700 Sw 8th Street, Pompano Beach, FL 33060
- $575,000
- 1,872
- SqFt
- List Price
- $575,000
- MLS
- B26041945
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 1,872
Property Description
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.
Additional Information
- Days on Market
- 43
- Style
- Duplex
- Exterior Features
- Courtyard, Room For Pool
- Year Built
- 1950
- Development Name
- Fairview Amended Plat, Fairview
- #Stories
- 1
- Construction Type
- CBS Construction, Stucco
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Listing Courtesy of Keller Williams Realty Consultants, Contact: