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    FOR SALE
    Small apartment buildings

    3405 Norfolk St, Pompano Beach, FL 33062

    Built 1976
    Entity Owned 1-yr Hold
    Property ID
    US18-0264209
    3405 Norfolk St, Pompano Beach, FL 33062 For Sale 1 / 66
    $2,200,000
    3405 Norfolk St, Pompano Beach, FL 33062
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    Property summary
    AI-generated overview

    This exceptional fourplex in desirable Hillsboro Shores, Pompano Beach, Florida, presents a lucrative investment opportunity. Located east of A1A, this 1-story, 1976-built property boasts four units, each featuring two bedrooms and two bathrooms, private laundry, and a patio. The meticulously landscaped, fenced property includes a heated pool, patio, and barbecue areas, enhancing its appeal to renters. All units have undergone complete renovations, incorporating impact windows and doors for enhanced security and energy efficiency. The entire complex operates on solar power, minimizing operating costs and maximizing environmental responsibility. Currently generating income as a short-term rental, the property enjoys a full booking schedule through May 2025, with all units receiving five-star reviews. The property is fully furnished and equipped to meet all guest needs, and all necessary short-term rental licenses are in place. A private beach membership is also available. The asking price for this turnkey investment is $2,400,000. Located at 3405 Norfolk St, Pompano Beach, FL 33062, this property offers a unique blend of location, amenities, and income potential. This is a rare opportunity to acquire a high-performing, well-maintained multifamily property in a highly sought-after area.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1976
    UPID US18-0264209
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Days by the Sea Hotel & Motel
    1 occupant on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Florida Investment Group 300 LLC · 1 yrs held
    Florida Investment Group 300 LLC
    since 2025
    5 recorded transactions
    2025
    —
    2021
    $1.6M
    2019
    $1.3M
    2017
    —
    2017
    $917,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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