954-937-4540
305 SE 9th Ave, Pompano Beach, FL for Sale
Apartments - FOR SALE
1/8
null | Request Cap Rate


HIGHLIGHTS

  • Prime location near beaches, Innovation District, and major highways
  • Surrounded by luxury developments and civic investment
  • Fully occupied with strong fundamentals and upside potential
  • Flexible income strategies: long-term or short-term rental
  • Private courtyard with pool and ample on-site parking

OVERVIEW

305 SE 9th Avenue presents a rare opportunity to acquire a well-located, value-add multifamily asset in the heart of Pompano Beach, one of South Florida’s fastest-growing coastal markets. This 18-unit property, featuring a desirable mix of spacious two-bedroom, one-bedroom, and studio apartments, is fully occupied and positioned for significant upside through renovations and strategic repositioning. The building offers on-site parking and a private courtyard with a pool, enhancing resident appeal and operational flexibility. Surrounded by transformative investment, including multimillion-dollar residential developments and civic enhancements, the property benefits from unparalleled proximity to Pompano Beach City Hall, the Cultural Center, and the revitalized Pompano Beach Pier. Major luxury projects such as Ritz-Carlton Residences and Waldorf Astoria Residences underscore the area’s trajectory toward high-end growth, driving demand and supporting rent appreciation. Investors can capitalize on multiple strategies: elevate rents through interior upgrades, implement a short-term rental model to maximize cash flow, or maintain traditional leasing for stable returns. With strong demographic trends, ongoing redevelopment, and convenient access to US-1, I-95, beaches, dining, and entertainment, this asset offers enduring value in a market poised for long-term performance.

FOR SALE DETAILS

PRICE

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# OF UNITS

18

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,050 SF

ZONING

RM-20, Pompano Beach

APN/PARCEL ID

49-42-01-03-1380

ASK ABOUT THIS PROPERTY

Brian Ahearn CCIMButters Realty & ManagementMore Info
954-937-4540

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Brian Ahearn CCIMButters Realty & ManagementMore Info
954-937-4540

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