BreakThru Realty

940 NW 8th Avenue, Pompano Beach, FL 33060

$2,749,000 · $328 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $2,749,000
  • Price per sq ft: $328
  • Building size: 8,377 sq ft
  • Lot size: 13,939 sq ft
  • Zoning: RM-20
  • Year built: 1973
  • Occupancy: 100%
  • Parking spaces: 12
  • Parcel ID: 484235000440
  • MLS#: A12064356
Photo 1 at 940 NW 8th Avenue, Pompano BeachPhoto 2 at 940 NW 8th Avenue, Pompano BeachPhoto 3 at 940 NW 8th Avenue, Pompano BeachPhoto 4 at 940 NW 8th Avenue, Pompano BeachPhoto 5 at 940 NW 8th Avenue, Pompano BeachPhoto 6 at 940 NW 8th Avenue, Pompano BeachPhoto 7 at 940 NW 8th Avenue, Pompano BeachPhoto 8 at 940 NW 8th Avenue, Pompano Beach

About this property

Fully renovated, 100%-occupied 10-unit multifamily in the heart of Pompano Beach, Broward County. Every unit is a spacious 2BR/1BA home delivered in essentially new condition after a comprehensive 2024-2025 gut renovation, with approximately $500,000 invested across all units and the exterior. Truly turnkey and move-in ready: new white-cabinet kitchens with quartz counters and stainless appliances, marble-look tiled baths, luxury vinyl plank flooring, individual mini-split HVAC, and in-unit laundry connections in every unit. Permitted upgrades to electrical, plumbing, and impact windows and doors mean no deferred maintenance and materially reduced near-term capital risk for a buyer. Freshly stuccoed and painted exterior with striped tenant and guest parking. Offered at $2,749,000 ($317/SF, below the Pompano Beach market average), reflecting a 6.87% pro forma cap rate. Ideally positioned along the Gold Coast between Fort Lauderdale and Boca Raton, with quick access to I-95, Florida's Turnpike, and US-1/Federal Highway. Atlantic beaches, Broward College North Campus, and downtown Pompano's CRA redevelopment district are all a short drive away.

Building Features and Utilities

  • Block
  • CBS

Operating Statement

Gross scheduled income$24,000/yr
Property taxes$28,693/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 940 NW 8th Avenue

  • Included: Leases

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Canvas Real Estate · info@canvasre.com · Listing agent: Ernesto Vega

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 940 NW 8th Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 940 NW 8th Avenue

How much is 940 NW 8th Avenue?
940 NW 8th Avenue is listed at $2,749,000, about $328 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 940 NW 8th Avenue zoned?
The listing reports zoning of RM-20. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 940 NW 8th Avenue?
The listing reports 8,377 square feet of building.
When was 940 NW 8th Avenue built?
940 NW 8th Avenue was built in 1973. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 940 NW 8th Avenue?
The listing reports annual property taxes of $28,693 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 940 NW 8th Avenue?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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