620 SW 7th St #1-7 Pompano Beach FL 33060 MLS #A11948899

620 SW 7th St #1-7
Pompano Beach, FL, 33060
$1,450,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #A11948899 image #0
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.

Property Details

Price:
$1,450,000
MLS #:
A11948899
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
FAIRVIEW AMENDED PLAT
Neighborhood:
fairviewamendedplat
Listed Date:
Jan 20, 2026
Year Built:
1974
Units:
7
OtherFairview Amended PlatFairviewamendedplatFairview Amended Plat

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Schools

Interior

Cooling
Electric
Flooring
Ceramic Floor
Heating
Other

Exterior

Architectural Style
Other
Construction Materials
Concrete Block Construction, CBS Construction
Parking Spots
9
Roof
Concrete

Financial

Net Operating Income
$94,137
Tax Year
2025
Taxes
$21,212

Map

Community

Market Summary

Current real estate data for Multi Family in Pompano Beach as of Mar 09, 2026
22
Multi Family Listed
142
Avg DOM
353
Avg $ / SqFt
$977,772
Avg List Price

Property Summary

    Located in the FAIRVIEW AMENDED PLAT subdivision, 620 SW 7th St #1-7 Pompano Beach FL is a Multi Family for sale in Pompano Beach, FL, 33060. It is listed for $1,450,000

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