Homes for sale in Pompano Beach
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Income/MultiFamily
940 NW 8th Ave
Pompano Beach, FL 33060
$2,749,000
- Year built
- 1973
Listing courtesy of Ernesto Vega, Canvas Real Estate
About this home
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.
Details
Property
- Type
- Income/MultiFamily
- Year built
- 1973
- Lot size
- 14,148 sq ft
- County
- Broward County
- Flood zone
- AH,X
Interior
- Flooring
- Vinyl
- Cooling
- Central Individual A/C
- Heating
- Central Individual A/C
Exterior and parking
- Parking
- Assigned, Guest
- Construction
- Concrete Block Construction, CBS Construction
- Roof
- Shingle
Community and fees
- Annual taxes
- $28,693
- Terms
- All Cash, Conventional/Refinance
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated August 5, 2026.