About This Home
This 0-bedroom, 0-bathroom commercial at 940 NW 8th Ave in Pompano Beach, FL is listed for $2,749,000. Built in 1973, on a 0.32 acres lot.
Key Features
- Built in 1973
- 0.32 acre lot
- 12 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$14,702/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
940 NW 8th Ave
Pompano Beach, FL 33060
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 940 NW 8th Ave is listed at $2,749,000. The estimated monthly payment is $14,702 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1973, 0.32 acre lot, 12 parking spaces.
This property is listed by Ernesto Vega and can be reached at 9546465677.