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Six-Unit Apartment Building
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413 South Ocean Boulevard, Pompano Beach, FL 33062

RM-20 multifamily property with updated building systems and a mix of studio and one-bedroom residences.

Property Size2,460 SF
Lot Size0.17 Acres
Price / SF$691.02
Days on Market7

Property Features for 413 South Ocean Boulevard

General Information

Standard status Active
Size 2,460 SF
Lot size 0.17 Acres
Property subtype Multifamily
Zoning RM-20

Units

Unit Mix 4 x studio, 2 x 1BR/1BA
Multifamily Units 6

Additional Details

Asking Price $1,699,900

Building Details

Year Built 1961
Listing Agency: Open Market CRE LLC
Listed By: Steven Paulsen · License #FL BK3053136
Source: Crexi
Added: Sep 2 Changed: Sep 6 Last Checked: Sep 8 at 8:20AM

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 Open Market CRE LLC

Investment Insights

Based on property information with market context.

This apartment building at 413 South Ocean Boulevard contains 6 units within 2,460 building square feet on a 7,250 square foot lot. The layout includes 4 studios and 2 one-bedroom, one-bathroom units. Originally built in 1961, the property carries a scheduled renovation year of 2026 and is positioned for a substantial capital improvement program.

Planned and completed improvements identified for the asset include new kitchens, bathrooms, and flooring, along with updated electrical service and hurricane impact windows throughout the building. The property is zoned RM-20 and has an active rent roll reflecting both occupied units and vacant opportunities. Located in Pompano Beach, the offering provides a compact multifamily configuration with defined unit types and a documented renovation scope.

Key Highlights

  • 6 units across 2,460 building square feet
  • 4 studios and 2 one‑bedroom, one‑bathroom units
  • 7,250 square foot lot at 413 South Ocean Boulevard

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Barber Shop

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,241
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

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?
Apartment building - RM-20 multifamily property with updated building systems and a mix of studio and one-bedroom residences.
Where is this apartment building located?
The property is located at 413 South Ocean Boulevard Pompano Beach, FL.
What is the asking price?
The asking price for this property is $1,699,900.
What are key features of this property?
This property features: 6 units across 2,460 building square feet; 4 studios and 2 one‑bedroom, one‑bathroom units; 7,250 square foot lot at 413 South Ocean Boulevard
(561) 929-4098 Call to check price and availability
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