Property 940 NW 8th Avenue, Pompano Beach, FL 33060 for sale with MLS# A12064356
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.
940 NW 8th Avenue, Pompano Beach, FL 33060
- Price:
- $2,749,000.00
- Original List Price:
- $2,749,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $328.16
- Gross Scheduled Income:
- 24000
- Listing Type:
- For Sale
- Status:
- Active
- Business Type:
- Other
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 3, 2026 4:00 am
- Built-Up Area:
- 8,377 Sqft
- Lot Size Acres:
- 0.32
- Air Conditioning
- Air Conditioning System:
- Central Individual
- Heating
- Heating System:
- Central Individual
- Year Built:
- 1973
- Roof:
- Shingle
- Construction Materials:
- Block, CBS
- Flooring:
- Vinyl
- Road Frontage Type:
- City Street
- Flood Zone Code:
- AH,X
- Tax Annual Amount:
- $28,693.00
- Tax Year:
- 2025
- Parking Total Spaces:
- 12
- Parking Features:
- Assigned, Guest
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Aerial Photo(s)
- Listing Terms Considered by Seller:
- Cash, Conventional
- Tax Legal Description:
- 35-48-42 E 141.65 OF E1/2 OF SW1/4 OF SW1/4 OF NW1/4 LESS N 25 & LESS S 541
- Real Estate Folio Number (Parcel Number):
- 484235000440
- Zoning:
- RM-20
- Active on the market since:
- August 3, 2026
- Listing Agreement executed on:
- August 3, 2026
- Listing Status Last Changed On:
- August 3, 2026 4:00 am
- Photos updated on:
- August 5, 2026 9:06 pm
- Last Modified:
- August 5, 2026 9:07 pm
- Courtesy of:
- Canvas Real Estate
- Attribution:
- Not provided
- Street Name:
- 8th
- Street Number:
- 940
- City:
- Pompano Beach
- State:
- Florida
- Zip Code:
- 33060
- County:
- Broward
- Latitude:
- N26° 14' 24.4''
- Longitude:
- W81° 52' 0.3''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NW

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates