Virtual TourMap

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

$12M$4.6M
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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

  1. Listing updated with changes from the MLS®
  2. Price changed to $2,550,000
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

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Listing courtesy of Canvas Real Estate (954) 646-5677

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-15 11:57 AM EST

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