OCEAN DRIVE ESTATES
240 SE 9th Ave, Pompano Beach FL 33060
2,849 ft²
$900,000
Est. Payment $4,790/mo
2,849
Sq. Ft.
1972
Year Built
1
Stories
9
Days on Market
Description
Fausto Commercial presents this extraordinary investment opportunity! Renovated 4-plex in Pompano Beach featuring four 2BR/1BA units, each renting for $1,750/month. 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 and long-term appreciation in a rapidly growing South Florida market! Don’t miss this opportunity!
Facts
- MLS#
- A11956831
- Subdivision
- OCEAN DRIVE ESTATES
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1972
- Lot Size
- 0 sqft
- Sq. Ft.
- 2,849 ft²
- Sq. Mt.
- 265 m²
- Price per sq. ft.
- $316/ft²
- Price per sq. mt.
- $3,396/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 9 days
- Listed
- Feb 2, 2026
- Last Updated
- Feb 11, 2026
- Price/Lot Sq.Ft.
- —
Market insights for Pompano Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
38
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 2/2/2026 | Listed for sale | $900,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
North Dade Regional AcademyPK,KG · private · 0.2 mi
- Gina Cumbie
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
- Miami Gardens Elementary School
PK,KG,1,2,3,4,5 · public · 0.4 mi
- Charles David Wyche, Jr Elementary School
PK,KG,1,2,3,4,5 · public · 0.4 mi
- Lake Stevens Middle School
6,7,8 · public · 0.5 mi
- ACCELERATION ACADEMIES-CENTRAL MIAMI-7871
8,9,10,11,12 · public · 0.5 mi
- His House Academy
KG,1,2,3,4,5,6,7,8 · private · 0.6 mi
- Lake Stevens Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
- North Gardens High School Charter
9,10,11,12 · charter · 0.7 mi
- Building Tools Learning Center
PK,TK,KG · private · 0.7 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$5,690/mo
Principal & Interest
$4,790
Property Tax
$750
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
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