620 SW 7th St # 7, Pompano Beach FL 33060 | Broward County | A11914413
  • $1,450,000

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!!

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  • Address: 7th St
  • City: Pompano Beach
  • Zip/Postal Code: 33060

Details

Updated on June 8, 2026 at 3:26 am
  • Property ID A11914413
  • Price $1,450,000
  • Year Built 1973
  • Property Status Active, Commercial Sale

Additional details

  • Annual Tax 19534
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional/Refinance
  • Waterfront No
  • Construction Concrete Block Construction, CBS Construction
  • Building Area 4716
  • Unit Number 1-7
  • Flood Zone AE,X
  • New Construction No
  • Association Fee 0
  • Lot Size (Sq Ft) 14096

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Christopher Lazaro

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