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Multifamily Residential
$1,475,000
620 SW 7th St #1-7, Pompano Beach, FL

A11914413

20 of 123 for Sale
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  • Listed On:

    Nov 14, 2025
  • Days on Market:

    24
  • Year:

    1973
  • Taxes:

    $19,534 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

620 SW 7th St #1-7, Pompano Beach, FL 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 6.38% cap, ProForma 7.79% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!

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For Sale Details

  • Net Operating Income

    147000

  • Photo Count

    18

  • Property Type

    Commercial Sale

  • SqFt Total

    14096

  • Terms Considered

    All Cash, Conventional/Refinance

  • Year Built

    1973

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