- $2,749,000
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.
Address
Open on Google Maps-
Address: 8th
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City: Pompano Beach
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State/county: Broward
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Zip/Postal Code: 33060
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Area: Pompano Beach
Details
Updated on August 4, 2026 at 2:53 am-
Property ID A12064356
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Price $2,749,000
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Land Area 0.32 Sq Ft
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Year Built 1973
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Type Multi Family
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Property Status Commercial Sale
Additional details
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BuildingAreaTotal 8377
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BusinessType Other
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CLIP 3103396574
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ConstructionMaterials Block
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ContractStatusChangeDate 2026-08-03
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Cooling Central Air
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CumulativeDaysOnMarket 0
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CurrentPrice 2749000
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DaysOnMarket 0
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DaysOnMarketReplication 0
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DaysOnMarketReplicationDate 2026-08-03
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DaysOnMarketReplicationIncreasingYN 1
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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.
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DocumentsAvailable Aerial
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DocumentsCount 0
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Flooring Vinyl
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GrossScheduledIncome 24000
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Heating Central, Individual
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR Miami REALTORS
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ListAgentAOR Miami Association of REALTORS
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ListAgentDirectPhone 954-646-5677
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ListAgentEmail info@canvasre.com
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ListAgentFirstName Ernesto
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ListAgentFullName Ernesto Vega
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ListAgentKey 26786136
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ListAgentKeyNumeric 26786136
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ListAgentLastName Vega
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ListAgentMlsId SEF3430626
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ListAgentNationalAssociationId 279505181
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ListAgentOfficePhone 954-332-7121
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ListAgentPreferredPhone 954-646-5677
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ListAgentStateLicense 0648713
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ListOfficeAOR Miami Association of REALTORS
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ListOfficeEmail info@canvasre.com
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ListOfficeKey 5904043
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ListOfficeKeyNumeric 5904043
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ListOfficeMlsId SEFCREE01
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ListOfficeName Canvas Real Estate
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ListOfficePhone 954-332-7121
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2026-08-03
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ListingKey 1178776500
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ListingKeyNumeric 1178776500
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ListingTerms Cash, Conventional
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LotFeatures City Lot, 1/4 to 1/2 Acre Lot
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LotSizeArea 14148
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MLSAreaMajor 3423
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MajorChangeTimestamp August 3, 2026 at 12:00am
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MajorChangeType New Listing
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MapCoordinateSource Imported
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp August 4, 2026 at 12:09am
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OccupantType Tenant
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OnMarketDate 2026-08-03
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OnMarketTimestamp 2026-08-03T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-08-03T20:07:40.010-00:00
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OriginalEntryTimestamp August 3, 2026 at 02:47pm
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OriginalListPrice 2749000
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OriginatingSystemID M00000151
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OriginatingSystemKey 632417819
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OriginatingSystemListAgentMemberKey 1197195
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OriginatingSystemListOfficeKey 1252275
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OriginatingSystemModificationTimestamp 2026-08-03T20:07:40.010-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_MIAMI
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ParcelNumber 484235000440
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ParkingFeatures Assigned, Guest
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ParkingTotal 12
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Permission IDX
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PhotosChangeTimestamp August 4, 2026 at 12:09am
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PhotosCount 54
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PostalCity Pompano Beach
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PostalCode 33060
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PostalCodePlus4 5854
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PropertySubTypeAdditional Multi Family
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RoadFrontageType City Street
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Roof Shingle
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Sewer Public Sewer
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SourceSystemID TRESTLE
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SourceSystemKey 1178776500
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SourceSystemName flexmls
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StateOrProvince FL
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StatusChangeTimestamp August 3, 2026 at 12:00am
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StreetDirPrefix NW
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StreetName 8th
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StreetNumber 940
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StreetNumberNumeric 940
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StreetSuffix Avenue
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TaxAnnualAmount 28693
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TaxLegalDescription 35-48-42 E 141.65 OF E1/2 OF SW1/4 OF SW1/4 OF NW1/4 LESS N 25 & LESS S 541
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TaxYear 2025
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UniversalPropertyId US-12011-N-484235000440-R-N
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VideosChangeTimestamp 2026-08-04T00:09:54.000-00:00
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VideosCount 0
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WaterSource Public
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Zoning RM-20
Features
Overview
- Multi Family
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