
$520,000
Apartment for Sale, 700 SW 8th Street, Pompano Beach, Florida 33060
- MLS#B26041945
174 m² (1,872 ft²)
Listed By Keller Williams Realty Consult
The Apartment for Sale located at 700 SW 8th Street, Pompano Beach, Florida 33060 is currently for sale.
Description
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.
Location
700 SW 8th Street, Pompano Beach, Florida 33060
Property features
Property
- Property size:
174 m² (1,872 ft²) - Type: Half DuplexDuplex
- Features: Room For PoolCourtyardPatio
Construction
- Year built: 1950
- Roofing: Composition/shingleShingle
- Construction: Cbs Construction
- Exterior: Stucco
Interior Features
- Floors: Concrete
Exterior Features
- Outdoor spaces: PatioCourtyard
- Carport spaces:
View
- Features: Garden
Heating and Cooling
- Cooling System: Wall Or Window UnitsElectric
Utilities
- Telecommunication: Cable Available
- Other utilities: SewerPublicSewer Available Off SitePublic Sewer
Community
- Features: Pets Allowed
School information
- High School: Blanche Ely
- Middle School: Pompano B.Middle
- Elementary School: Cypress