About 700 Sw 8th Street
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.
Features of 700 Sw 8th Street
| MLS® # | B26041945 |
|---|---|
| Price | $520,000 |
| Square Footage | 1,872 |
| Acres | 0.37 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 700 Sw 8th Street |
|---|---|
| Area | 3431 |
| Subdivision | FAIRVIEW AMENDED PLAT |
| City | Pompano Beach |
| County | Broward |
| State | FL |
| Zip Code | 33060 |
Amenities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available |
|---|---|
| View | Garden |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | None |
|---|---|
| Cooling | Electric, Wall/Window Unit(s) |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Courtyard, Garden |
|---|---|
| Lot Description | Room for Pool, Oversized Lot |
| Windows | Single Hung Metal |
| Roof | Shingle |
| Construction | Stucco, CBS |
School Information
| Elementary | Cypress |
|---|---|
| Middle | Pompano Beach |
| High | Blanche Ely |
Additional Information
| Zoning | RM-20 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty Consult |
|---|---|
| Phone | 954-288-5851 |