700 SW 8th Street, Pompano Beach, FL 33060

About 700 SW 8th Street, Pompano Beach, FL 33060

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.

How This Listing Compares in Pompano Beach

Per square foot, it is asking 7% below the Pompano Beach median for sales closed over the last twelve months.

Medians from closed MLS sales in Pompano Beach; a starting point, not an appraisal.

Home Features at 700 SW 8th Street, Pompano Beach, FL 33060

Flooring

Concrete

Heating

None

Cooling

Electric, Wall/Window Unit(s)

Architectural Style

Twin Home, Half Duplex, One Story, Twin Homes

Pool Private

No

Year Built Details

Resale

The Building at 700 SW 8th Street, Pompano Beach, FL 33060

Building Area Total

1872

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Pets Allowed

Yes

Lot, Views & Construction at 700 SW 8th Street, Pompano Beach, FL 33060

Lot Features

1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre, Oversized Lot

Lot Size Square Feet

0

Waterfront

No

View

Garden

Construction Materials

CBS Construction, Stucco

Roof

Comp Shingle Roof, Shingle

Exterior Features

Courtyard, Room For Pool

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Taxes & Public Record for 700 SW 8th Street, Pompano Beach, FL 33060

Parcel Number

494202031020

Tax Annual Amount

$5,803

Tax Year

2,025

Tax Legal Description

FAIRVIEW AMENDED PLAT 10-25 B LOT 18,19 BLK 14

Zoning

RM-20

County Or Parish

Broward County

Assigned Schools for 700 SW 8th Street, Pompano Beach, FL 33060

Elementary School

Cypress

Middle School

Pompano B.Middle

High School

Blanche Ely

School assignments are provided by the listing and should be independently verified.

Map & Neighborhood