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$2,749,000 Just Listed

  • For Sale
  • Active
  • Commercial Multi-Family
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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.

Full Property Details for 940 NW 8th Ave

General

  • Price: $2,749,000
  • Taxes: $28,693 (2025)
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Greater_Miami
  • MLS ID: A12064356
  • Updated: 8/3/2026
  • Added to Site: 3 day(s) ago

Business

  • Business Type: Residential-Multi-Family

Interior

  • Flooring: Vinyl

Parking

  • Total Spaces: 12
  • Parking Features: Assigned, Guest

Location

  • County: Broward County
  • Driving Directions: From I-95, take Exit 36 and head east on Atlantic Blvd, then turn north (left) onto NW 8th Ave to the 900 block. Property at 940 NW 8th Ave, just west of downtown Pompano and the CRA redevelopment district.

Community

  • Units Assoc/Comm: 10

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Individual A/C
  • Heating Type: Central Individual A/C

Utilities

  • Sewer: Public Sanitation
  • Water: Public

Structural Information

  • Structure Type: Other Building Type
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction, CBS Construction
  • Roof: Shingle
  • Windows: Clear Impact Glass
  • Building Size: 8377
  • Year Built: 1973

Unit Information

  • Units in Complex: 10

Lot Features

  • Lot Size (Sq. Ft.): 14,148
  • Lot Features: City Location, Near Airport
  • Zoning: RM-20

Financial Considerations

  • Tax Amount: $28,693
  • Tax Year: 2025
  • Terms: All Cash, Conventional/Refinance

Disclosures and Reports

  • Special Conditions: Sale
  • Documents Avail.: Aerial Photo(S)
  • Legal Description: 35-48-42 E 141.65 OF E1/2 OF SW1/4 OF SW1/4 OF NW1/4 LESS N 25 & LESS S 541
  • Inclusions: Leases, Leases
  • Property ID: 484235000440

Listed by Canvas Real Estate

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— 940 NW 8th Ave —

  • Canvas Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 940 NW 8th Ave

School District:Broward County School District
NameGradesDistance
Sanders Park Elementary School
800 Northwest 16th Street, Pompano Beach, FL 33060
PK-50.6 mi
Pompano Beach Middle School
310 Northeast 6th Street, Pompano Beach, FL 33060
6-80.8 mi
Blanche Ely High School
1201 Northwest 6th Avenue, Pompano Beach, FL 33060
9-120.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 940 NW 8th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/03/2026
Listed
$2,749,000
103.63%
MLS
9/20/2024
Sold
$1,350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 940 NW 8th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$28,693
7%
$1,230,170
—
2024
$26,736
11%
$1,230,170
23%
2023
$24,173
25%
$1,000,010
21%
2021
$19,347
-10%
$827,800
-13%
2022
$21,552
11%
$952,240
12%
2021
$19,347
-1%
$853,850
1%
2019
$19,574
4%
$842,210
10%
2018
$18,814
15%
$765,650
-7%
2017
$16,325
12%
$821,300
18%
2016
$14,598
9%
$696,150
21%
2015
$13,400
7%
$575,260
8%
2014
$12,522
5%
$530,680
10%
2013
$11,880
—
$482,550
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Canvas Real Estate

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940 NW 8th Ave, Pompano Beach, FL 33060 (MLS# A12064356) is a Commercial Multi-Family property. 940 NW 8th Ave is currently listed for $2,749,000 and was received on August 03, 2026. Want to learn more about 940 NW 8th Ave? Do you have questions about finding other Commercial Multi-Family real estate for sale in Pompano Beach? You can browse all Pompano Beach real estate or contact a Coldwell Banker agent to request more information.

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