$520,000

Price reduced

700 SW 8th Street, Pompano Beach FL 33060

1,872 sq ftBuilt 1950MLS# B26041945

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About this property

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

Property type
Multi-family
Year built
1950
Living area
1,872 sq ft
Price per sq ft
$278
Property taxes
$5,803/yr
Building / community
FAIRVIEW AMENDED PLAT,Fairview
Status
Price reduced
MLS #
B26041945

Listing courtesy of Keller Williams Realty Consult.

Location

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