Quadruplex in 240 SE 9th Avenue, Pompano Beach, FL 33060 for sale with MLS# A12103050

Fausto Commercial is proud to present this extraordinary investment opportunity! Renovated 4-plex in Pompano Beach featuring four 2BR/1BA units, with 3 of the 4 units currently on a month-to-month basis, providing an investor with the flexibility to immediately reposition rents toward current market value. The property offers an attractive projected gross rental income of $94,800+ annually. Units include updated kitchens and baths, modern flooring, upgraded fixtures, and central A/C, offering turnkey appeal. Ideally located near beaches, downtown Pompano, major highways, and transit, with significant redevelopment and large-scale mixed-use projects driving growth and demand throughout Pompano Beach. Excellent opportunity for investors seeking stable income, immediate rental upside, and long-term appreciation in a rapidly growing South Florida market! Don't miss this opportunity!

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240 SE 9th Avenue, Pompano Beach, FL 33060

Price
Price:
$885,000.00
Original List Price:
$885,000.00
List Price per Sq Ft (Calculated, Approx.):
$310.63
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
New Listing
Last Major Update on:
October 8, 2026 4:00 am
Measures
Living Area:
2,849 Sqft
Built-Up Area:
2,849 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Other, Central Air
Heating
Heating System:
Central, Other, Separate Meters
Construction
Year Built:
1972
Roof:
Other, Tar/gravel
Number of Units Total:
4
Levels:
Two
Construction Materials:
Block, Other, CBS
Flooring:
Other
Number of stories:
1
Structure Type:
Multi Family
Number of Units in the Community or Building:
4
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$14,138.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
OCEAN DRIVE ESTATES
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Copy Of Lease(s), Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional, FHA, Other
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
OCEAN DRIVE ESTATES 8-2 B LOT 11 & ABAND E 2 1/2 OF ST LYING W OF SAID LOT BLK 7
Real Estate Folio Number (Parcel Number):
494201031081
Zoning:
RM-20
Public Schools Assigned
Elementary School:
Golden Grove
High School:
Blanche Ely
Middle Or Junior School:
Pompano Beach
Listing History
Active on the market since:
October 8, 2026
Listing Agreement executed on:
October 8, 2026
Listing Status Last Changed On:
October 8, 2026 4:00 am
Photos updated on:
October 8, 2026 5:37 am
Last Modified:
October 8, 2026 9:01 am
Additional Information
Courtesy of:
Fausto Commercial Realty Consultants Inc
Attribution:
Not provided
Location
Street Name:
9th
Street Number:
240
City:
Pompano Beach
State:
Florida
Zip Code:
33060
County:
Broward
Latitude:
N26° 13' 45.5''
Longitude:
W81° 53' 9.5''
Street Suffix:
Avenue
Street Direction Prefix:
SE
Property Map

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Neighborhood Stats

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

Median Household Income $59,757
Median Home Value $354,100
Median Rent $1,406/mo
Median Age 39
Population 35,888
Ver la Propiedad Ver la propiedad 240 SE 9th Avenue, Pompano Beach, FL 33060
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.