
240 SE 9th Ave, Pompano Beach, FL 33060
Pompano Beach, FL 33060 · OCEAN DRIVE ESTATES
About 240 SE 9th Ave, Pompano Beach, FL 33060
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!
How This Listing Compares in Pompano Beach
Per square foot, it is asking 4% above the Pompano Beach median for sales closed over the last twelve months.
| This home | Pompano Beach median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $311 | $299 |
| Days on market | 0 | 61 |
Medians from closed MLS sales in Pompano Beach; a starting point, not an appraisal.
Home Features at 240 SE 9th Ave, Pompano Beach, FL 33060
- Flooring
- Other
- Heating
- Central, Other
- Cooling
- Central Air, Other
- Architectural Style
- Detached
- Pool Private
- No
- Year Built Details
- Effective Year Built
The Building at 240 SE 9th Ave, Pompano Beach, FL 33060
- Building Name
- OCEAN DRIVE ESTATES
- Building Area Total
- 2849
- Building Area Units
- Square Feet
- Stories
- 1
- Stories Total
- 1
- Association
- No
Lot, Views & Construction at 240 SE 9th Ave, Pompano Beach, FL 33060
- Lot Features
- Less Than 1/4 Acre Lot
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- No
- Construction Materials
- Concrete Block Construction, CBS Construction, Other
- Roof
- Other, Tar & Gravel Roof
- Sewer
- Public Sewer
- New Construction
- No
Taxes & Public Record for 240 SE 9th Ave, Pompano Beach, FL 33060
- Parcel Number
- 494201031081
- Tax Annual Amount
- $14,138
- Tax Year
- 2,025
- 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
- Zoning
- RM-20
- County Or Parish
- Broward County
Map & Neighborhood
240 SE 9th Ave, Pompano Beach, FL 33060 · More homes in Pompano Beach
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240 SE 9th Ave, Pompano Beach, FL 33060 at a Glance
Offered for sale in Pompano Beach 33060, 240 SE 9th Ave is a multi-family home with about 2,849 square feet of living space, dating to 1972. The asking price is $885,000, on the market since October 8, 2026, with Fausto Commercial Realty Consultants Inc as the listing brokerage. Public schools are run by the Broward County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.