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Renovated 10-Unit Apartment Building
New
For Sale
$2,749,000

940 NW 8th Ave, Pompano Beach, FL 33060

MULTI_FAMILY - Pompano Beach, FL

Property SizeContact for details
Lot Size0.32 Acres
Days on Market3

Property Features for 940 NW 8th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RM-20
Parking 12
Parking features Assigned, Guest
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.
Subdivision 3425
Standard status Active
APN 484235000440
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax 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
Tax Annual Amount 28693
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

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1973
Number of units 10
Flooring type Vinyl
Building materials Block
Roof type Shingle
Listing Agency: Canvas Real Estate
Listed By: Ernesto Vega · License #0648713
Added: Aug 3 Last Checked: Aug 5 at 12:06AM
MLS# A12064356

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 10-unit apartment building in Pompano Beach offers a consistent two-bedroom, one-bath layout throughout. A comprehensive renovation completed during 2024-2025 updated the residences and exterior, including white-cabinet kitchens with quartz countertops, stainless appliances, marble-look tile bathrooms, luxury vinyl plank flooring, and in-unit laundry connections. Electrical and plumbing improvements, impact windows and doors, new stucco, and fresh exterior paint are also in place. The property was built in 1973 and uses block construction, a shingle roof, public water, and public sewer.

The 0.3248-acre property includes assigned tenant parking and guest parking. Its Broward County setting provides access to I-95, Florida's Turnpike, and US-1/Federal Highway, with Atlantic beaches, Broward College North Campus, and downtown Pompano's CRA redevelopment district a short drive away.

Key Highlights

  • 10‑unit apartment building with every residence configured as 2BR/1BA
  • 100% occupied, with renovations completed during 2024‑2025
  • Updated kitchens feature quartz counters and stainless appliances

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Pharmacy Dental Office Parking Lot & Garage Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,557
Businesses Nearby

Demographics for 33060, FL

35,793
Population
15,653
Households
2.3
Avg Household Size
39
Median Age
25%
College-Educated
82%
High-School Grad
7.0 sq mi
ZIP Area
5,113
Density / Sq Mi
$59,757
Median Household Income
$34,275
Median Earnings
$1,406
Median Rent
$354,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with updated interiors, impact openings, and assigned and guest parking.
Where is this apartment building located?
The property is located at 940 NW 8th Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $2,749,000.
What are key features of this property?
This property features: 10‑unit apartment building with every residence configured as 2BR/1BA; 100% occupied, with renovations completed during 2024‑2025; Updated kitchens feature quartz counters and stainless appliances
More about this property
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