305 12th Ave ,Quadruplex, Ocean Drive Estates for Sale

305 12th Ave for Sale

Price $1,100,000.00

• Lot size 3825
• Year Build 1986
• Waterfront
• Zip 33060
• Style
• Parking Description
• Pool Yes In Ground
• Status Active

Description

INVESTOR’S DREAM! Unlock the potential of this two-story Pompano Beach fourplex with a pool and a huge VALUE-ADD OPPORTUNITY. The layout, location, and income-producing possibilities make this one worth a hard look. Short-term rental shows a projected gross income of $250,000 and NOI exceeding $150,000. Powerful cash-flowing asset with NO HOA or rental restrictions. Seller will require post-occupancy in one unit as part of the sale. Owner financing available. Bring your contractor, your vision, and your numbers!!!

OCEAN DRIVE ESTATES 8-2 B LOTS 28 BLK 5

Less Than 1/4 Acre Lot

INVESTOR’S DREAM! Unlock the potential of this two-story Pompano Beach fourplex with a pool and a huge VALUE-ADD OPPORTUNITY. The layout, location, and income-producing possibilities make this one worth a hard look. Short-term rental shows a projected gross income of $250,000 and NOI exceeding $150,000. Powerful cash-flowing asset with NO HOA or rental restrictions. Seller will require post-occupancy in one unit as part of the sale. Owner financing available. Bring your contractor, your vision, and your numbers!!!

City:Pompano Beach,Spa Y N:1,Zoning:RD-1,Cooling:1:Wall/Window Unit(s),List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Latitude:26.2289071,Cooling Y N:1,Heating Y N:1,List Price:1100000,Listing Id:A12066709,Longitude:-80.1117848,Mls Status:Active,Year Built:1986,Living Area:3825,Postal Code:33060,Street Name:12th Ave,Coordinates:1:26.2289071,Photos Count:8,Building Name:OCEAN DRIVE ESTATES,Days On Market:3,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:3341,M L S Area Major:Ocean Drive Estates,On Market Date:2026-08-08,Parcel Number:494201030820,Parking Total:5,Property Type:Residential Income,Rent Includes:1:Electricity,2:Gardener,3:Pool Maintenance,4:Sewer,5:Trash Collection,6:Water,Stories Total:2,Street Number:305,M I A M I R E_ Style:Fourplex,Public Remarks:INVESTOR’S DREAM! Unlock the potential of this two-story Pompano Beach fourplex with a pool and a huge VALUE-ADD OPPORTUNITY. The layout, location, and income-producing possibilities make this one worth a hard look. Short-term rental shows a projected gross income of $250,000 and NOI exceeding $150,000. Powerful cash-flowing asset with NO HOA or rental restrictions. Seller will require post-occupancy in one unit as part of the sale. Owner financing available. Bring your contractor, your vision, and your numbers!!!,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2026-11-04,List Office Name:e-Wing Realty, Inc,M I A M I R E_ Pool Y N:1,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:7424,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SE,Subdivision Name:OCEAN DRIVE ESTATES,Tax Annual Amount:5596,Unparsed Address:305 SE 12th Ave, Pompano Beach FL 33060,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:3825,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AE,M I A M I R E_ L P Amt Sq Ft:287.5817,Original List Price:1100000,Public Survey Range:49,Documents Available:1:Deposit - Security,2:Financial Statement,3:Copy Of Lease(S),4:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:4,Syndication Remarks:INVESTOR’S DREAM! Unlock the potential of this two-story Pompano Beach fourplex with a pool and a huge VALUE-ADD OPPORTUNITY. The layout, location, and income-producing possibilities make this one worth a hard look. Short-term rental shows a projected gross income of $250,000 and NOI exceeding $150,000. Powerful cash-flowing asset with NO HOA or rental restrictions. Seller will require post-occupancy in one unit as part of the sale. Owner financing available. Bring your contractor, your vision, and your numbers!!!,Listing Contract Date:2026-08-08,Originating System I D:miamire,Public Survey Section:1,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:305,Tax Legal Description:OCEAN DRIVE ESTATES 8-2 B LOTS 28 BLK 5,M I A M I R E_ Current Price:1100000,Public Survey Township:49,M I A M I R E_ Total Mortgage:450000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:3462,M I A M I R E_ Geographic Area:North Broward Us1 To Dixie Hwy (3311-3342),M I A M I R E_ Internet Remarks:INVESTOR'S DREAM! Unlock the potential of this two-story Pompano Beach fourplex with a pool and a clear VALUE-ADD OPPORTUNITY.,M I A M I R E_ Parcel Number M L X:0820,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$26.228913$-80.111791$214.01$13.33$1.00$SeqSg8UUWJWy4KOx55vwSw,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2026-08-08,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:3,M I A M I R E_ Agent Alternate Phone:484-725-3933,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:305 SE 12th Ave,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:287.58,Internet Automated Valuation Display Y N:1,