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240 Se 9th Ave, Pompano Beach, FL 33060

$885,000
: 2,849
SqFt

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List Price: $885,000
MLS: A12103050
Complex Name: Ocean Drive Estates
Status: ACTIVE
Type: Multifamily
Living Area: 2,849

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Property Description

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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Additional Information

Days on Market: 0
Style: Quadruplex, Fourplex
#Parking Spaces: 10
Year Built: 1972
Development Name: Ocean Drive Estates
#Stories: 1
Construction Type: Concrete Block Construction, CBS Construction, Other
Section: 1