$885,000
Pompano Beach, FL 33060
MLS# A12103050
2849 sqft
1 / 27
Property Description
Fausto Commercial is proud to present this extraordinary investment opportunity! Renovated 4-plex in Pompano Beach featuring four 2BR/1BA units, with 3 of the 4 units currently on a month-to-month basis, providing an investor with the flexibility to immediately reposition rents toward current market value. The property offers an attractive projected gross rental income of $94,800+ annually. Units include updated kitchens and baths, modern flooring, upgraded fixtures, and central A/C, offering turnkey appeal. Ideally located near beaches, downtown Pompano, major highways, and transit, with significant redevelopment and large-scale mixed-use projects driving growth and demand throughout Pompano Beach. Excellent opportunity for investors seeking stable income, immediate rental upside, and long-term appreciation in a rapidly growing South Florida market! Don't miss this opportunity!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-10-08
Status: Active
Original List Price: 885000
List Price: $885,000
Current Price: $885,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Pompano Beach
Postal Zip: 33060
Geographic Area: NDIX - North Broward Us1 To Dixie Hwy (3311-3342)
Subdivision Number: 3
Flood Zone: AE
Country: United States
Street Number: 240
Street Direction Prefix: SE
Street Name: 9th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33060
Postal Code +4: 7360
Subdivision Name: OCEAN DRIVE ESTATES
Area: 3341
Elementary School: McNab
Middle Or Junior School: Pompano Beach
High School: Blanche Ely
Parcel Number: 494201031081
Zoning: RM-20
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 2849
Living Area Main: 2849
Parking Total: 10
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 2849
Year Built: 1972
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 14138
Tax Year: 2025
Tax Legal Description: OCEAN DRIVE ESTATES 8-2 B LOT 11 & ABAND E 2 1/2 OF ST LYING W OF SAID LOT BLK 7
Office/Member Information
DXORIGMLSID: SEF
Flooring
Other: 1
Documents Available
Copy Of Lease(s): 1
Other Available Information: 1
Rent Rolls: 1
Structure Type
Multi Family: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Other: 1
Construction Materials
Block: 1
CBS: 1
Other: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Other: 1
Roof
Tar/Gravel: 1
Other: 1
Income and Expenses
Gross Income: 94800
Total Expenses: 27600
Net Operating Income: 67200
Cooling
Central Air: 1
Other: 1
Showing Requirements
Call Listing Agent: 1
Tax Information
Tax Reflects No Exemptions: 1
Unit 1 Details
Actual Rent: 1950
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Parking Features
Parking Space: 1
Unit 2 Details
Actual Rent: 1700
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Parking Features
Parking Space: 1
Unit 3 Details
Actual Rent: 1950
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Parking Features
Parking Space: 1
Unit 4 Details
Actual Rent: 1950
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 4 Lease Description
Lease Term: Month To Month
Unit 4 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 310.63
Section Details
Parcel Number MLX: 1081
Status Change Information
Major Change Timestamp: 2026-10-08T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-08
Originating Details
Originating System Key: 566198005
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Other Available Information; Rent Rolls
Flooring: Other
Structure Type: Multi Family
Construction Materials: Block; CBS; Other
Cooling: Central Air; Other
Heating: Central; Separate Meters; Other
Listing Terms: Cash; Conventional; FHA; Other
Possession: Close Of Escrow; Negotiable
Roof: Tar/Gravel; Other
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Showing Requirements: Call Listing Agent
Unit 1 Parking Features: Parking Space
Unit 2 Parking Features: Parking Space
Unit 3 Parking Features: Parking Space
Unit 4 Parking Features: Parking Space
Listing Office: Fausto Commercial Realty Consultants Inc
Last Updated: October - 08 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
