700 South Ocean Boulevard

Pompano Beach, FL 33062

$1,398,000
Price
Beds
2,460 Sq. Ft.
$568 / Sq. Ft.
2,460
Sq. Ft.
$568
per Sq. Ft.

Description

This 4 unit vacation rental property is ideally situated 1 block from a beautiful wide sandy beach! Guests rave about walking the beach & relaxing on their onsite private patio. New roof in May 2024 with warranty! Fully furnished & impeccably clean units to welcome each guest. A vast selection of activities & dining within walking distance. The property is a noted guest favorite & Superhost on Airbnb. The amenities together with the location have created a winning combination for excellent income!...This 4 unit vacation rental property is ideally situated 1 block from a beautiful wide sandy beach! Guests rave about walking the beach & relaxing on their onsite private patio. New roof in May 2024 with warranty! Fully furnished & impeccably clean units to welcome each guest. A vast selection of activities & dining within walking distance. The property is a noted guest favorite & Superhost on Airbnb. The amenities together with the location have created a winning combination for excellent income! An oversized one bedroom apartment with a sunroom can combine with a studio unit to become a two bedroom, two bathroom if desired. Owner could enjoy a great beach area lifestyle while living onsite and earning good revenue renting the remaining units. Great opportunity and an ideal location!
  1. Listed by Ross Herman • The Keyes Company • (954) 563-6800

Property Details for 700 South Ocean Boulevard

Subdivision Name
Morang & Parks
Style
Fourplex
Waterfront
No

Location

Listing Courtesy of The Keyes Company
Add your commute
LISTING UPDATED: 04/24/2024 02:29 PM

Property Details for 700 South Ocean Boulevard

StatusActive
MLS #F10418005
Days on Market82
Taxes$16,610 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1973
Lot Size-
CountyBroward County

Location

Listing Courtesy of The Keyes Company
Add your commute

Building Information for 700 South Ocean Boulevard

Stories-Residences4Year Built1973Building Size-Lot Size-

Payment Calculator

$9,014 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,629

Property Taxes

$1,384

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 700 South Ocean Boulevard

General Information
General Information
  • Sq Ft Liv Area: 2460.0
  • Information Available: Financial Statement, Other Available Information, Existing Survey
  • Township Range: 4943
  • Street Number Numeric: 700
  • Street Number: 700
  • Street Direction Prefix: S
  • Street Name: Ocean Blvd
  • County Or Parish: Broward County
  • Postal Code: 33062
  • City and Location Text: Pompano Beach
  • Pets On Premises YN: No
  • City Postal ID: 33062
Maintenance / Tax Information
  • Tax Amount: $16,610
  • Tax Information: Tax Reflects No Homestead Tax
  • Tax Year: 2023
Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached
  • Subdivision Complex Bldg: Morang & Parks
  • Total Units: 4
  • Type of Property: Fourplex
  • Year Built Numeric: 1973
  • Year Built Description: Resale
  • MLS Area: 3121
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Tile Floors
  • Flooring: Tile Floors
Exterior
  • Exterior Features: Barbecue, Fence, Patio
  • Construction Type: Cbs Construction, Other Construction
  • Pool: No
  • Roof Description: Other Roof
  • Sprinkler Description: City Sprinkler System
  • Windows Treatment: Awning, Blinds/Shades, Single Hung Metal
  • Construction: Cbs Construction, Other Construction
  • Roof: Other Roof
Waterfront
  • Water Description: Municipal Water
Utilities
  • Cooling Description: Central Cooling, Other, Wall/Window Unit Cooling
  • Heating Description: Reverse Cycle Unit
  • Cable Available: Yes
  • Separate Meter: No
  • Sewer Description: Municipal Sewer
Property / Lot Information
Building Information
  • Unit Count: 4
  • Type of Association: None
  • Zoning Information: RM-20
  • Num Parking Spaces: 4
  • Num Stories: 1
Community Information
  • Subdivision Number Numeric: 3
  • Gated Community YN: No
  • Property Management: No
Location Information
  • Area: 3121
  • County Land Code: 39
  • Directions: Atlantic Blvd east over the Intracoastal Waterway to Ocean Blvd. Go south and property is located on the east side, 1 lot south of SE 6 Street.
  • Geographic Area: North Broward Ocean To Intracoastal (3111-3121)
  • Parcel Number Free Text: 494306030290
  • Section: 6
  • State: FL
Lot Information
  • Approximate Lot Size: 50 x 130 appx
  • Lot Description: Less Than 1/4 Acre Lot, East Of Us 1
Multi Family Information
Expense Information
  • Total Expenses: $80,630
Income Information
  • Gross Rent Income: $187,833
  • Net Operating Income: $107,203
Rent Information
Rent Information
  • Rent Includes: Cable Tv, Electric, Hot Water, Sewer, Trash Removal, Water

Property History for 700 South Ocean Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 700 South Ocean Boulevard

Taxable ValueLand$130,680Additions$602,870Total$733,550
Tax Record2023$16,610 ($1,384 / month)
Home Facts
Total Finished SqFt2,460 SqFtAbove Grade Finished SqFt2,460 SqFtStories1Lot Size6,511 SqFtStyleHotel / MotelYear Built1973Year Renovated1983ZoningRM-20CountyBROWARDAPN49-43-06-03-0290

Schools near 700 South Ocean Boulevard

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Mcnab Elementary School
PublicPK to 5

Pompano Beach Middle School
Public6 to 8

Blanche Ely High School
Public9 to 12

Broward Children's Center North
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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700 South Ocean Boulevard is a multi-family home for sale in Pompano Beach, FL 33062. This property was listed for sale on January 15, 2024 by The Keyes Company, it's currently listed at $1,398,000. It has been on the market for a total of 82 days and was last sold on April 16, 2021. This listing's school district is Broward. Nearby schools include Mcnab Elementary School, Pompano Beach Middle School and Blanche Ely High School. 700 South Ocean Boulevard is a 0-bed, 0-bath, 2,460 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Keyes Company

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.