s)
Flooring
- Tile
Heating
- Central
- Window/Wall
High School
- Blanche Ely
Legal Description
- BLOUNT BROS POMPANO BEACH SUB 2-43 B LOT 12 BLK 10
Middle School
- Pompano Beach
Parcel Number
- 494306060970
Property Type
- Residential Income
Road Frontage Type
- East of US-1
Roof
- Composition
School Elementary
- McNab
Sewer
- Public Sewer
Tax Year
- 2024
Tenant Pays
- Electricity
- None
Utilities
- Cable Available
- Sewer Available
- Water Available
Views
- 46
Virtual Tour Url
- https://www.propertypanorama.com/3308-SE-3rd-Street-Pompano-Beach-FL-33062/unbranded
Water Source
- Public
Year Built
- 1951
Zoning Code
- 2-9 Units


