Marcus & Millichap is pleased to present Santa Barbara Estates, a 10-unit multifamily property located at 2255 SE 5th Street in Pompano Beach, Florida. Built in 1970, the property totals 5,880 square feet on a 0.24-acre lot. The two-story building is constructed of concrete block with a flat built-up roof and features ten one-bedroom/one-bathroom units averaging 580 square feet each.
Ideally positioned in east Pompano Beach, the property is located just minutes from the award-winning Pompano Beach shoreline, the renovated Fisher Family Pier, and the oceanfront Pompano Beach Fishing Village—a vibrant dining, retail, and entertainment destination. Residents benefit from quick access to beachfront parks, walking paths, and the area’s expanding collection of restaurants and boutique offerings.
Santa Barbara Estates stands to benefit from extensive ongoing redevelopment throughout Pompano Beach. Major public and private investments—including new luxury residential towers, large-scale mixed-use projects, and the 6-acre Pier redevelopment—are transforming the area into one of South Florida’s most active coastal growth corridors. Continued demand for renovated apartments, proximity to the beach, and limited supply of small multifamily assets make this a compelling investment in a rapidly evolving submarket.