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$250,000
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Property Description
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.
Full Property Details
Full Property Details for 513 S Ocean Blvd
General
- Sold For: $250,000
- Taxes: $32,141 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Regional
- MLS ID: R11116550
- Added to Site: 169 day(s) ago
Interior
- Flooring: Tile
Additional Information
- Shared Amenities: Park, Sidewalks
Exterior
- Exterior Features: None
Location
- County: Broward
- Subdivision: BLOUNT BROS POMPANO BEACH
- Driving Directions: From Atlantic and A1A (Ocean Blvd) head south to SE 6th Street. On the NW Corner of SE 6th and A1A
Community
- Community Name: 3121
- Units Assoc/Comm: 8
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Structure Type: Quadruplex
- Construction: Block
- Roof: Built-Up
- Stories/Levels: 2
- Building Size: 5872
- Square Feet: 5,872
- Living Area: 5,872 Sq. Ft.
- Year Built: 1972
- Property Condition: Resale
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276.4
- Lot Features: 1/4 Acre
- Zoning: AOD
Water Features
- Water Front Desc.: None, Ocean Access
- Water Front View: None, Ocean Access
Financial Considerations
- Tax Amount: $32,141.9
- Tax Year: 2024
- Terms: Cash, Conventional
- Tenant Pays: None
Disclosures and Reports
- Documents Avail.: Financials, Inventory
- Legal Description: BLOUNT BROS POMPANO BEACH SUB 2-43 B LOT 4 LESS PT DESC IN OR 13100/158 BLK 12
- Property ID: 494306061150
Listed by Open Market Residential LLC
Sold by Pacific Luxury Homes, LLC.
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Schools
Schools serving 513 S Ocean Blvd
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Mcnab Elementary School 1350 Southeast 9th Avenue, Pompano Beach, FL 33060 | K-5 | 1.5 mi |
Pompano Beach Middle School 310 Northeast 6th Street, Pompano Beach, FL 33060 | 6-8 | 1.9 mi |
Blanche Ely High School 1201 Northwest 6th Avenue, Pompano Beach, FL 33060 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 513 S Ocean Blvd
Date
Details
Price
Change
Source
3/11/2026
Sold
$250,000
-90%
MLS
11/12/2025
Price Reduced
$2,499,900
-7.41%
MLS
8/15/2025
Listed
$2,699,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
513 S Ocean Boulevard, Pompano Beach, FL 33062 (MLS# R11116550) is a Multi-Family property that was sold at $250,000 on March 11, 2026. Want to learn more about 513 S Ocean Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Pompano Beach? You can browse all Pompano Beach real estate or contact a Coldwell Banker agent to request more information.

