20-Unit Pompano Beach Apartment Complex Hits Market East of Federal Highway

Lucía Torres · 2026-10-30

Pompano Beach has been playing catch-up with its neighbors, and it's finally having its moment. Downtown is getting a new civic core, the beachfront has welcomed luxury hotels, and the streets east of Federal Highway—long a sleepy grid of mid-century apartments and single-family homes—have become some of the most coveted rental turf in northern Broward County. Buildings there don't come to market often, and when they do, they're usually small. 2275 NE 12th Street is not small. This twenty-unit apartment community sits on two contiguous parcels east of Federal Highway, just minutes from the beach and the Intracoastal, and it's offered at $4,750,000. The listing calls it stabilized, with rents in place and a clear path to raising them. For an investor hunting for scale in a coastal submarket that rarely offers it, this is the kind of file worth opening. ### Two Buildings, Twenty Units The property is laid out as two two-story concrete block buildings, constructed in 1958 and arranged around a shared parking area and courtyard. Together they hold twenty apartments: eighteen one-bedroom and two two-bedroom units, totaling 11,165 square feet of building area per the MLS record. The parcels beneath them add up to 18,112 square feet, or about 0.42 acres, and the site is zoned RM-20 by the City of Pompano Beach. Exterior walkways serve the upper floors, parking is common and on grade, and the buildings are set back from the street behind mature palms and low hedging. The roofs are composition. Electricity, sewer, and water are all connected, and the units are heated and cooled with window and wall units plus ceiling fans—keeping mechanical systems simple and each apartment's utility use separate. ### Inside the Units: A Renovation Story The units photographed for the listing show two generations of finish. Some still have white tile floors, white walls, and the original compact kitchens; others have been updated with wood-look plank flooring, stainless refrigerators, new cabinetry, and refreshed baths. That mix tells the renovation story in a single building: the updated units show what the rest can become, and the unrenovated ones are where the remaining upside sits. > "The updated units show what the rest can become, and the unrenovated ones are where the remaining upside sits." ### The Rent Roll and the Upside The listing describes the property as stabilized, meaning rents are in place and there's a clear path to raising them. With a mix of renovated and original units, an investor can push rents as leases turn over and units are upgraded. The location—east of Federal Highway and close to the beach—supports that strategy. As the listing remarks put it: the location delivers the beach and the water without the added price of a barrier-island address. ### Location: Beach Access Without the Barrier-Island Premium Sitting in the 33062 zip code, the property is on the mainland side of the Intracoastal but close enough that the barrier island is a short drive, not a commute. That means residents get easy access to the beach and water without paying the premium of a barrier-island address. It's a sweet spot that appeals to renters and investors alike. For more information on this listing, contact the listing agent. And if you're eyeing similar opportunities in Pompano Beach, keep an eye on the streets east of Federal Highway—they don't stay on the market for long.