$575,000Active

700 SW 8th Street, Pompano Beach, FL 33060

Pompano Beach, FL 33060

1,872

Sq Ft

$307

$/Sq Ft

1950

Year Built

0.37 acres

Lot Size

Listing Snapshot

List Price	$575,000
Price / Sq Ft	$307
Beds	0
Baths	0
Living Area	1,872 sqft
Lot Size	0.37 acres

Year Built	1950
Property Tax	$5,803.67/yr
MLS #	1174770747
Status	Active

About This Home

Don't miss this rare opportunity to acquire a duplex on a .3663-acre R-20 multifamily-zoned lot in the heart of Pompano Beach. The property consists of 2 separate 3-bed, 1-bath buildings connected by a covered breezeway/carport & is currently occupied by long-term month to month tenants paying below-market rents. This is an ideal value-add opportunity for experienced investors seeking to increase cash flow through renovation & future rent growth. Property requires substantial renovation, including kitchens, bathrooms, flooring, windows, HVAC systems, other deferred maintenance. The oversized lot offers future redevelopment potential with zoning allowing multifamily density of up to 8 units. Close to I-95 & less than 4 miles from the Pompano Beach Pier. Sellers welcome all serious Offers.

General Features

Property Type: ResidentialIncome
Sub-type: Duplex
Stories: 1
Parking Spaces: 10
Zoning: RM-20
Utilities: CableAvailable,ElectricityAvailable,PhoneAvailable,SewerConnected,WaterAvailable
Subdivision: FAIRVIEW AMENDED PLAT

Interior Features

Flooring: Concrete
Heating: None
Cooling: Electric,WallWindowUnits
Laundry: CommonArea,LaundryRoom
Window Features: Metal,SingleHung

Exterior Features

Construction: Block,Stucco
Exterior Features: Courtyard,Garden,OutdoorLivingArea,UncoveredCourtyard,RoomForPool
Roof: Shingle
Lot Features: None,OversizedLot,QuarterToHalfAcreLot
Patio / Porch: Covered,Patio,Porch
Fencing: BackYard,ChainLink,Perimeter
Pool: No
View: Garden
Waterfront: No