940 NW 8th Ave Pompano Beach FL 33060 MLS #A12064356

940 NW 8th Ave
Pompano Beach, FL, 33060
$2,749,000
Beds
0 Baths
0 SqFt
0 Acres
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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

Price:
$2,749,000
MLS #:
A12064356
Status:
Active
Beds:
0
Baths:
0
Address:
940 NW 8th Ave
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Pompano Beach
Listed Date:
Aug 3, 2026
State:
FL
Total Sq Ft:
8,377
ZIP:
33060
Year Built:
1973
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Schools

Interior

Cooling
Central Individual A/ C
Flooring
Vinyl
Heating
Central Individual A/ C

Exterior

Construction Materials
Concrete Block Construction, C B S Construction
Parking Features
Assigned, Guest
Parking Spots
12
Roof
Shingle

Financial

Tax Year
2025
Taxes
$28,693

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Community

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