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Paragon Real Estate Solutions, LLC
240 Se 9th Ave, Pompano Beach, FL 33060
- $885,000
- 2,849
- SqFt
- List Price
- $885,000
- MLS
- A12103050
- Complex Name
- Ocean Drive Estates
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,849
Property 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!
Additional Information
- Days on Market
- 0
- Style
- Quadruplex, Fourplex
- #Parking Spaces
- 10
- Year Built
- 1972
- Development Name
- Ocean Drive Estates
- #Stories
- 1
- Construction Type
- Concrete Block Construction, CBS Construction, Other
- Section
- 1
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Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact: