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Active - Other for sale

940 NW 8th Ave, Pompano Beach FL 33060

Facts & features

Other Property type
103 days on Beycome
1973 Year built

Why you’ll love it

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 $2,550,000 ($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.

Translating description...

Listings courtesy of Canvas Real Estate.

Listed by: Ernesto Vega • 954-646-5677 • Canvas Real Estate

Co-listed by: Canvas Real Estate

Source: Miami MLS, MLS#: A12064356 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$1,660,000$3,445,000
1%20%
0%90%
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Estimated monthly payment

$15,285/mo

  • Mortgage$12,894
  • Property tax$2,391
  • HOA fee
  • Homeowners insurance
Due at closing$2,027,250
Down payment held in escrow$510,000
Closing costs$38,250
beycome credit Est.$51,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Pompano Beach

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$2,550,000 Listed price

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$51,000 Credit back

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