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Pompano Beach Fourplex Near Beach
For Sale
$1,449,000

213 Hibiscus Ave, Pompano Beach, FL 33062

Fourplex near the beach with recent upgrades and income potential.

Property Size2,055 SF
Days on Market142

Property Features for 213 Hibiscus Ave

General Information

Standard status Active
Size 2,055 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $20,343

Building Details

Building Size 2,055 SF
Year Built 1951
Stories 1
Units 4
Listing Agency: Balistreri Real Estate
Listed By: Rafael Monterrey · License #380986
Source: Elliman
Added: Apr 24 Changed: Aug 27 Last Checked: Sep 12 at 8:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Balistreri Real Estate

Investment Insights

Based on property information with market context.

This fourplex property is located steps from the beach, between the Intracoastal Waterway and the ocean, and near the revitalized Pompano Beach Pier, which features restaurants, bars, shopping, and attractions. The property has undergone over $250,000 in recent upgrades, including interior unit improvements. It presents an investment opportunity for those interested in hospitality or expanding their existing portfolio. The location benefits from the city's tourism industry, supported by $250 million in public funds allocated to city-wide infrastructure, beach improvements, and CRA projects, which have triggered over $330 million in private investment permits. The property has a bike score of 59, indicating it is bikeable, a walk score of 74, indicating it is very walkable, and a transit score of 32, indicating some transit options are available.

Key Highlights

  • Steps from the beach and Pompano Beach Pier, with restaurants, bars, and shopping.
  • Income‑generating 4‑plex unit.
  • $250,000 in recent upgrades** to the property and interior units.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,834
Businesses Nearby

Demographics for 33062, FL

25,293
Population
23,059
Households
1.1
Avg Household Size
60
Median Age
48%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
6,485
Density / Sq Mi
$82,955
Median Household Income
$56,828
Median Earnings
$1,888
Median Rent
$511,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex near the beach with recent upgrades and income potential.
Where is this quadplex located?
The property is located at 213 Hibiscus Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Steps from the beach and Pompano Beach Pier, with restaurants, bars, and shopping.; Income‑generating 4‑plex unit.; $250,000 in recent upgrades** to the property and interior units.
More about this property
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