About This Home
This 6-bedroom, 0-bathroom multi-family at 700 SW 8th Street in Pompano Beach, FL is listed for $520,000 ($278 per sqft). Built in 1950, the home offers 1,872 sqft of living space on a 0.37 acres lot.
Key Features
- Built in 1950
- 0.37 acre lot
Property Details
Amenities
Don't miss this rare opportunity to acquire a duplex on a .3663-acre R-20 multifamily-zoned lot in the heart of Pompano Beach. The property consists of 2 separate 3-bed, 1-bath buildings connected by a covered breezeway/carport & is currently occupied by long-term month to month tenants paying below-market rents.
This is an ideal value-add opportunity for experienced investors seeking to increase cash flow through renovation & future rent growth. Property requires substantial renovation, including kitchens, bathrooms, flooring, windows, HVAC systems, other deferred maintenance. The oversized lot offers future redevelopment potential with zoning allowing multifamily density of up to 8 units. Close to I-95 & less than 4 miles from the Pompano Beach Pier. Sellers welcome all serious Offers.
Monthly Cost Estimate
$2,781/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
700 SW 8th Street
Pompano Beach, FL 33060
FAIRVIEW AMENDED PLAT
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Cooling
Questions & Answers
This 6-bedroom, 0-bathroom multi-family at 700 SW 8th Street is listed at $520,000 ($278/sqft). The estimated monthly payment is $2,781 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.37 acre lot. Exterior Features: Courtyard, Garden.
This property is listed by Cynthia L Heelan and can be reached at 9542885851.
