Active For Sale
940 NW8thAvenue, Pompano Beach, FL 33060
940 NW 8th Avenue, Pompano Beach, FL 33060
  • $2,550,000
  • $2,749,000

Overview

Property ID: HZA12064356
  • Multi Family, Commercial Sale
  • Property Type
  • 8377
  • Sqft
  • 1973
  • Year Built

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, 550, 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.

  • Address 940 NW 8th Avenue
  • City Pompano Beach
  • State/county FL
  • Zip/Postal Code 33060
  • Area Broward

Details

Updated on November 10, 2026 at 4:06 pm
  • Property ID: HZA12064356
  • Price: $2,550,000
  • Property Size: 8377 Sqft
  • Land Area: 0.32 Acres
  • Garage Size: x x
  • Year Built: 1973
  • Property Type: Multi Family, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash, Conventional
  • Roof: Shingle
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central, Individual
  • Flooring: Vinyl
  • County: Broward
  • Property Type: Commercial Sale
  • Parking: Assigned, Guest

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