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.

Address

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Address: 7th St #1-7
City: Pompano Beach
State/county: Broward County
Zip/Postal Code: 33060
Area: FAIRVIEW AMENDED PLAT

Details

Updated on February 20, 2026 at 3:47 am

Property ID A11948899
Price $1,450,000
Year Built 1974
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Other
BuildingAreaUnits Square Feet
BuildingName FAIRVIEW AMENDED PLAT
ConstructionMaterials Concrete Block Construction, CBS Construction
ContractStatusChangeDate 2026-01-20
Cooling Electric
DaysOnMarket 30
DocumentsAvailable Investment Analysis, Copy Of Lease(S), Other Available Information, Rent Rolls
ExpirationDate 2027-01-20
Flooring Ceramic Floor
Heating Other
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 561-929-7317
ListingTerms All Cash, Conventional
LotFeatures 1/4 To Less Than 1/2 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Fairview Amended Plat
MajorChangeTimestamp January 20, 2026 at 04:05pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp February 19, 2026 at 05:02pm
NetOperatingIncome 94137
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 7
OnMarketDate 2026-01-20
OperatingExpense 29463
OriginalEntryTimestamp January 20, 2026 at 04:05pm
OriginalListPrice 1450000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 494202031150
ParkingTotal 9
PhotosChangeTimestamp February 19, 2026 at 05:10pm
PhotosCount 11
PostalCodePlus4 8293
PriceChangeTimestamp January 20, 2026 at 04:05pm
PublicSurveyRange 49
PublicSurveyTownship 49
RentIncludes Gardener, Sewer, Trash Collection, Water
Roof Concrete
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent, Showing Assist
SourceSystemKey 425610227
StateOrProvince FL
StatusChangeTimestamp January 20, 2026 at 04:05pm
Stories 2
StoriesTotal 2
StreetDirPrefix SW
StreetName 7th St #1-7
StreetNumber 620
StreetNumberNumeric 620
StructureType Quadruplex, Fourplex
SyndicationRemarks 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.
TaxAnnualAmount 21212
TaxLegalDescription FAIRVIEW AMENDED PLAT 10-25 B LOT 12, 13 BLK 15, TOG WITH POR OF ALLEY VACATED PER OR 4703/835
TaxYear 2025
TotalActualRent 123600
WindowFeatures Clear Impact Glass, Complete Impact Glass
YearBuiltDetails Effective Year Built
Zoning B-3