240 9th Avenue, Pompano Beach, FL 33060

$885,000 — Active

Property Features

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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!

Property Details

  • Listing ID: A12103050
  • Status: Active
  • Listing Date: 2026-10-08
  • Property Type: Quadruplex
  • Subdivision: OCEAN DRIVE ESTATES
  • County: Broward
  • MLS Area: 3341
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 2,849
  • Year Built: 1972

Financial

  • List Price: $885,000
  • HOA Fee: None
  • Taxes: $14,138/yr

Features & Amenities

  • Cooling: Central Air, Other
  • Heating: Central, Other, Separate Meters
  • Flooring: Other
  • Construction: Block, Other, CBS
  • Roof: Other, Tar/Gravel

Courtesy of Fausto Commercial Realty Consultants Inc
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listings updated Nov 10, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.