240 SE 9th Ave, Pompano Beach, FL 33060
Multi-family for sale at $885,000: 8 bed · 4 bath · 2,849 sq ft.
| Asking price | $885,000 |
|---|---|
| Property type | Multi-family |
| Size | 8 bed · 4 bath · 2,849 sq ft |
| Price per sq ft | $311 |
| Year built | 1972 |
| Days on market | 14 |
| Neighborhood | Snug Harbor |
Listing description
Fausto Commercial is proud to present this extraordinary investment opportunity! Renovated 4-plex in Pompano Beach featuring four 2BR/1BA units, with 3 of the 4 units currently on a month-to-month basis, providing an investor with the flexibility to immediately reposition rents toward current market value. The property offers an attractive projected gross rental income of $94,800+ annually. Units include updated kitchens and baths, modern flooring, upgraded fixtures, and central A/C, offering turnkey appeal. Ideally located near beaches, downtown Pompano, major highways, and transit, with significant redevelopment and large-scale mixed-use projects driving growth and demand throughout Pompano Beach. Excellent opportunity for investors seeking stable income, immediate rental upside, and long-term appreciation in a rapidly growing South Florida market! Don't miss this opportunity!
Features
| Stories in building | 1 |
|---|
Price history
| Date | Event | Price |
|---|---|---|
| 2026-10-08 | Listed for sale | $885,000 |
| 2026-09-01 | Listing removed | $900,000 |
| 2026-02-02 | Listed for sale | $900,000 |
| 2017-08-29 | Listing removed | $449,900 |
| 2017-07-31 | Pending sale | $449,900 |
| 2017-07-26 | Listed for sale | $449,900 |
| 2017-07-13 | Pending sale | $449,900 |
| 2017-06-23 | Listed for sale | $449,900 |
| 2017-06-10 | Pending sale | $449,900 |
| 2017-06-06 | Listed for sale | $449,900 |
Listing courtesy of Fausto Commercial Realty Consultants Inc · Miami MLS (MIAMI REALTORS) #A12103050. Listing information is from the MLS (via RealtyAPI) as of October 22, 2026 and is deemed reliable but not guaranteed. Luxury Price Drops is not a real estate brokerage and does not represent buyers, sellers or landlords.