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940 NW 8th Ave, Pompano Beach, FL 33060

$2,749,000
  • 940 NW 8th Ave, Pompano Beach, FL 33060 Main Photo

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New to the Market Active
MLS#A12064356
STATUSActive PROPERTY TYPECommercial - Business

Property 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, Floridas Turnpike, and US-1/Federal Highway. Atlantic beaches, Broward College North Campus, and downtown Pompanos CRA redevelopment district are all a short drive away.

940 NW 8th Ave | MLS# A12064356

This commercial property located at 940 NW 8th Ave, Pompano Beach, FL 33060 is currently listed for sale with an asking price of $2,749,000. Search Pompano Beach real estate on www.realty100.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Individual A/C
Heating: Central Individual A/C
Lot Size: 0.32 Acres
Roof Type: Shingle
Taxes: $28,693
Year Built: 1973

Feature Descriptions

Crops Included Y/N: No
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.
Exterior: Concrete Block Construction, CBS Construction
Flooring: Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional/Refinance
Lot: City Location, Near Airport
Parcel#: 484235000440
Parking: Assigned, Guest
Parking Notes: Assigned, Guest
Property Attached Y/N: No
Property Sub-Type: Income/MultiFamily
Sewer: Public Sanitation
Water: Public
Window: Clear Impact Glass

Listed By / Shown By

Listed By

Agency Name: Canvas Real Estate
Agency Phone: 954-332-7121

Shown By

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

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