Address
620 Sw 7th Street, Pompano Beach, FL
Price
$ 1,450,000
Property Attributes
- MLS#F10521593
- TypeSingle Family
- Listing Status Active
- CountyBroward
- CityPompano Beach
- Area3431
- Zip33060
- Style
- Taxes$ 19534
- Price$ 1,450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.32 Acres
Data Source:
Beaches MLS (FL)
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!!
| Price History | |
|---|---|
| 2/21/2026 | Listed $1,450,000 |
General Features
| Possession | CloseOfEscrow |
|---|---|
| Construction Materials | Block |
| Property Subtype | MultiFamily |
| Tax Year | 2024 |
| Gross Income | 123600 |
| County | Broward |
| Net Operating Income | 94137 |
| Property Type | CommercialSale |
| Status | Active |
| City | Pompano Beach |
| MLS Area | 3431 |
| Lot Size Square Feet | 14096.02 |
| Tax Annual Amount | 19534 |
| Virtual Tour | https://www.propertypanorama.com/620-SW-7th-Street-17-Pompano-Beach-FL-33060/unbranded |
| Standard Status | Active |
| Property Sub Type Additional | MultiFamily |
| PostalCity | Pompano Beach |
| Legal Description | FAIRVIEW AMENDED PLAT 10-25 B LOT 12,13 BLK 15, TOG WITH POR OF ALLEY VACATED PER OR 4703/835 |
Interior Features
| Flooring | CeramicTile,Tile |
|---|
Exterior Features
| Fencing | Fenced |
|---|---|
| Parking Features | Assigned |
| Water Source | Public |
| Total Parking | 9 |
| Lot Size Area | 14096 |
| Lot Size Acres | 0.32 |
| Road Frontage Type | CityStreet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33060
Price
Taxes
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 21, 2026 8:26 PM UTC
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Data Last Updated: September 21, 2026 8:32 PM UTC
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
