Pompano Beach Multifamily for Sale
Marcus & Millichap is pleased to present Pompano By The Sea Apartments, an 11-unit multifamily property located at 3226 NE 12th Street in Pompano Beach, Florida. Built in 1965, the property totals 6,748 square feet and is situated on a 0.28-acre lot. The unit mix consists of 3 studios (436 SF), 7 one-bedroom/one-bathroom units (620 SF), and 1 three-bedroom/two-bathroom unit (1,100 SF), offering a flexible layout that appeals to a broad renter profile. The property features a pitched composite shingle roof, wall-unit air conditioning, and desirable on-site amenities including a swimming pool and laundry room. Interior upgrades include LVT flooring, wood cabinetry, and granite countertops, enhancing both durability and aesthetic appeal. The asset is currently operated as annual rentals; however, given its proximity to the beach and tourist-driven amenities, we believe the property’s highest and best use may be repositioning to short-term rentals, allowing for potentially higher revenue and optimized cash flow.
Pompano By The Sea Apartments is ideally located east of Federal Highway, just minutes from the Pompano Beach shoreline, Fisher Family Pier, and the redeveloped Pompano Beach Fishing Village, home to upscale dining, retail, and entertainment. The submarket continues to benefit from significant redevelopment activity, including new luxury residential towers, boutique hospitality projects, and mixed-use developments that are elevating the area’s long-term demand profile.
With its coastal location, updated interiors, on-site pool amenity, and potential for operational repositioning, Pompano By The Sea Apartments presents a compelling opportunity to acquire a boutique multifamily asset in one of Broward County’s fastest-growing beachfront submarkets.
