Ocean Drive Estates
$885,000
240 SE 9th Ave, Pompano Beach, FL 33060
67,200
NOI
2,849 sqft
Building Size
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Copy Of Lease(S), Other Available Information, Rent Rolls
- Architectural Style: Detached
- Cooling: Central Air, Other
- Heating: Central, Other
- Flooring: Other
- Construction Materials: Concrete Block Construction, CBS Construction, Other
Description:
Fausto Commercial is proud to present this extraordinary investment opportunity! Renovated 4-plex in Pompano Beach featuring four 2BR/1BA units, with 3 of the 4 units currently on a month-to-month basis, providing an investor with the flexibility to immediately reposition rents toward current market value. The property offers an attractive projected gross rental income of $94,800+ annually. 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, immediate rental upside, and long-term appreciation in a rapidly growing South Florida market! Don't miss this opportunity!
Location
Gallery