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$2,499,900

  • For Sale
  • Under Contract
  • Multi-Family
  • 8 Units
  • Updated 13 days ago
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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 for 513 S Ocean Blvd

General

  • Price: $2,499,900
  • Taxes: $32,142 (2024)
  • Status: Under Contract
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: RX-11116550
  • Updated: 1/5/2026
  • Added to Site: 157 day(s) ago

Interior

  • Flooring: Tile

Additional Information

  • Maint. Includes: None

Exterior

  • Exterior Features: None

Location

  • Area: 3121
  • 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 Features: Common Laundry, Park, Sidewalks
  • Home Owners Assn.: None

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Utilities

  • Utility Description: Electric, Public Water, Public Sewer, Cable
  • Sep. Elec Meters: Yes

Structural Information

  • Architectural Style: Duplex/Triplex/Quad
  • Description/Design: Quad Plex
  • Construction: CBS
  • Roof: Built-Up
  • Stories in Building: 2
  • Square Feet: 5,872
  • Sq. Ft. Source: Tax Rolls
  • Year Built: 1972

Unit Information

Unit 1

  • Unit Description: Range - Electric, Patio, Kitchen, Split Bedrooms, Electric Meter, A/C Unit, Refrigerator
  • Square Feet: 900
  • Bedrooms: 4
  • Parking: Space Parking

Unit 2

  • Unit Description: Range - Electric, Kitchen, Electric Meter, A/C Unit, Refrigerator
  • Square Feet: 550
  • Bedrooms: 2
  • Parking: Space Parking

Unit 3

  • Unit Description: Range - Electric, Kitchen, A/C Unit, Refrigerator
  • Square Feet: 550
  • Bedrooms: 2
  • Parking: Space Parking

Unit 4

  • Unit Description: A/C Unit, Patio, Split Bedrooms, Refrigerator, Range - Electric, Kitchen, Electric Meter
  • Square Feet: 900
  • Bedrooms: 4
  • Parking: Space Parking

Lot Features

  • Property View: Garden
  • Lot Size (Sq. Ft.): 8,318
  • Zoning: AOD

Water Features

  • Water Front Desc.: Ocean Access, None

Financial Considerations

  • Price Per Sq. Ft.: $425.73
  • Tax Amount: $32,142
  • Tax Year: 2024
  • Terms: Cash, Conventional
  • Tenant Pays: None

Disclosures and Reports

  • Legal Description: BLOUNT BROS POMPANO BEACH SUB 2-43 B LOT 4 LESS PT DESC IN OR 13100/158 BLK 12
  • Restrictions: Other
  • APN: 494306061150

Listed by Open Market Residential LLC

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Listing agent

— 513 S Ocean Blvd —

  • Open Market Residential LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 513 S Ocean Blvd

School District:Broward County School District
NameGradesDistance
Mcnab Elementary School
1350 Southeast 9th Avenue, Pompano Beach, FL 33060
K-51.5 mi
Pompano Beach Middle School
310 Northeast 6th Street, Pompano Beach, FL 33060
6-81.9 mi
Blanche Ely High School
1201 Northwest 6th Avenue, Pompano Beach, FL 33060
9-122.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 513 S Ocean Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/12/2025
Price Reduced
$2,499,900
-7.41%
MLS
8/15/2025
Listed
$2,699,900
255.25%
MLS
7/25/2003
Sold
$760,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 513 S Ocean Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$32,142
—
$1,487,910
—
2024
$32,142
9%
$1,488,080
16%
2023
$29,463
2%
$1,287,170
-2%
2021
$28,927
-1%
$1,315,070
-4%
2022
$29,176
1%
$1,368,090
49%
2021
$28,927
36%
$918,840
-4%
2019
$21,256
-18%
$952,330
-16%
2018
$25,980
14%
$1,138,770
-3%
2017
$22,792
10%
$1,177,240
15%
2016
$20,636
9%
$1,023,500
20%
2015
$18,943
55%
$855,590
61%
2014
$12,211
5%
$530,540
7%
2013
$11,661
—
$495,980
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Open Market Residential LLC

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2320 SE 8th Ct  Pompano Beach, FL 33062

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513 S Ocean Boulevard, Pompano Beach, FL 33062 (MLS# RX-11116550) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 513 S Ocean Boulevard is currently listed for $2,499,900 and was received on August 15, 2025. 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.

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