240 SE 9th Ave - Multi-Family FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$900,000 USD
931-319-7072
240 SE 9th Ave, Pompano Beach, FL for Sale
$900,000 USD
Multi-Family - FOR SALE
1/26
null | 7.47% Cap Rate


HIGHLIGHTS

  • Fully Renovated 4-Plex – Turnkey asset featuring four updated 2BR/1BA units with modern finishes throughout.
  • Strong Rental Income – Each unit rented at $1,750/month, providing consistent and stable cash flow.
  • Modern Interior Upgrades – Updated kitchens and bathrooms, contemporary flooring, upgraded fixtures, and central A/C in all units.
  • Prime Location in Pompano Beach – Minutes from beaches, downtown, major highways, and public transit.
  • High-Growth Submarket – Surrounded by major redevelopment and mixed-use projects fueling appreciation and rental demand.
  • Long-Term Investment Potential – Ideal for investors seeking steady income with upside in the thriving South Florida market.

OVERVIEW

Fausto Commercial presents this extraordinary investment opportunity! Renovated 4-plex in Pompano Beach featuring four 2BR/1BA units, each renting for $1,750/month. 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 and long-term appreciation in a rapidly growing South Florida market! Don’t miss this opportunity!

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$316 USD /SF

# OF UNITS

4

PRICE/UNIT

$225,000

CAP RATE

7.47%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Snug Harbor Fourplex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM-20

APN/PARCEL ID

49-42-01-03-1081

ASK ABOUT THIS PROPERTY

Arun MohanFausto Commercial Realty ConsultantsMore Info
931-319-7072

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Arun MohanFausto Commercial Realty ConsultantsMore Info
931-319-7072

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.