Pompano Beach, FL 33060,620 SW 7th Street 1-7
Pompano Beach, FL 33060,620 SW 7th Street 1-7
Pompano Beach, FL 33060,620 SW 7th Street 1-7
Pompano Beach, FL 33060,620 SW 7th Street 1-7
Pompano Beach, FL 33060,620 SW 7th Street 1-7
Pompano Beach, FL 33060,620 SW 7th Street 1-7
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Fri
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31
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$ 1,450,000
Est. payment | /mo

0.32 Acres Lot


$ 1,450,000
Est. payment | /mo

0.32 Acres Lot

Key Details

Property Type Multi-Family, Commercial

Sub Type Income/Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10521593

Total Fin. Sqft 14096

Annual Tax Amount $19,534

Tax Year 2024

Lot Size 0.324 Acres

Property Sub-Type Income/Multi-Family

Property 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!!

Location

State FL

County Broward County

Area N Broward Dixie Hwy To Turnpike (3411-3432;3531)

Zoning B-3

Interior

Flooring Ceramic Floor, Tile Floors

Exterior

Private Pool No

Building

Foundation Concrete Block Construction

Water Public Water

Others

Security Features Fenced

Acceptable Financing Cash, Conventional/Refinance

Listing Terms Cash, Conventional/Refinance

Virtual Tour https://www.propertypanorama.com/620-SW-7th-Street-17-Pompano-Beach-FL-33060/unbranded

BeachesMLS Matrix (RAPB-F prefix)
Listed by RPM LUXE REALTY

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Floranada Elementary School

    Public | KG - 5

  • 7

    McNab Elementary School

    Public | KG - 5

  • 6

    North Andrews Gardens Elementary School

    Public | KG - 5

  • 6

    Palmview Elementary School

    Public | PK - 5

  • 5

    Cypress Elementary School

    Public | PK - 5

  • 5

    Sanders Park Elementary School

    Public | PK - 5

  • 4

    Lloyd Estates Elementary School

    Public | PK - 5

  • 4

    Charles Drew Elementary School

    Public | PK - 5

  • 3

    Pompano Beach Elementary School

    Public | PK - 5

  • 3

    Cresthaven Elementary School

    Public | PK - 5

  • 2

    C. Robert Markham Elementary School

    Public | PK - 5

  • 1

    Cross Creek School

    Public | KG - 12

  • 0

    Pride and Joy Learning Center

    Private | PK - 2

  • 0

    Kathleen C. Wright Leadership Academy

    Public | KG - 8

  • 0

    Kids in Action

    Private | PK - 1

  • 0

    Christ Church School

    Private | PK - 5

  • 0

    Shepherd of the Coast Lutheran School

    Private | PK - 8

  • 0

    Calvary Christian Academy

    Private | PK - 12

  • 0

    Pine Crest School

    Private | PK - 12

  • 0

    Hi Tech Kidz Kollege

    Private | PK - 2

Middle Schools 3
  • 4

    Pompano Beach Middle School

    Public | 6 - 8

  • 3

    James S. Rickards Middle School

    Public | 6 - 8

  • 0

    Dave Thomas Education Center

    Public | 6 - 12

High Schools 8
  • 9

    Pompano Beach High School

    Public | 9 - 12

  • 2

    Blanche Ely High School

    Public | 9 - 12

  • 1

    Northeast High School

    Public | 9 - 12

  • 0

    Cardinal Gibbons High School

    Private | 9 - 12

  • 0

    Postsecondary Alternatives for Secondary Students-

    Public | 9 - 12

  • 0

    New Life Christian Academy

    Private | 11 - 12

  • 0

    New Life Preparatory Academy

    Private | 9 - 12

  • 0

    Flagler High School

    Public | 9 - 12

School and business data provided by Attom Data.
Ty Graham

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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620 SW 7th Street 1-7