$1,450,000
Pompano Beach, FL 33060
MLS# A11914413
4716 sqft
1 / 18
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!!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-11-14
Status: Active
Original List Price: 1475000
List Price: $1,450,000
Current Price: $1,450,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Pompano Beach
Postal Code: 33060
Geographic Area: NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Subdivision Number: 3
Flood Zone: AE,X
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: 3341
Parcel Number: 494202031150
Zoning: B-3
General Property Information
Occupant Type: Tenant
Lot Size Area: 14096
Property Sub Type: Multi Family
Building Area Main: 4716
Year Built: 1973
Lot Size Acres: 0.32
Office/Member Information
DXORIGMLSID: SEF
Possession
Close Of Escrow: 1
Construction Materials
Block: 1
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Income and Expenses
Gross Income: 123600
Net Operating Income: 94137
Source Of Expenses
Owner Provided: 1
Price Calculations
Current Price To SqFt: 307.46
Section Details
Parcel Number MLX: 1150
Financial Information
Tax Annual Amount: 19534
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: 2026-11-01T05:16:24Z
Major Change Type: Back on Market
Price Change Timestamp: 2026-01-14T17:39:58Z
Status Change Date: 2026-11-01
Originating Details
Originating System Key: 423215267
Originating System ID: M00000151
Property Features
Possession: Close Of Escrow
Source Of Expenses: Owner Provided
Construction Materials: Block; CBS
Listing Terms: Cash; Conventional
Listing Office: RPM LUXE REALTY
Last Updated: November - 01 - 2026
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