About 3308 Se 3rd Street
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.
Features of 3308 Se 3rd Street
| MLS® # | R11121635 |
|---|---|
| Price | $1,250,000 |
| Bathrooms | 4.00 |
| Square Footage | 2,304 |
| Acres | 0.12 |
| Year Built | 1951 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Closed |
Community Information
| Address | 3308 Se 3rd Street |
|---|---|
| Area | 3121 |
| Subdivision | Blount Bros Pompano Beach |
| City | Pompano Beach |
| County | Broward |
| State | FL |
| Zip Code | 33062 |
Amenities
| Utilities | Cable Available, Sewer Available, Water Available |
|---|---|
| View | Garden |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Central, Window/Wall |
|---|---|
| Cooling | Central Air, Electric, Wall/Window Unit(s) |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Awning(s) |
|---|---|
| Lot Description | Interior Lot |
| Windows | Blinds |
| Roof | Composition, Shingle |
| Construction | Stucco, CBS |
School Information
| Elementary | McNab |
|---|---|
| Middle | Pompano Beach |
| High | Blanche Ely |
Additional Information
| Zoning | 2-9 Units |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Lang Realty/BR |
|---|