940 8th Ave ,Other Building Type, Residential-multi-family for Sale & Rent

940 8th Ave for Sale & Rent

Price $2,749,000.00

• Lot size 14148
• Year Build 1973
• Waterfront
• Zip 33060
• Style
• Parking Description Assigned, Guest
• Pool Yes
• Status Active

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.

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

City Location, Near Airport

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.

City:Pompano Beach,Zoning:RM-20,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:26.24008,Cooling Y N:1,Heating Y N:1,List Price:2749000,Listing Id:A12064356,Longitude:-80.1332338,Mls Status:Active,Year Built:1973,Directions:From I-95, take Exit 36 and head east on Atlantic Blvd, then turn north (left) onto NW 8th Ave to the 900 block. Property at 940 NW 8th Ave, just west of downtown Pompano and the CRA redevelopment district.,Inclusions:Leases, Leases,Postal Code:33060,Street Name:8th Ave,Coordinates:1:26.24008,Lot Features:1:Near Airport,Photos Count:27,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:3425,On Market Date:2026-08-03,Parcel Number:484235000440,Parking Total:12,Property Type:Commercial Sale,Street Number:940,Public Remarks: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.,County Or Parish:Broward County,Expiration Date:2027-01-21,List Office Name:Canvas Real Estate,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Guest,Postal Code Plus4:5854,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:28693,Unparsed Address:940 NW 8th Ave, Pompano Beach FL 33060,Listing Agreement:Exclusive Right To Sell,Year Built Details:Unknown,Building Area Total:8377,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:14148,M I A M I R E_ Flood Zone:AH,X,Original List Price:2749000,Public Survey Range:48,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2026-08-03,Originating System I D:miamire,Public Survey Section:35,Showing Instructions:Call Listing Agent,Street Number Numeric:940,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,Gross Scheduled Income:24000,M I A M I R E_ Current Price:2749000,Public Survey Township:48,Construction Materials:1:CBS Construction,M I A M I R E_ Total Mortgage:1450000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:Fully renovated, 100%-leased 10-unit multifamily in Pompano Beach. All 2BR/1BA, turnkey, no deferred maintenance. $2,749,000, 6.87% pro forma cap.,M I A M I R E_ Parcel Number M L X:0440,M I A M I R E_ Street View Param:1$26.240106$-80.133262$108.04$13.33$1.00$jKmc5iJeO06pnOHD7e4MPw,Contract Status Change Date:2026-08-03,Internet Address Display Y N:1,Number Of Units In Community:10,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Acreage Description:1/4+ To 1/2 Acre,M I A M I R E_ Agent Alternate Phone:954-646-5677,M I A M I R E_ Occupancy Percentage:100,M I A M I R E_ Improvement Height C O M:2 Stories,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:940 NW 8th Ave,Internet Automated Valuation Display Y N:1,