Multifamily in Pompano Beach, FL 33060
Ocean Drive Estates, 317 SE 12th Ave #1-3

$850K8.8%
$775,000
2,280
SqFt
Status
OFF MARKETExpired
Size
2,280 SqFt (212 m2)
Price
$340/SqFt ($3,659/m2)
Type
Multifamily
Built
1971
MLS Number
R11076736
View
Garden
On Site
528 Days
Updated
443 Days ago
Page Views
0
Investment Opportunity in Prime Pompano Beach! This income-producing triplex at 317 SE 12th Ave has a cap rate 8% and features three fully leased units, making it a turnkey investment with immediate cash flow. Located in the heart of Pompano Beach, just minutes from the beach, shopping, dining, and entertainment, this property is highly desirable for tenants. Each unit is well-maintained, offering comfortable living spaces and consistent rental income. With strong demand for rentals in this booming area, this is a rare chance to secure a profitable multi-family property in a high-growth market. Whether expanding your portfolio or starting in real estate investing, this triplex offers long-term value and stability. Not all units have photographs available.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence,Patio
      • View: Garden
      Interior, Heating and Cooling
      • Heating Description: Other
      • Cooling Description: Other
      Building and Construction
      • Floor Description: CeramicTile,Terrazzo
      • Year Built: 1971
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-03-31T13:07:35.000-00:00
        Taxes, Fees & More
        • Taxes: 10178
        • Total Units in Building: 3

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        Price History

        Current
        $775K
        High
        $850K
        Low
        $775K
        Total Change
        -8.8%
        $859K$813K$766KMar 25Apr 25
        Date
        Event
        Price
        Change
        Price Per
        04/29/2025
        Price Reduced
        $775K
        -8.82%
        $340 ft2
        $3,659 m2
        03/31/2025
        Listed
        $850K
         
        $373 ft2
        $4,013 m2
        04/29/2025
        $775K
        Event
        Price Reduced
        Change
        -8.82%
        Price Per
        $340 ft2
        $3,659 m2
        03/31/2025
        $850K
        Event
        Listed
        Price Per
        $373 ft2
        $4,013 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Keriann WorleySoaring Real Estate, LLC • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        73

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        33

        100
        Bike Score®
        Somewhat Bikeable. Minimal bike infrastructure
        47

        100
        Sound Score®
        Bearable noise
        78

        100
        Airport Score
        Close to airports. Noticeable airport activity
        1

        100
        Traffic Score
        Congested area. Frequent traffic delays
        27

        100
        Local Score
        Limited local amenities nearby
        1

        100
        Community Snapshot
        1 – 3 BR
        Bedrooms
        $120K – $1.1M
        Price Tier
        480 - 6,915
        SqFt Range
        1969
        Year Build
        2
        Total Floors

        Subdivision Amenities

        Laundry
        None
        Pool

        Pompano Beach
        Premium
        Premium Homes & Condos