901-951 NW 8th Ave & 930-980 NW 9th Ave Pompano Beach, FL 33060
Well-maintained 98-unit multifamily property on 2.39 acres.
Type:Multifamily
Property size:
41,100 SFLot size:
2.39 Acres- Added:
- Apr 1, 2026
- Days on Market:
- 22
- Last Refresh:
- Apr 1 at 11:52 am
Property Features for 901-951 NW 8th Ave & 930-980 NW 9th Ave
General Information
- Standard status
- Active
- Size
- 41,100 SF
- Lot size
- 2.39 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1958
Listing agent Dan Dratch License #FL #SL3341163
Listing office (954) 312-1677
Listing date Apr 1, 2026
Source Franklinst
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Dan Dratch
Overview
98-Unit Multifamily Property in Pompano
Parkview Crossing is a 98-unit multifamily property consisting of 19 studios, 52 one-bed, one-bath units, 17 two-bed, one-bath units, and 10 two-bed, two-bath units. Located in Pompano Beach, Florida, the properties were built in 1958 using reinforced concrete block construction with painted stucco exterior and are situated on 2.39 acres of land. The property has undergone significant capital improvements under the current ownership, including full replacement of electrical supply lines, circuit breakers, shut offs, and new electric panels in all units. The property has passed 40 & 50 year recertification. Some exterior improvements include newly repaved asphalt parking lots, LED lighting for common areas, 6-foot steel fencing around the perimeter of all buildings with 3 motorized gates, revitalized landscaping, and state-of-the-art surveillance systems. 75% of units now feature upgraded kitchens, new mini-split AC systems, vinyl slider windows, and modern lighting fixtures. It is ideally located east of I-95 near N Dixie Hwy, providing easy access to anywhere in Broward County. The property has strong in-place cash flow with opportunity to increase rents by 20.76%, providing exceptional upside potential.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.108938
- Latitude
- 26.219471
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 98-unit multifamily property on 2.39 acres.
Where is this apartment building located?
The property is located at 901-951 NW 8th Ave & 930-980 NW 9th Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $14,300,000.
What are key features of this property?
This property features: Opportunity to assume existing $5,908,933.50 loan at a fixed rate of 3.0% until December 2029.; Significant upside potential with the opportunity to increase rents by 20.76%.; **Over $1,000,000 in recent capital improvements**, including electrical upgrades and passed recertification.
