Property 620 SW 7th Street 1-7, Pompano Beach, FL 33060 for sale with MLS# A11914413
Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1's , 3 - 1/1's and 1 large studio. Easy rent collection and Seller also easily self-manages the property. The Current Gross Income is $123,600. There is room to increase the rents and the Projected Gross Income will be $147,000. Annual Expenses are $29,463 which include Property Taxes:$19543, Water/Sewer:$3600, Insurance $5000, Lawn $720, Exterior Electric $600. Apartment electricity is metered separately and paid by Tenants. Current 6.5% cap, ProForma 8% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!
620 SW 7th Street 1-7, Pompano Beach, FL 33060
- Price:
- $1,450,000.00
- Original List Price:
- $1,475,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $307.46
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Back On Market
- Last Major Update on:
- August 4, 2026 5:15 am
- Built-Up Area:
- 4,716 Sqft
- Lot Size Acres:
- 0.32
- Year Built:
- 1973
- Construction Materials:
- Block, CBS
- Flood Zone Code:
- AE,X
- Tax Annual Amount:
- $19,534.00
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- FAIRVIEW AMENDED PLAT 10-25 B LOT 12,13 BLK 15, TOG WITH POR OF ALLEY VACATED PER OR 4703/835
- Real Estate Folio Number (Parcel Number):
- 494202031150
- Zoning:
- B-3
- Active on the market since:
- August 4, 2026
- Listing Agreement executed on:
- November 14, 2025
- Price change occurred on:
- January 14, 2026 5:39 pm
- Listing Status Last Changed On:
- August 4, 2026 5:15 am
- Photos updated on:
- August 4, 2026 4:20 am
- Last Modified:
- August 4, 2026 4:26 am
- Courtesy of:
- RPM LUXE REALTY
- Attribution:
- Not provided
- Street Name:
- 7th
- Street Number:
- 620
- Unit Number:
- 1-7
- City:
- Pompano Beach
- State:
- Florida
- Zip Code:
- 33060
- County:
- Broward
- Latitude:
- N26° 13' 19.4''
- Longitude:
- W81° 53' 19.4''
- Street Suffix:
- Street
- Street Direction Prefix:
- SW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 620 SW 7th Street 1-7, Pompano Beach, FL 33060
