700 SW 8th Street, Pompano Beach, FL 33060

About This Home

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.

Property Details

Flooring

Concrete

Heating

None

Cooling

Electric, Wall/Window Unit(s)

Architectural Style

Twin Home, Half Duplex, One Story, Twin Homes

Building & Association

Stories

1

Stories Total

1

Association

No

Pets Allowed

Yes

Lot & Construction

Lot Features

1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre, Oversized Lot

Lot Size Square Feet

0

Waterfront

No

View

Garden

Construction Materials

CBS Construction, Stucco

Roof

Comp Shingle Roof, Shingle

Exterior Features

Courtyard, Room For Pool

New Construction

No

Public Records

Parcel Number

494202031020

Tax Annual Amount

$5,803

Tax Year

2,025

Zoning

RM-20

County Or Parish

Broward County

Location