MIAMI LUXHomes

240 SE 9th Ave, Pompano Beach, FL 33060

$885,000— Beds— Baths2,849 Sq. Ft.$311 / sq. ft.

Pompano Beach, FL 33060 · OCEAN DRIVE ESTATES

Status
Active
Type
Quadruplex
Year Built
1972
Days on Market
0
MLS #
A12103050
County
Broward County

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 homePompano Beach median (12 mo)
Price per sq. ft.$311$299
Days on market061

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

Courtesy of Fausto Commercial Realty Consultants Inc

Comparable Listings in Pompano Beach

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.