940 NW 8th Ave, Pompano Beach, Florida 33060
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$2,749,000 USD

Commercial for Sale, 940 NW 8th Ave, Pompano Beach, Florida 33060

  • MLS#A12064356

Listed By Canvas Real Estate

The Commercial Property for Sale located at 940 NW 8th Ave, Pompano Beach, Florida 33060 is currently for sale. 940 NW 8th Ave, Pompano Beach, Florida 33060 is listed for $2,749,000.

Date Updated : Aug 19, 2026

Property features

Lot/Land

  • Land/Lot size: 1,314 m² (14,148 ft²)
  • Local zoning: Zoning

Construction

  • Year built: 1973
  • Roofing: Shingle
  • Construction: Cbs ConstructionConcrete/Block

Parking/Garage

  • Parking description: Assigned

Interior Features

  • Floors: Vinyl

Heating and Cooling

  • Cooling system: Central AC

Utilities

  • Other utilities: Public

Description

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.

Location

940 NW 8th Ave, Pompano Beach, Florida 33060

940 NW 8th Ave, Pompano Beach, Florida 33060