3208 9Th St Pompano Beach, FL 33062
- Commercial real estate
- 4,300 SF
Current Use by Public Records
- Commercial real estate
Property Details for 3208 9Th St
- Year built
- 1954
- Property size
- 4,300 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.0890497
- Latitude
- 26.24582