620 SW 7th St #1-7, Pompano Beach FL 33060 | Broward County | A11948899
- $1,450,000
- $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.
Have a question about this Pompano Beach listing?
Talk directly with Christopher Lazaro, your Pompano Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 7th St #1-7
-
City: Pompano Beach
-
Zip/Postal Code: 33060
Details
Updated on June 8, 2026 at 3:26 am-
Property ID A11948899
-
Price $1,450,000
-
Year Built 1974
-
Property Status Active, Residential Income
Additional details
-
Flooring Ceramic Floor
-
Cooling Electric
-
Association Type None
-
Building FAIRVIEW AMENDED PLAT
-
Area Fairview Amended Plat
-
Annual Tax 21212
-
Association No
-
Private Pool No
-
Listing Terms All Cash, Conventional
-
Waterfront No
-
Subdivision FAIRVIEW AMENDED PLAT
-
Total Stories 2
-
Heating Other
-
Structure Type Quadruplex, Fourplex
-
Tax Year 2025
-
Construction Concrete Block Construction, CBS Construction
-
Year Built Details Effective Year Built
-
Flood Zone AE,X
-
New Construction No
-
Style Fourplex
-
Lot Size (Sq Ft) 0
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees