940 NW 8th Ave, Pompano Beach FL 33060

Description of 940 NW 8th Ave, Pompano Beach FL 33060

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.

Property Details for 940 NW 8th Ave, Pompano Beach FL 33060

Flooring

Vinyl

Heating

Central Individual A/C

Cooling

Central Individual A/C

Parking Features

Assigned, Guest

Pool Private

No

Year Built Details

Unknown

Building Information for 940 NW 8th Ave, Pompano Beach FL 33060

Building Area Total

8377

Building Area Units

Square Feet

Association

No

Property Information for 940 NW 8th Ave, Pompano Beach FL 33060

Lot Features

City Location, Near Airport

Lot Size Square Feet

14,148

Waterfront

No

View

No

Construction Materials

Concrete Block Construction, CBS Construction

Roof

Shingle

Sewer

Public Sanitation

Water Source

Public

New Construction

No

Public Records for 940 NW 8th Ave, Pompano Beach FL 33060

Parcel Number

484235000440

Tax Annual Amount

$28,693

Tax Year

2,025

Tax Legal Description

35-48-42 E 141.65 OF E1/2 OF SW1/4 OF SW1/4 OF NW1/4 LESS N 25 & LESS S 541

Zoning

RM-20

County Or Parish

Broward County

Location