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Paradise Realty FLA
700 SW 8th Street, Pompano Beach, FL 33060
- $520,000
- 1,872
- SqFt
- List Price
- $520,000
- Price Change
- ▼ $55,000 1787180542
- MLS#
- B26041945
- Sq. Ft
- 1,872
- Subtype
- Duplex
- County
- Broward
- Subdivision
- Fairview Amended Plat
- Region
- 3431
- Year Built
- 1950
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.
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Additional Information
- Heating
- None
- Cooling
- Electric, Wall/Window Unit(s)
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Exterior Features
- Covered Courtyard, Courtyard, Garden, Outdoor Living Area, Uncovered Courtyard, Room For Pool
- Parking Spaces
- 10
- Flooring
- Concrete
- Construction
- Block, Stucco
- Living Area
- 1,872
- Elementary School
- Cypress
- Middle School
- Pompano Beach
- High School
- Blanche Ely
- Pets Allowed
- No Pet Restrictions, Yes
Listing courtesy of Keller Williams Realty Consult. Contact: