About 240 Se 9th Avenue
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!
Features of 240 Se 9th Avenue
| MLS® # | A12103050 |
|---|---|
| Price | $885,000 |
| Square Footage | 2,849 |
| Year Built | 1972 |
| Type | Multi-Family |
| Sub-Type | Quadruplex |
| Status | New |
Community Information
| Address | 240 Se 9th Avenue |
|---|---|
| Area | 3341 |
| Subdivision | OCEAN DRIVE ESTATES |
| City | Pompano Beach |
| County | Broward |
| State | FL |
| Zip Code | 33060 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Other, Separate Meters |
|---|---|
| Cooling | Central Air, Other |
| # of Stories | 1 |
Exterior
| Roof | Other, Tar/Gravel |
|---|---|
| Construction | Block, Other, CBS |
School Information
| Elementary | McNab |
|---|---|
| Middle | Pompano Beach |
| High | Blanche Ely |
Additional Information
| Zoning | RM-20 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|