700 SW 8th Street, Pompano Beach FL 33060

$575,000

$307/sq ft

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Overview

Year Built

1950

Sqft

1872

Property Type

Duplex

Property Description

Don't miss this rare opportunity to acquire a duplex on a .3663-acre R-20 multifamily-zoned lot in the heart of Pompano Beach. The property consists of 2 separate 3-bed, 1-bath buildings connected by a covered breezeway/carport & is currently occupied by long-term month to month tenants paying below-market rents. This is an ideal value-add opportunity for experienced investors seeking to increase cash flow through renovation & future rent growth. Property requires substantial renovation, including kitchens, bathrooms, flooring, windows, HVAC systems, other deferred maintenance. The oversized lot offers future redevelopment potential with zoning allowing multifamily density of up to 8 units. Close to I-95 & less than 4 miles from the Pompano Beach Pier. Sellers welcome all serious Offers.

Property Details

MLS#

B26041945

Total Floor in Bldg

1

Address

700 8th SW

City

Pompano Beach

State/county

FL

Zip/Postal Code

33060

Area

Fairview Amended Plat,fairview

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$5,803

Maint Fee

$--

Tax Year

2025

Garden

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Boris Gelfand