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Ocean Drive Estates

$885,000

240 SE 9th Ave, Pompano Beach, FL 33060

Active
Last Updated: 10/09/2026

67,200

NOI

2,849 sqft

Building Size

Details:
NOI:    $67,200
Building Size:    2,849 sqft
Units:    4
Year Built:    1972
Floors:    1
Parking Spots:    10
Gross Leaseable Area:    2,849
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!

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