700 SW 8th Street
$575,000
700 SW 8th Street, Pompano Beach, FL 33060
1,872 sqft
Building Size
2
Units
Details:
Highlights:
- Lot Features: 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre, Oversized Lot
- Building Features: Room For Pool
- Bathrooms Total: 0
- Documents Available: Other Documents Available
- Architectural Style: Twin Home, Half Duplex, One Story, Twin Homes
- Cooling: Electric, Wall/Window Unit(s)
- Heating: None
- Flooring: Concrete
- Construction Materials: CBS Construction, Stucco
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.
Location
Gallery
