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620 SW 7th St #1-7, Pompano Beach FL 33060

Multi-family For Sale
$1,450,000

BTC: 21.32352941

ETH: 14,500.00000000

76 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1974
Lot:
No Data
Heating:
Other
Price/sqft:
No Data
Cooling:
Electric
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Other

    Cooling

    • Electric

  • Other Property Information

    • Parcel Number: 494202031150

    • Zoning: B-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $21,212

  • Source details

    • MLS ID: A11948899

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Window Features: Clear Impact Glass / Complete Impact Glass

    • Architectural Style: Other

    • Subdivision Name: FAIRVIEW AMENDED PLAT

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RPM LUXE REALTY