Premier Brokers International
240 SE 9th Avenue, Pompano Beach, FL 33060
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12103050
$885,000

240 SE 9th Avenue, Pompano Beach, FL 33060

Beds
—
Baths
0
Sqft
2,849
Est. payment$6,213/mo
Home type
Quadruplex
Year built
1972
Lot size
—
Price / sqft
$311
HOA
$0/mo
Community
OCEAN DRIVE ESTATES

Property description

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!

Listing activity

Days on market
18
Listed
Oct 8, 2026
MLS listing updated
Oct 27, 2026
Feed last checked
11 minutes ago

Listed by Arun Mohan · Fausto Commercial Realty Consultants Inc

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Other

Heating & cooling

Heating
Separate Meters, Central, Other
Cooling
Central Air, Other
Property

Exterior

Stories
1
Building area
2,849 sqft
Pool
No
Waterfront property
No

Lot

Zoning
RM-20
Construction

Type & style

Home type
Quadruplex
Structure type
Multi Family
Year built
1972

Materials

Construction
Block, CBS, Other
Roof
Tar/Gravel, Other
Utilities & green energy

Utilities

Sewer
Public Sewer
Utilities
Cable Available
Community & HOA

Community

Subdivision
OCEAN DRIVE ESTATES
MLS area
3341
MLS subarea
NDIX - North Broward Us1 To Dixie Hwy (3311-3342)

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Pompano Beach
County
Broward
ZIP code
33060
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12103050
Possession
Close Of Escrow, Negotiable
Original list price
$885,000
Parcel number
494201031081
Annual property tax
$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
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
2849
Construction Materials
Block, CBS, Other
County Or Parish
Broward
Days On Market
18
Elementary School
McNab
High School
Blanche Ely
List Price
885000
Listing Contract Date
2026-10-08
Living Area
2849
MLSArea Major
3341
MLSArea Minor
NDIX - North Broward Us1 To Dixie Hwy (3311-3342)
Middle Or Junior School
Pompano Beach
Mls Status
Active
On Market Date
2026-10-08
Photos Count
27
Postal Code
33060
Property Sub Type
Quadruplex
Property Type
Residential Income
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-08T04:00:00Z
Stories Total
1
Subdivision Name
OCEAN DRIVE ESTATES
Tax Annual Amount
14138
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 8, 2026ListedMIAMI REALTORS® MLS$885,000$311/sqft

Public tax history

YearProperty taxesAssessment
2025$14,138—

Payment calculator

Estimated monthly payment$6,213/moIllustrative estimate, not a loan offer.
Principal & interest
$4,592
Property taxes
$1,178
Insurance
$443
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

OCEAN DRIVE ESTATES

Pompano Beach · Broward County · 33060

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

McNabElementary
—
Pompano BeachMiddle
—
Blanche ElyHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Fausto Commercial Realty Consultants Inc. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.