For SaleMulti FamilyActive
940 NW 8th Ave
Pompano Beach, FL 33060
$2,550,000
103 Days On Site
- 8,377Sq Ft
- $304Per Sq Ft
- 0.3248Acres
- 1973Built
- County
- Broward
- MLS®
- A12064356
Overview
Fully renovated, 100%-occupied 10-unit multifamily in the heart of Pompano Beach, Broward County. Every unit is a spacious 2BR/1BA home delivered in essentially new condition after a comprehensive 2024-2025 gut renovation, with approximately $500,000 invested across all units and the exterior. Truly turnkey and move-in ready: new white-cabinet kitchens with quartz counters and stainless appliances, marble-look tiled baths, luxury vinyl plank flooring, individual mini-split HVAC, and in-unit laundry connections in every unit. Permitted upgrades to electrical, plumbing, and impact windows and doors mean no deferred maintenance and materially reduced near-term capital risk for a buyer. Freshly stuccoed and painted exterior with striped tenant and guest parking. Offered at $2,550,000 ($317/SF, below the Pompano Beach market average), reflecting a 6.87% pro forma cap rate. Ideally positioned along the Gold Coast between Fort Lauderdale and Boca Raton, with quick access to I-95, Florida's Turnpike, and US-1/Federal Highway. Atlantic beaches, Broward College North Campus, and downtown Pompano's CRA redevelopment district are all a short drive away.
Listing Snapshot
- Price
- $2,550,000
- Days On Site
- 103 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 8,377 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.3248 Acres
- Year Built
- 1973
- MLS® Number
- A12064356
- Status
- Active
- Property Tax
- $28,693 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
7 items
- Parking
- Assigned, Guest
- Parking Spaces
- 12
- Property Sub Type
- Multi Family
- Sewer
- Public Sewer
- SqFt Total
- 8,377
- Water Source
- Public
- Zoning
- RM-20
Interior Features
3 items
- Cooling
- Central Air
- Flooring
- Vinyl
- Heating
- Central
Exterior Features
3 items
- Construction Details
- Block, Concrete
- Road Frontage
- City Street
- Roof
- Shingle
Community Features
2 items
- MLS Area
- 3423
- Financing Terms Available
- Cash, Conventional
Location
940 NW 8th Ave, Pompano Beach, FL 33060 · 3423
Neighborhood & Commute
ZIP Code 33060
- Median household income
- $61,751
- Income per person
- $35,306
- Households
- 13,297
- Average household size
- 2.41
- Median age
- 41.6
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $2,550,000
- Listing first seen on site
- Status changed to Active
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