240 SE 9th Avenue, Pompano Beach, FL 33060
Listing Snapshot
| List Price | $885,000 |
| Price / Sq Ft | $311 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 2,849 sqft |
| Year Built | 1972 |
| Property Tax | $14,138/yr |
| MLS # | 1192567887 |
| Status | Active |
About This Home
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!
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Quadruplex
- Stories
- 1
- Parking Spaces
- 10
- Zoning
- RM-20
- Utilities
- CableAvailable
- Subdivision
- OCEAN DRIVE ESTATES
Interior Features
- Flooring
- Other
- Heating
- Central,Other,SeparateMeters
- Cooling
- CentralAir,Other
Exterior Features
- Construction
- CBSConcreteBlockStructure,Block,Other
- Roof
- Other,TarGravel
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 3341
Schools
Map
Virtual Tour
View Virtual TourMLS# 1192567887 · BEACH
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Estimate Your Payment
20% down · Loan: $708,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.