$2,749,000
Pompano Beach, FL 33060
MLS# A12064356
8377 sqft
1 / 27
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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-03
Status: Active
Original List Price: 2749000
List Price: $2,749,000
Current Price: $2,749,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Pompano Beach
Postal Code: 33060
Geographic Area: NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Subdivision Number: 0
Flood Zone: AH,X
Country: United States
Street Number: 940
Street Direction Prefix: NW
Street Name: 8th
Street Suffix: Avenue
State Or Province: FL
Postal Code +4: 5854
Area: 3423
Parcel Number: 484235000440
Zoning: RM-20
Directions: 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.
General Property Information
Occupant Type: Tenant
Lot Size Area: 14148
Property Sub Type: Multi Family
Building Area Main: 8377
Year Built: 1973
Parking Total: 12
Lot Size Acres: 0.32
Office/Member Information
DXORIGMLSID: SEF
Flooring
Vinyl: 1
Parking Features
Assigned: 1
Guest: 1
Documents Available
Aerial Photo(s): 1
Location of Property
City Location: 1
Near Airport: 1
Sewer
Public Sewer: 1
Building and Property Details
Improvement Height: 2 Stories
Business Type
Other: 1
Heating
Central Individual: 1
Sale Includes
Leases: 1
Construction Materials
Block: 1
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
City Street: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Occupancy Percentage: 100
Gross Scheduled Income: 24000
Cooling
Central Individual: 1
Showing Requirements
Call Listing Agent: 1
Price Calculations
Current Price To SqFt: 328.16
Section Details
Parcel Number MLX: 0440
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 28693
Tax Year: 2025
Tax Legal Description: 35-48-42 E 141.65 OF E1/2 OF SW1/4 OF SW1/4 OF NW1/4 LESS N 25 & LESS S 541
Status Change Information
Major Change Timestamp: 2026-08-03T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-03
Originating Details
Originating System Key: 540493229
Originating System ID: M00000151
Property Features
Business Type: Other
Documents Available: Aerial Photo(s)
Flooring: Vinyl
Heating: Central Individual
Location of Property: City Location; Near Airport
Parking Features: Assigned; Guest
Sale Includes: Leases
Construction Materials: Block; CBS
Cooling: Central Individual
Listing Terms: Cash; Conventional
Road Frontage Type: City Street
Roof: Shingle
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Call Listing Agent
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: Canvas Real Estate
Last Updated: August - 04 - 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.
