940 NW 8th Ave, Pompano Beach, FL 33060
940 NW 8th Ave, Pompano Beach, FL 33060
940 NW 8th Ave, Pompano Beach, FL 33060
940 NW 8th Ave, Pompano Beach, FL 33060
940 NW 8th Ave, Pompano Beach, FL 33060
940 NW 8th Ave, Pompano Beach, FL 33060
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$ 2,749,000
Est. payment | /mo

8,377 SqFt


$ 2,749,000
Est. payment | /mo

8,377 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,377 sqft

Price per Sqft $328

MLS Listing ID A12064356

HOA Y/N No

Year Built 1973

Annual Tax Amount $28,693

Tax Year 2025

Lot Size 0.325 Acres

Property Sub-Type Multi Family

Property Description

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 $2,749,000 ($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.

Location

State FL

County Broward

Area 3425

Direction From I-95, take Exit 36 and head east on Atlantic Blvd, then turn north (left) onto NW 8th Ave to the 900 block. Property at 940 NW 8th Ave, just west of downtown Pompano and the CRA redevelopment district.

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Window Features Impact Glass

Exterior

Roof Type Shingle

Total Parking Spaces 12

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 484235000440

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12064356

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Canvas Real Estate

NEARBY SCHOOL & BUSINESS

David Moliver

+1(239) 202-0582

davidm@venturehomesrealty.com

13081 Sandy Key Bnd #1, North Fort Myers, FL 33903, USA

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940 NW 8th Ave