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940 8th Ave, Pompano Beach, FL
Offering:
For Sale
Location:
Pompano Beach, FL 33060
Status:
Active
$2,749,000
Deemed reliable but not guaranteed.
Details
Year built:
1973
Lot size:
14,148 sq ft
Parking:
12 spaces
Days on market:
2
Annual tax (2025):
$28,693
Type:
Multi-family
MLS ID
A12064356
Virtual tour:
Listed by:
Canvas Real Estate (CREE01)
Listing office phone:
954-332-7121
Listing office email:
Listing agent:
Ernesto Vega (3430626)
Features
Utilities
Water source:
Public
Sewer:
Public Sewer
Description
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.
Price history
$2,749,000 → $2,749,000
· 1 price changes
Location
940 NW 8th AvePompano Beach, FL 33060
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MLS information
Last updated Aug 5, 2026
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