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700 SW 8th Street, Pompano Beach, FL 33060

$575,000
  • 700 SW 8th Street, Pompano Beach, FL 33060 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET1,872 MLS#B26041945
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFAIRVIEW AMENDED PLAT

Property Description

Don't miss this rare opportunity to acquire a duplex on a .3663-acre R-20 multifamily-zoned lot in the heart of Pompano Beach. The property consists of 2 separate 3-bed, 1-bath buildings connected by a covered breezeway/carport & is currently occupied by long-term month to month tenants paying below-market rents. This is an ideal value-add opportunity for experienced investors seeking to increase cash flow through renovation & future rent growth. Property requires substantial renovation, including kitchens, bathrooms, flooring, windows, HVAC systems, other deferred maintenance. The oversized lot offers future redevelopment potential with zoning allowing multifamily density of up to 8 units. Close to I-95 & less than 4 miles from the Pompano Beach Pier. Sellers welcome all serious Offers.

700 SW 8th Street | MLS# B26041945

This multi-family property located at 700 SW 8th Street, Pompano Beach, FL 33060 is currently listed for sale with an asking price of $575,000. Search Pompano Beach real estate on www.realty100.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric, Wall/Window Unit(s)
Heating: None
Lot Size: 0.37 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $5,803
Year Built: 1950

Amenities

Courtyard
Garden

Feature Descriptions

Days on Site: 2
Exterior: Stucco, CBS
Fencing: Back Yard, Chain Link, Perimeter
Flooring: Concrete
Laundry: Common Area, Laundry Room
Lot: Room for Pool, Oversized Lot
Lot: Room for Pool, Oversized Lot
Parcel#: 494202031020
Patio/Porch: Patio - Covered, Patio - Open, Porch - Open, Patio, Porch
Pets Allowed: Yes, No Restrictions
Restrictions: No Restrictions
Sewer: Public Sewer
Special View Info: Garden
Sprinkler: None
SQFT Living: 1872
Structure Type: Duplex
Units: 2
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
Water: Public
Windows: Single Hung Metal

Local Schools

High School: Blanche Ely
Middle School: Pompano Beach
Elementary School: Cypress

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Consultants
Agency Phone: 954-688-5400

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 1,930.99 per month $1,279.70 Principal & Interest $483.58 Property Tax $167.71 Homeowner's Insurance

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