Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3208 9Th St Pompano Beach, FL 33062

    For Sale
    $3,350,000

    Ten-Unit Coastal Pompano Beach Property

    Property size:
    4,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents a meticulously renovated 10-unit multifamily property located in desirable Pompano Beach, Florida. Situated at 3208 NE 9th St #5, this property boasts a combined asking price of $3,350,000 and offers a compelling return on investment. The 4,300 square foot complex, built in 1954, has undergone a complete transformation, featuring brand-new roofs, landscaping, HVAC systems, impact windows, and doors. All ten units have been newly renovated, providing a mix of eight studios and two two-bedroom, one-bathroom apartments. The property's prime location offers convenient access to the vibrant Pompano Beach Pier and its surrounding restaurants and amenities, a mere five-minute walk away. This turnkey investment is ideal for those seeking a well-maintained, high-performing multifamily asset in a thriving coastal community. The property's modern upgrades and desirable location ensure strong rental demand and potential for significant appreciation. This is a rare opportunity to acquire a fully renovated, income-producing property in a highly sought-after area of South Florida. The address is 3208 NE 9th St #5, Pompano Beach, FL 33062, in Broward County.

    Property Features for 3208 9Th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,300 SF

    Building Details

    Year Built
    1954

    HighLights

    • $3,350,000 asking price.
    • Multifamily property.
    • 4,300 square feet.
    • Built in 1954.
    • Located in Pompano Beach, FL, a 5‑minute walk from Pompano Beach Pier.
    • Ten newly renovated units (eight studios, two 2‑bedroom/1‑bath).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.0890497
    Latitude
    26.24582

    Nearby Similar for Sale

    • $975,000
      4,492 SF

      Spacious Duplex in Coral Springs

      Spacious duplex with remodeled unit and large fenced yard.
      11530-32 NW 43Rd St, Pompano Beach, FL 33065
      View Details
    • New
      $699,500
      1,352 SF

      Pompano Beach Duplex Opportunity

      Updated duplex in Pompano Beach, near beaches and attractions.
      2581 NE 11Th Ct, Pompano Beach, FL 33062
      View Details
    • $2,299,000
      2,549 SF

      Deerfield Beach Fourplex Investment Opportunity

      Fourplex near the beach, operating as a short-term rental.
      1944 NE 5Th St, Pompano Beach, FL 33441
      View Details
    • $690,000
      1,632 SF

      Pompano Beach Duplex with Income

      Spacious duplex in Pompano Beach, updated units, income potential.
      404 NE 4Th St, Pompano Beach, FL 33060
      View Details
    • $1,851,360
      2.69 Acres

      Pompano Beach Restaurant Space For Sale

      Shell condition restaurant space in luxury beachfront development, ocean views.
      900 N Ocean Blvd, Pompano Beach, FL 33062
      View Details
    • $2,895,000
      0.72 Acres

      New Warehouse Space in Pompano

      New 10,000 SF warehouse space in Pompano Beach, FL.
      621 NE 1St Ave, Pompano Beach, FL 33060
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Ten-Unit Coastal Pompano Beach Property
    Where is this multifamily property located?
    The property is located at 3208 9Th St Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $3,350,000.
    What are key features of this property?
    This property features: $3,350,000 asking price.; Multifamily property.; 4,300 square feet.
    Request Owner's contact information
    3208 9Th St Pompano Beach, FL 33062
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3208 9Th St
    Pompano Beach, FL 33062
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3208 9Th St Pompano Beach, FL 33062
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.