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Homes for sale in Pompano Beach
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.