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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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940 NW 8th Ave , Pompano Beach, FL 33060
$2,749,000
Est. Payment: $6,108.89/mo
0 Bed
0 Bath
8377 Sqft
Status: Active | Days on site: 2
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CREE01 - 3430626
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Ernesto Vega , 954-646-5677 Canvas Real Estate , 954-332-7121.

Property Type

Commercial Sale
Lot/Acreage
0.32

Year Built

1973

County

Broward

Area

3425

Listing ID

A12064356

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Vinyl
Water:Public

Exterior Features

Garage Capacity:12
Zoning:RM-20
Roof:Shingle
Sewer:Public Sewer
Parking Features:Assigned,Guest
Principal Interest
$6,109
Taxes
$2,391

Home Price

$2,749,000

Loan Details

30 yrs
%

Down Payment

20%
$549,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,108.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,108.89 $2,391.08 $0.00 $8,499.97
Yearly $73,306.67 $28,693.00 $0.00 $101,999.67
Total $2,199,200.00 $860,790.00 $0.00 $3,059,990.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Pompano Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.