3405 Norfolk St, Pompano Beach, FL 33062 — MLS photo

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3405 Norfolk St, Pompano Beach, FL 33062

Active · Quadruplex

$1,999,000

3405 Norfolk St, Pompano Beach, FL 33062

Beds
—
Baths
0
Living area
4,032 sq ft
$ / sq ft
$496/sq ft
Year built
1977
Lot size
—
HOA fee
—
Annual tax
—

About this property

Prime beachside investment opportunity in exclusive Hillsboro Shores, just east of A1A.This fully renovated fourplex features four spacious 2BR/2BA units, each with private laundry, patio space, and separate electric meters. Impact windows throughout provide peace of mind, while solar panels power the entire property for enhanced efficiency. Set on a nearly 10,000 SF fenced lot with lush tropical landscaping, the property offers a heated pool, sun deck, and barbecue area with artificial turf—creating a true resort-style atmosphere guests love. Currently operating as a high-performing short-term rental with 5-star reviews and reservations in place, this turnkey opportunity comes fully furnished and equipped. All required short-term rental licenses are active and ready to continue operations immediately. Concrete block construction, shingle roof, central A/C, auto sprinkler system, and six parking spaces add to the property’s strong fundamentals. Whether you’re seeking consistent cash flow, a vacation rental portfolio addition, or a long-term hold in one of Broward’s most desirable beachside communities, this property delivers location, upgrades, and income potential in one package. Minutes from dining, shopping, and the sand—beach living that guests return to year after year.

Property location

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3405 Norfolk St, Pompano Beach, FL 33062

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Facts & features

Interior

Bathrooms
0
Living area
4,032 sq ft

Exterior & Structure

Property type
Quadruplex
Year built
1977

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
A11970507
Listing status
Active

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Estimated monthly cash flow

-$2,328

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-5.0%
Gross yield
7.7%
Mortgage payment
$9,476/mo
Down payment
$499,750
Loan amount
$1,499,250
Annual NOI
$85,780

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.