Waves Vacation Rentals

Ethan Krauss and Joseph Thomas of The Thomas-Team of Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale Waves Vacation Rentals, an 18-room short-term rental property located in Pompano Beach, Florida.

SUBJECT PROPERTY

Waves Vacation Rentals is comprised of one two-story building totaling 8,663 square feet of living area and encompassing a 15,000 square-foot lot, according to the Broward County Property Appraiser. The property is legally constructed of 22 rooms, however, is currently operating as 18. Originally constructed in 1967, the property was significantly renovated in 2024. The building is constructed of concrete block with painted stucco and has a flat roof. The unit mix consists of (6) studios with kitchenettes, (8) large studios with full kitchens, (1) two-bedroom | one-bathroom apartment and (3) two-bedroom | two-bathroom apartments. The units feature a modern and minimalist design with updated kitchens and bathrooms, tile or wood plank flooring, and central air conditioning. Some units include full-sized kitchen appliances, including a stove, oven, and refrigerator. Waves Vacation Rentals offers on-site laundry facilities and a gated swimming pool for residents and guests.

LOCATION

Waves Vacation Rentals is located at 3215 NE 7th Street, situated between State Road A1A and N Riverside Drive on NE 7th Street. This prime location is within walking distance of the beach and the Pompano Beach Fishing Village. The property offers easy access to major thoroughfares, including State Road A1A and East Atlantic Boulevard, connecting to all major points of interest throughout Broward County.

The Pompano Beach Fishing Village is a short walk (0.6 miles) from the property and provides a vibrant, six-acre beachfront destination anchored by the Pompano Beach Fisher Family Pier. It offers a walkable tropical oasis with a variety of restaurants, shops, and a beautiful beachfront promenade for leisurely strolls, biking, or playing beach volleyball. Popular dining options within the village include Beach House, Oceanic, Baresco, Lucky Fish, How You Brewin Coffee Company and BurgerFi. The pier is a top local attraction for fishing, sightseeing, and enjoying ocean views. The area’s revitalization efforts have made it a hub for entertainment, dining, and shopping.

Nearby points of interest include How You Brewin Coffee Company (0.6 miles), Aromas Del Peru (0.9 miles), Walgreens Pharmacy (0.9 miles), Briny Irish Pub (1.0 miles), Publix Super Market at Pompano Shopping Center (1.3 miles), Pompano Beach Citi Center (1.8 miles), and Pompano Beach Golf Shop (1.9 miles). Additionally, just a short drive from the property are LA Fitness (2.0 miles), Pompano Beach Dog Park (2.0 miles), ALDI (2.1 miles), Chick-fil-A (2.1 miles), Pompano Beach Amphitheater (2.3 miles), Pompano Beach Aquatic Center/Tennis Center (2.4 miles), and Whole Foods (2.4 miles).

Nearby educational facilities include Pompano Beach Elementary School (2.6 miles), Pompano Beach Middle School (3.0 miles), Blanche Ely High School (4.3 miles) and Westminster Academy (4.1 miles).

SUMMARY

Waves Vacation Rentals is being offered for sale at an asking price of $4,200,000 or $233,333 per room.