620 SW 7th St #1-7, Pompano Beach, FL 33060

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620 SW 7th St #1-7,Pompano Beach, FL 33060
$1,450,000
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: rodger morelli
Office: rpm luxe realty
MLS#:A11948899
Source:SEFMLS

Price summary

  • Price:$1,450,000

About this home

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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Home facts

  • Year built:1974
  • Listing ID #:A11948899
  • Updated:February 02, 2026 at 11:01 AM

Heating and cooling

  • Cooling:Electric

Structure and exterior

  • Roof:Concrete
  • Year built:1974

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,450,000
  • Tax amount:$21,212 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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