940 NW 8th AVE, Pompano Beach, FL 33060
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940 NW 8th AVE, Pompano Beach, FL 33060
940 NW 8th AVE, Pompano Beach, FL 33060
940 NW 8th AVE, Pompano Beach, FL 33060
940 NW 8th AVE, Pompano Beach, FL 33060
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Teresa Santana

Teresa Santana

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940 NW 8th AVE Pompano Beach, FL 33060

8,377 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,377 sqft

MLS Listing ID A12064356

HOA Y/N No

Year Built 1973

Annual Tax Amount $28,693

Tax Year 2025

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Multi Family

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, 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.

Location

State FL

County Broward

Area 3423

Direction 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.

Region Pompano Beach

City Region Pompano Beach

Interior

Heating Central, Individual

Cooling Central Air

Flooring Vinyl

Fireplace No

Exterior

Parking Features Assigned, Guest

Water Access Desc Public

Roof Type Shingle

Road Frontage City Street

Total Parking Spaces 12

Building

Lot Description City Lot, 1/4 to 1/2 Acre Lot

Sewer Public Sewer

Water Public

Others

Pets Allowed No

Tax ID 484235000440

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12064356

BeachesMLS, Inc. (FLR) VOW
Listed by Ernesto Vega Canvas Real Estate

NEARBY SCHOOLS & PROPERTIES

Teresa Santana

Teresa Santana

CEO

+1(954) 873-1586

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940 NW 8th AVE

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