940 NW 8th Ave Pompano Beach, FL $ 2,749,000
940 NW 8th Ave
$ 2,749,000
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940 NW 8th Ave

Pompano Beach, FL, 33060
$ 2,749,000
Bedrooms10 Baths10.0 Sq 8,377

Monthly Estimate*

$ 17,357

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Commercial Property for sale in Pompano Beach, FL

for $2,749,000 with 10 bedrooms and 10 full baths. This 8,377 square foot building was built in 1973.

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.

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Commercial Active

Price

$ 2,749,000

Bedrooms

10

Full Bath

10

Property Type

Commercial

Taxes

$ 28,693

Style

Year Built

1973

Town/City

Pompano Beach

County/Region

Broward

MLS | Web ID

A12064356

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Construction Materials Block
Year Built 1973
Property Subtype Multi Family
Tax Year 2025
County Broward
Property Type Commercial Sale
Full Baths 10
Status Active
Directions From I-95 take Exit 36 and head east on Atlantic Blvd then turn north (left) onto NW 8th Ave to the 900 block. Property at 940 NW 8th Ave just west of downtown Pompano and the CRA redevelopment district.
City Pompano Beach
Zoning Description RM-20
Number Of Units Total 10
MLS Area 3425
Lot Size Units Square Feet
Lot Size Square Feet 14148
Listing Terms Cash Conventional
Year Built Details Unknown
Tax Annual Amount 28693
Structure Type Multi Family
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description 35-48-42 E 141.65 OF E1/2 OF SW1/4 OF SW1/4 OF NW1/4 LESS N 25 & LESS S 541
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Interior
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Total Bedrooms 10
Total Baths 0
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Exterior
Parking Features Assigned Guest
Water Source Public
Total Parking 12
Lot Size Area 14148
Building Area Total 8377
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type City Street
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* Excluded Features
List By
Canvas Real Estate

Broker

info@canvasre.com

Email

Affordability Calculator

$19,749
Per Month
88%
12%
0%
Monthly Principal & Interest
$17,357
Monthly Property Taxes
$2,391
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2026$2,749,000 Listed Price

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940 NW 8th Ave, Pompano Beach, FL, 33060 is a Commercial Property for sale at $2,749,000 with 8,377 sqft. 940 NW 8th Ave has 10 bedrooms, 10.0 baths, and was built in 1973. The property's zip code is 33060 which is in Pompano Beach, FL