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    OFF-MARKET
    Commercial real estate

    3208 9Th St, Pompano Beach, FL 33062

    4,300 SF Built 1954
    Property ID
    US18-9171941
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Year built 1954
    Total area 4,300 SF
    UPID US18-9171941
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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