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240 SE 9th Ave
Pompano Beach, FL 33060
Snug Harbor Fourplex · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Fully Renovated 4-Plex – Turnkey asset featuring four updated 2BR/1BA units with modern finishes throughout.
- Modern Interior Upgrades – Updated kitchens and bathrooms, contemporary flooring, upgraded fixtures, and central A/C in all units.
- High-Growth Submarket – Surrounded by major redevelopment and mixed-use projects fueling appreciation and rental demand.
- Strong Rental Income – Each unit rented at $1,750/month, providing consistent and stable cash flow.
- Prime Location in Pompano Beach – Minutes from beaches, downtown, major highways, and public transit.
- Long-Term Investment Potential – Ideal for investors seeking steady income with upside in the thriving South Florida market.
Executive Summary
Fausto Commercial presents this extraordinary investment opportunity! Renovated 4-plex in Pompano Beach featuring four 2BR/1BA units, each renting for $1,750/month. 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 and long-term appreciation in a rapidly growing South Florida market! Don’t miss this opportunity!
Property Facts
| Price Per Unit | $307,694 CAD | Building Size | 2,849 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 7.47% | No. Stories | 1 |
| No. Units | 4 | Year Built | 1972 |
| Property Type | Multifamily | ||
| Zoning | RM-20 | ||
| Price Per Unit | $307,694 CAD |
| Sale Type | Investment |
| Cap Rate | 7.47% |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 2,849 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1972 |
| Zoning | RM-20 |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Kitchen
- Stainless Steel Appliances
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,393 CAD | - |
Property Taxes
| Parcel Number | 49-42-01-03-1081 | Improvements Assessment | $793,044 CAD |
| Land Assessment | $58,640 CAD | Total Assessment | $851,684 CAD |
Property Taxes
Parcel Number
49-42-01-03-1081
Land Assessment
$58,640 CAD
Improvements Assessment
$793,044 CAD
Total Assessment
$851,684 CAD
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