8704 NW 38th Dr, Pompano Beach, FL, 33065
About This Home
Fully occupied five-plex at 8704 NW 38th Drive—five 2/1 units, all rented, low maintenance, immediate cash flow. This is plug-and-play multifamily investing at its best: established tenants, minimal upkeep, and a prime Coral Springs location that keeps demand strong and vacancies low. No lease-up period, no capital repairs, no drama—just steady income from day one. Perfect for portfolio builders, passive investors, or 1031 exchange buyers seeking stable returns in a proven market. Fully stabilized, turnkey, and priced to move. Quality five-plexes like this don't last—act now.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1978
Materials
- Roof: Other
- Construction materials: CBS Construction
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Quadruplex
Interior
Features
- Flooring: Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 4,041
- Total interior livable area: 4,041 sqft
Property
Details
- Parcel number: 484115030640
- Zoning: RM-20
Features
- Stories: 1
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Parking
- Total spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Cold Wave
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Broward County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,848 | $106,176 |
| Home Insurance * | $1,531 | $18,372 |
| Property Taxes | $1,400 | $16,800 |
| Electricity | $406 | $4,880 |
| Total | $12,185 | $146,220 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-13 | Price change | $1,750,000 |
| 2024-05-03 | Price change | $1,650,000 |
| 2023-11-27 | Listed for sale | $1,600,000 |
| 2021-07-26 | Sold | $975,000 |
| 2020-09-25 | Listed for sale | $1,100,000 |
| 2018-09-06 | Sold | $1,100,000 |
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