240 SE 9th Ave, Pompano Beach, FL 33060

$885,000— Beds— Baths2,849 Sq. Ft.$311 / sq. ft.

Pompano Beach, FL 33060 · MLS# A12103050 · Active · OCEAN DRIVE ESTATES

Status
Active
Type
Quadruplex
Year Built
1972
Days on Market
19
MLS #
A12103050
County
Broward County

Description of 240 SE 9th Ave, Pompano Beach, FL 33060

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 for 240 SE 9th Ave, Pompano Beach, FL 33060

Flooring
Other
Heating
Central, Other
Cooling
Central Air, Other
Architectural Style
Detached
Pool Private
No
Year Built Details
Effective Year Built

Building Information for 240 SE 9th Ave, Pompano Beach, FL 33060

Building Name
OCEAN DRIVE ESTATES
Building Area Total
2849
Building Area Units
Square Feet
Stories
1
Stories Total
1
Association
No

Property Information for 240 SE 9th Ave, Pompano Beach, FL 33060

Lot Features
Less Than 1/4 Acre Lot
Waterfront
No
View
No
Construction Materials
Concrete Block Construction, CBS Construction, Other
Roof
Other, Tar & Gravel Roof
Sewer
Public Sewer
New Construction
No

Public Records for 240 SE 9th Ave, Pompano Beach, FL 33060

Parcel Number
494201031081
Tax Annual Amount
$14,138
Tax Year
2025
Tax Legal Description
OCEAN DRIVE ESTATES 8-2 B LOT 11 & ABAND E 2 1/2 OF ST LYING W OF SAID LOT BLK 7
Zoning
RM-20
County Or Parish
Broward County

Payment Calculator

Estimated Payment
$6,096/mo
Principal & Interest
$4,475
Property Taxes
$1,178
Home Insurance
$443

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

240 SE 9th Ave, Pompano Beach, FL 33060 · See all Pompano Beach homes for sale

Courtesy of Fausto Commercial Realty Consultants Inc

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More information about 240 SE 9th Ave, Pompano Beach, FL 33060

240 SE 9th Ave is a multi-family home for sale in Pompano Beach, FL 33060. This property was listed for sale on October 8, 2026 by Fausto Commercial Realty Consultants Inc, it's currently listed at $885,000. This listing's school district is Broward County Public Schools. 240 SE 9th Ave is a 2,849 sqft multi-family home built in 1972.