Link copied!
620 7th St 1-7, Pompano Beach, FL
Offering:
For Sale
Location:
Pompano Beach, FL 33060
Status:
Active
$1,450,000
Deemed reliable but not guaranteed.
Details
Year built:
1973
Lot size:
14,096 sq ft
Days on market:
147
Annual tax:
$19,534
Type:
Multi-family
MLS ID
A11914413
Virtual tour:
Listed by:
RPM LUXE REALTY (RPML01)
Listing office phone:
561-929-7317
Listing office email:
Listing agent:
Rodger Morelli (3059403)
Features
Description
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!!
Price history
$1,475,000 → $1,450,000
·
Reduced by
$25,000 (1.7%) · 2 price changes
Location
620 SW 7th St 1-7Pompano Beach, FL 33060
Similar Properties Nearby
Area
2,754 sq ft
Area
3,825 sq ft
Area
3,208 sq ft
Area
2,847 sq ft
Area
2,219 sq ft
Area
2,849 sq ft
Area
2,412 sq ft
Pompano Beach
1109 NW 6th Ave 1-5
MLS #A12058451 · Fausto Commercial Realty Consultants Inc
$970,000
Area
3,269 sq ft
Area
2,072 sq ft
Similar Properties in Other Cities
Area
2,215 sq ft
Area
2,537 sq ft
Area
2,480 sq ft
Area
3,220 sq ft
Area
1,672 sq ft
Area
3,869 sq ft
Area
2,612 sq ft
MLS information
Last updated Nov 1, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
