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!
For sale
$885,000
240 SE 9th Ave, Pompano Beach, FL 33060
8beds
4baths
2,849sqft
Quadruplex
Built in 1972
-- sqft lot
$833,100 Zestimate®
$311/sqft
$-- HOA
What's special
Modern flooringUpdated kitchens and bathsUpgraded fixtures
- 1 day
- 80
- 8
Zillow last checked:
Listing updated:
Listed by:
Arun Mohan 931-319-7072,
Fausto Commercial Realty Consultants Inc,
Elior Levi 954-743-7594,
Fausto Commercial Realty Consultants Inc
Source: MIAMI,MLS#: A12103050
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Other
Cooling
- Central Air, Other
Features
- Flooring: Other
Interior area
- Total structure area: 2,849
- Total interior livable area: 2,849 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494201031081
- Zoning: RM-20
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction, CBS Construction, Other
- Roof: Other,Tar/Gravel
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Ocean Drive Estates
HOA
- Has HOA: No
Location
- Region: Pompano Beach
Financial & listing details
- Price per square foot: $311/sqft
- Annual tax amount: $14,138
- Date on market: 10/8/2026
- Listing terms: All Cash,Conventional,FHA
- Total actual rent: 94800
Estimated market value
$833,100
$791,000 - $875,000
$2,305/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Listed for sale | $885,000-1.7%$311/sqft |
Source: | ||
| 9/1/2026 | Listing removed | $900,000$316/sqft |
Source: | ||
| 2/2/2026 | Listed for sale | $900,000+100%$316/sqft |
Source: | ||
| 8/29/2017 | Listing removed | $449,900$158/sqft |
Source: RE/MAX Preferred #F10070984 Report a problem | ||
| 7/31/2017 | Pending sale | $449,900$158/sqft |
Source: RE/MAX Preferred #F10070984 Report a problem | ||
| 7/26/2017 | Listed for sale | $449,900$158/sqft |
Source: RE/MAX Preferred #F10070984 Report a problem | ||
| 7/13/2017 | Pending sale | $449,900$158/sqft |
Source: RE/MAX Preferred #F10070984 Report a problem | ||
| 6/23/2017 | Listed for sale | $449,900$158/sqft |
Source: RE/MAX Preferred #F10070984 Report a problem | ||
| 6/10/2017 | Pending sale | $449,900$158/sqft |
Source: RE/MAX Preferred #F10070984 Report a problem | ||
| 6/6/2017 | Listed for sale | $449,900$158/sqft |
Source: RE/MAX Preferred #F10070984 Report a problem | ||
| 11/13/2015 | Listing removed | $1,150 |
Source: PSS Realty Report a problem | ||
| 10/30/2015 | Listed for rent | $1,150 |
Source: PSS Realty Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Est. payment









