$1,495,000
Pompano Beach, FL
MLS# B26100077
5247 sqft
1 / 39
Property Description
EXCEPTIONAL 7-UNIT MULTIFAMILY INVESTMENT PROPERTY! NEW ROOF, NEW IMPACT WINDOWS & RECENTLY COMPLETED 40-YEAR STRUCTURAL AND ELECTRICAL RECERTIFICATION! This well-maintained, 100% occupied property features long-term tenants and a desirable unit mix of three 2BR/1BA units, three 1BR/1BA units, and one spacious studio. Current annual gross income of $127,680 with significant room to increase rents. Annual operating expenses include property taxes of $22,858, water/sewer/trash $7,200, insurance $5,000, landscaping $720, and exterior electricity $600. Easy rent collection, and the seller easily self-manages the property. The seller has done all the hard work for the next buyer. With major capital improvements complete, this is a stabilized, income-producing asset with excellent upside.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-11-13
Status: Active
Original List Price: 1495000
List Price: $1,495,000
Current Price: $1,495,000
Listing Service: Full Service
Location and Legal
County Or Parish: Broward
Municipality Type: Incorporated
Postal Code: 33060
Geographic Area: NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Subdivision Number: 3
Flood Zone: AE,X
Property Description: MULTIFAMILY 2-9 UNITS
Country: United States
Street Number: 620
Street Direction Prefix: SW
Street Name: 7TH
Street Suffix: Street
Unit Number: 1-7
State Or Province: FL
Postal Code +4: 8293
Area: 3431
Parcel Number: 494202031150
Zoning: B-3
General Property Information
Number Of Units Total: 7
Accessibility Features YN: No
Lot Size Area: 14096
Stories Total: 2
Property Sub Type: Multi Family
Building Area Main: 5247
Building Area Source: Public Records
Year Built: 1974
Parking Total: 918
Lot Size Acres: 0.32
Office/Member Information
DXORIGMLSID: RML
Electric
Other: 1
Flooring
Ceramic Tile: 1
Tile: 1
Special Listing Conditions
Standard: 1
Documents Available
Other Available Information: 1
Rent Rolls: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 8
Number Of Separate Electric Meters: 7
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Heating
Other: 1
Construction Materials
Concrete Block - With Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Flat: 1
Security Features
Other: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 36378
Gross Income: 127680
Real Estate Taxes: 22858
Utilities Expense: 7200
Insurance Expense: 5000
Net Operating Income: 91302
Source Of Expenses
Owner Provided: 1
Cooling
Central Air: 1
Electric: 1
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Text Listing Agent: 1
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 22858
Tax Year: 2026
Tax Legal Description: FAIRVIEW AMENDED PLAT 10-25 B LOT 12,13 BLK 15, TOG WITH POR OF ALLEY VACATED PER OR 4703/835
Status Change Information
Major Change Timestamp: 2026-11-13T21:04:31Z
Major Change Type: New Listing
Status Change Date: 2026-11-13
Unit Details
Number Of Units Leased: 7
Originating Details
Originating System Key: 20261113173626044948000000
Originating System ID: M00000170
Property Features
Documents Available: Other Available Information; Rent Rolls
Electric: Other
Flooring: Ceramic Tile; Tile
Heating: Other
Possession: Close Of Escrow
Special Listing Conditions: Standard
Source Of Expenses: Owner Provided
Construction Materials: Concrete Block - With Stucco
Cooling: Central Air; Wall/Window Unit(s)
Listing Terms: Cash; Conventional
Roof: Flat
Security Features: Other
Sewer: Public Sewer
Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Listing Office: RPM LUXE REALTY
Last Updated: November - 13 - 2026
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