Commercial: MLS #RX11115373 Pompano Beach, FL $ 2,499,900
Commercial: MLS #RX11115373
$ 2,499,900
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Commercial: MLS #RX11115373

Pompano Beach, FL, 33062
$ 2,499,900
Bedrooms-- Baths12.0 Sq 5,872

Monthly Estimate*

$ 15,596

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Commercial Property for sale in Pompano Beach, FL

for $2,499,900 with 12 full baths. This 5,872 square foot building was built in 1972.

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.

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Commercial Active

Price

$ 2,499,900

Full Bath

12

Property Type

Commercial

Taxes

$ 32,141

Style

Income

Year Built

1972

Town/City

Pompano Beach

County/Region

Broward

MLS | Web ID

RX11115373

Features
General
Construction CBS
Heating Central
Cooling Central
Utilities Cable Electric Municipal Water Public Sewer Separate Meter
Roof Built-Up
Zoning AOD
Status Active
Year Built 1972
Subdivision BLOUNT BROS POMPANO BEACH
Stories Count 2.0
Type MultiFamily (5+ Units)
Property Type E
Location Beach Area Investment
Auction No
Tax Year 2024
Terms Considered Cash Conventional
Use Income Other
Misc. Laundry
Special Info None
Virtual Tour https://www.propertypanorama.com/513-S-Ocean-Boulevard-Pompano-Beach-FL-33062/unbranded
Legal Description BLOUNT BROS POMPANO BEACH SUB 2-43 B LOT 4 LESS PT DESC IN OR 13100/158 BLK 12
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Exterior
Waterfront No Ocean Access
Lot Size 0.19
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Interior
Flooring Tile
Ceiling Sheet Rock
Total Number of Units 8
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Internal Only
OriginalMLSID RX-11115373
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* Excluded Features
List By
Steven R Paulsen

Listing Agent

Open Market Residential Llc

Broker

steven.paulsen@openmarketcre.com

Email

Affordability Calculator

$18,275
Per Month
85%
15%
0%
Monthly Principal & Interest
$15,596
Monthly Property Taxes
$2,678
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/12/2025$2,499,900 -7.41% Price Down
8/13/2025$2,699,900 Listed Price

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