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Residential Income
$1,450,000
620 SW 7th St #1-7 Pompano Beach, FL

A11948899

351 of 542 for Sale
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  • Listed On:

    Jan 20, 2026
  • Days on Market:

    35
  • Year:

    1974
  • Taxes:

    $21,212 per year
  • Floor Description:

    Ceramic Floor
  • 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 6.5% cap, ProForma 8% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed.

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For Sale Details

  • Floor Description

    Ceramic Floor

  • Heating Description

    Other

  • Net Operating Income

    94137

  • Photo Count

    15

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1974

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