$2,749,000
 $14,757 est/mo Sourced by Back At You

940 NW 8th Avenue,Pompano Beach, FL 33060

Pompano Beach, FL 33060

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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.

Details

MLS #A12064356
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1973
Days On Site89
Listing Provided ByCanvas Real Estate | Ernesto Vega

Features

SQ Feet8,377
ZoningRM-20
Acreage0.32

Exterior

Lot FeaturesCity Lot, Quarter To Half Acre Lot

Parking

Parking FeaturesAssigned, Guest

Taxes

Tax Annual Amount28693

Area Information

StateFL
CountyBroward
CityPompano Beach
Zip Code33060
Area3423
SubareaNTPK N Broward Dixie Hwy To Turnpike (3411 3432;3531)
Listing VS Median (in 33060)
Price:
$2,749,000
low | high
Med:
$174,900
100% of Average
sqft:
8,377
low | high
Med:
870
100% of Average
$ / sqft:
$328
low | high
Med:
$201
88.738964639179% of Average
On site:
89
low | high
Med:
160
55.625% of Average
Sourced by Back At You

Market Activity 33060

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Learn More About This Property

StateFL
CountyBroward
CityPompano Beach
Zip Code33060
Area3423
SubareaNTPK N Broward Dixie Hwy To Turnpike (3411 3432;3531)
Listing VS Median (in 33060)
Price:
$2,749,000
low | high
Med:
$174,900
100% of Average
sqft:
8,377
low | high
Med:
870
100% of Average
$ / sqft:
$328
low | high
Med:
$201
88.738964639179% of Average
On site:
89
low | high
Med:
160
55.625% of Average
Sourced by Back At You
Listing Updated: October 30, 2026 at 2:17:13 PM PDT