$885,000
 $4,751 est/mo Sourced by Back At You

240 SE 9th Avenue,Pompano Beach, FL 33060

Pompano Beach, FL 33060

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Description

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!

Details

MLS #A12103050
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1972
Days On Site27
Listing Provided ByFausto Commercial Realty Consultants Inc | Arun Mohan

Features

SQ Feet2,849
Story(s)1
Units4
ZoningRM-20

Taxes

Tax Annual Amount14138

Area Information

StateFL
CountyBroward
CityPompano Beach
Zip Code33060
Area3341
SubareaNDIX North Broward Us1 To Dixie Hwy (3311 3342)
Community NameOCEAN DRIVE ESTATES
Listing VS Median (in OCEAN DRIVE ESTATES)
Price:
$885,000
low | high
Med:
$1,800
100% of Average
sqft:
2,849
low | high
Med:
14,463
100% of Average
$ / sqft:
$311
low | high
Med:
$0
100% of Average
On site:
27
low | high
Med:
17.5
100% of Average
Sourced by Back At You

Market Activity 33060

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Learn More About This Property

StateFL
CountyBroward
CityPompano Beach
Zip Code33060
Area3341
SubareaNDIX North Broward Us1 To Dixie Hwy (3311 3342)
Community NameOCEAN DRIVE ESTATES
Listing VS Median (in OCEAN DRIVE ESTATES)
Price:
$885,000
low | high
Med:
$1,800
100% of Average
sqft:
2,849
low | high
Med:
14,463
100% of Average
$ / sqft:
$311
low | high
Med:
$0
100% of Average
On site:
27
low | high
Med:
17.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $663K - $1.106M
sqft: 2,000 - 3,500
Listing Updated: October 31, 2026 at 9:00:46 AM PDT