Quadruplex in 513 S Ocean Boulevard, Pompano Beach, FL 33062 with MLS# R11116550

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.

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Days on the market

513 S Ocean Boulevard, Pompano Beach, FL 33062

Price
Price:
$2,499,900.00
Original List Price:
$2,699,900.00
List Price per Sq Ft (Calculated, Approx.):
$425.73
Close Price:
$2,350,000.00
Transaction closed on:
March 11, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Status Change
Last Major Update on:
March 12, 2026 6:41 pm
Rooms Distribution
Bathrooms Total:
12
Measures
Living Area:
5,872 Sqft
Built-Up Area:
5,872 Sqft
Building Area Source:
Public Records
Lot Size Acres:
0.19
Property Features
View from the Property:
Garden
Waterfront:
No
Waterfront Features:
Ocean Access, None
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Storm Protection Impact Glass:
Partial
Construction
Year Built:
1972
Roof:
Built-up
Number of Units Total:
4
Levels:
Two
Construction Materials:
CBS
Flooring:
Tile
Structure Type:
Fourplex (Quadruplex)
Number of Units in the Community or Building:
8
Stories:
2
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$32,141.9
Tax Year:
2024
Property Tax Details:
No Homestead
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Amenities Provided by the Homeowner's Association (HOA):
Park, Sidewalks
Subdivision Name:
BLOUNT BROS POMPANO BEACH
Senior Community:
No
Terms
Documents Available:
Inventory, Investment Analysis, Equipment Lists
Listing Terms Considered by Seller:
Cash, Conventional
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
BLOUNT BROS POMPANO BEACH SUB 2-43 B LOT 4 LESS PT DESC IN OR 13100/158 BLK 12
Real Estate Folio Number (Parcel Number):
494306061150
Zoning:
AOD
Listing History
Active on the market since:
September 25, 2025
Listing Agreement executed on:
August 15, 2025
Purchase Contract Date:
January 5, 2026
Price change occurred on:
November 12, 2025 7:21 pm
Listing Status Last Changed On:
March 12, 2026 6:41 pm
Photos updated on:
August 18, 2025 2:35 pm
Last Modified:
August 15, 2026 4:05 pm
Additional Information
Courtesy of:
Open Market Residential LLC
Attribution:
Not provided
Location
Street Name:
Ocean
Street Number:
513
City:
Pompano Beach
State:
Florida
Zip Code:
33062
County:
Broward
Latitude:
N26° 13' 39.3''
Longitude:
W81° 54' 30.4''
Street Suffix:
Boulevard
Street Direction Prefix:
S
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $82,955
Median Home Value $511,800
Median Rent $1,888/mo
Median Age 60
Population 25,495

Air Quality

Source: AirNow.gov · Broward County

🌬️ Air Quality Index (AQI) 38 Good
☀️ O3 19 Good
🫁 PM2.5 38 Good
💨 PM10 13 Good
Ver la Propiedad Ver la propiedad 513 S Ocean Boulevard, Pompano Beach, FL 33062
This listing can also be located in the MLS system as RX-11116550
Association of REALTORS®
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