513 S Ocean Boulevard, Pompano Beach, FL 33062

$2,350,000
12
BA
5,872
SqFt
Sold Price
$2,350,000
List Price
$2,499,900
Closing Date
Mar 11, 2026
MLS
R11116550
Status
CLOSED
Type
Multifamily
Living Area
5,872

Property Description

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.

Additional Information

Days on Market
143
Waterfront Description
Ocean Access
Style
Fourplex
Lot Size
8,318
Exterior Features
None
Year Built
1972
Development Name
Blount Bros Pompano Beach
#Stories
2
Construction Type
CBS Construction

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of Open Market Residential LLC, Contact:

Selling Office: Pacific Luxury Homes, LLC..