Ocean Drive Estates Homes for Sale

Ocean Drive Estates is a residential community in Pompano Beach, Florida.

Pure Equity Realty covers Ocean Drive Estates and the Pompano Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 7 Ocean Drive Estates Pompano Beach homes for sale as of October 2026. The median asking price is $165,000. Asking prices run from $120,000 to $1.1M.

That is 55% below the Pompano Beach median of $365,000. On a per-foot basis, homes here ask about $269 per square foot, compared with $314 across Pompano Beach. So the median price buys roughly 600 square feet of living area.

Listings here have averaged 100 days on the market. That is faster than the Pompano Beach average of 138 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Ocean Drive Estates date from 1969 to 2007. That puts them between 19 and 57 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Ocean Drive Estates is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Ocean Drive Estates have a median asking rent of $1,650 per month, across 7 active rental listings. For comparison, the Pompano Beach median is $2,500, so rents here run 34% lower.

For investors, those medians imply a gross yield near 12.0% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Pompano Beach rentals or ask us for a rent estimate on a specific Ocean Drive Estates home.

Here is what the median Ocean Drive Estates price means in Florida closing terms. At $165,000, a 20% down payment comes to about $33,000, leaving a loan near $132,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $462. Next, the intangible tax of 0.2% adds about $264. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Ocean Drive Estates median, that is about $1,154.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Ocean Drive Estates listings show assignments to McNab (elementary), Pompano Beach (middle) and Blanche Ely (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.