700 SW 8th Street, Pompano Beach, FL, 33060
1950
1,872 sqft
Don't miss this rare opportunity to acquire a duplex on a .3663-acre R-20 multifamily-zoned lot in the heart of Pompano Beach. The property consists of 2 separate 3-bed, 1-bath buildings connected by a covered breezeway/carport & is currently occupied by long-term month to month tenants paying below-market rents. This is an ideal value-add opportunity for experienced investors seeking to increase cash flow through renovation & future rent growth. Property requires substantial renovation, including kitchens, bathrooms, flooring, windows, HVAC systems, other deferred maintenance. The oversized lot offers future redevelopment potential with zoning allowing multifamily density of up to 8 units. Close to I-95 & less than 4 miles from the Pompano Beach Pier. Sellers welcome all serious Offers.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area, Laundry Room
Units:
2
Zoning:
RM-20
Subdivision:
FAIRVIEW AMENDED PLAT
Development:
Fairview
Heating:
None
Cooling:
Electric, Wall/Window Unit(s)
Levels:
1
Acreage:
0.37
Est. Taxes:
$5,804
Assessment
$198,160
Construction
Stucco, CBS
Utilities
Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
Lot Description:
Room for Pool, Oversized Lot
View Description:
Garden
Elementary School:
Cypress
Middle School:
Pompano Beach
High School:
Blanche Ely
Days on Market:
5
Pet Policy:
Yes, No Restrictions
Owner Pays:
Cable TV, Electricity
MLS #:
B26041945
Community Info
School Info
Walk Score
Yelp
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