700 SW 8th Street, Pompano Beach, FL 33060
MULTI_FAMILY - Pompano Beach, FL
- Added:
- Jun 16, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 20 at 3:06 am
Property Features for 700 SW 8th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-20
- Bedrooms
- 6
- Rooms
- Bedroom 6, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
- Patio and Porch features
- Patio, Porch
- Pets allowed
- No, Yes
- Exterior features
- Courtyard, Garden
- Fencing
- Chain Link, Perimeter
- Standard status
- Active
- APN
- 494202031020
- Size
- 1,872 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FAIRVIEW AMENDED PLAT 10-25 B LOT 18,19 BLK 14
- Tax Annual Amount
- 5804
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Wall/Window Unit(s), Electric, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
- Building materials
- CBS, Stucco
- Roof type
- Shingle
Listing agent Cynthia L Heelan License #3365882 (954) 288-5851
Listing office Keller Williams Realty Consultants 3301 N University Dr #120 Ste. 120, Coral Springs, FL (954) 688-5400
Listing date Jun 16, 2026
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex on a 0.3663‑acre R‑20 multifamily‑zoned lot in Pompano Beach
- Two separate 3‑bed, 1‑bath buildings connected by a covered breezeway/carport
- Currently occupied by long‑term month‑to‑month tenants paying below‑market rents
- Requires substantial renovation, including kitchens, bathrooms, flooring, windows, and HVAC systems
- 1950 build with shingle roof and concrete flooring; cooling via wall/window units
- Close to I‑95 and less than 4 miles from the Pompano Beach Pier
Overview
The site is zoned RM-20 for multifamily use. The listing notes multifamily density of up to 8 units, which may support future redevelopment considerations if buyers plan to reconfigure or expand beyond the existing duplex layout. The address is in Pompano Beach, with proximity highlighted to I-95 and less than 4 miles from the Pompano Beach Pier.
For buyers looking for a hands-on value-add project, this property is being sold with the expectation of substantial renovation throughout, including kitchens, bathrooms, flooring, windows, HVAC systems, and other deferred maintenance. With two independent building spaces under one duplex configuration, it can appeal to experienced operators who want to bring units up to current standards while retaining tenant occupancy through the month-to-month term. Sellers indicate all serious offers are welcome.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.2k | $25.20 |
| − Vacancy | −$2.5k | −$1.31 |
| EGI | $44.7k | $23.89 |
| − OpEx | −$13.4k | −$7.17 |
| NOI | $31.3k | $16.72 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.132428
- Latitude
- 26.219568
