Logo Free Trial!
  • MLS#: R11121635 ( Residential Income )
  • Street Address: 3308 3rd Street
  • Viewed: 38
  • Price: $1,250,000
  • Price sqft: $543
  • Waterfront: No
  • Year Built: 1951
  • Bldg sqft: 2304
  • Total Baths: 4
  • Days On Market: 186
Request More Information
  • All fields are required.
Property Photos
3308 3rd Street
Image Gallery

PRICED AT ONLY: $1,250,000

Address: 3308 3rd Street, Pompano Beach, FL 33062

Would you like to sell your home before you purchase this one?

Description
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.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
For a Fast & FREE Mortgage Pre-ApprovalApply Now
Features
Building and Construction
  • Flooring: Tile
  • Roof: Composition
School Information
  • High School: Blanche Ely
  • Middle School: Pompano Beach
  • School Elementary: McNab
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Window/Wall
  • Road Frontage Type: East of US-1
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
Amenities
  • Association Amenities: Picnic Area
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity, None
Other Features
  • Legal Description: BLOUNT BROS POMPANO BEACH SUB 2-43 B LOT 12 BLK 10
  • Parcel Number: 494306060970
  • Views: 38
  • Zoning Code: 2-9 Units
<
© 2026 brokeridxsites All rights reserved.
Opt Out Policy | We believe in accessibility for all