$1,500,000
620 SW 7th Street 1-7
Pompano Beach, FL, 33060
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Project 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 $35,163 which include Property Taxes:$19543, Water/Sewer:$7200, Insurance $5000, Lawn $720. Electric is paid by Tenants. Current 6.04% cap , ProForma 7.40% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!
Property Details
Price:
$1,500,000
MLS #:
F10521593
Status:
Active
Baths:
0
Type:
Commercial
Neighborhood:
3431
Listed Date:
Aug 20, 2025
Lot Size:
14,096 sqft / 0.32 acres (approx)
Property Direction
Schools
Interior
Exterior
Financial
Taxes
$19,534
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Listing courtesy of RPM LUXE REALTY, (561)–929–7317
© 2025 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
620 SW 7th Street 1-7
Pompano Beach, FL