620 SW 7th Street, Pompano Beach, FL 33060
Local realty services provided by:Reliant Realty ERA Powered
Listed by: rodger p morelli
Office: rpm luxe realty
MLS#:F10521604
Source:RMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$307.46
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. Cash Cow!!
Contact an agent
Home facts
- Year built:1973
- Listing ID #:F10521604
- Added:80 day(s) ago
- Updated:March 27, 2026 at 02:43 PM
Rooms and interior
- Flooring:Ceramic Tile, Tile
- Living area:4,716 sq. ft.
Structure and exterior
- Roof:Concrete
- Year built:1973
- Building area:4,716 sq. ft.
- Construction Materials:Block
- Exterior Features:Porch
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$307.46
- Tax amount:$19,534 (2024)
New listings near 620 SW 7th Street
- New
$325,000Active3 beds 3 baths1,620 sq. ft.804 Cypress Grove Lane, Pompano Beach, FL 33069
MLS# B26007621Listed by: BETTER HOMES & GDNS RE FLA 1ST - New
$400,000Active3 beds 1 baths1,020 sq. ft.611 NW 18th Court, Pompano Beach, FL 33060
MLS# B26007576Listed by: UNITED REALTY GROUP INC - New
$299,000Active1 beds 1 baths772 sq. ft.1201 S Riverside Drive #201, Pompano Beach, FL 33062
MLS# B26007523Listed by: BETTER HOMES & GDNS RE FLA 1ST - New
$597,000Active3 beds 3 baths1,455 sq. ft.330 NW 33rd Ln, Pompano Beach, FL 33069
MLS# A11989996Listed by: THE KEYES COMPANY - New
$525,000Active2 beds 1 baths1,214 sq. ft.11 NE 17th Avenue, Pompano Beach, FL 33060
MLS# B26007397Listed by: LOKATION - New
$525,000Active3 beds 2 baths1,463 sq. ft.904 NE 26th Avenue, Pompano Beach, FL 33062
MLS# B26007359Listed by: LOKATION - New
$699,000Active2 beds 2 baths1,600 sq. ft.1360 S Ocean Boulevard #403, Pompano Beach, FL 33062
MLS# B26007362Listed by: VISTA REALTY - New
$442,000Active3 beds 3 baths1,420 sq. ft.1088 NW 33rd Court, Pompano Beach, FL 33064
MLS# B26007375Listed by: KELLER WILLIAMS LEGACY - New
$239,000Active2 beds 2 baths880 sq. ft.750 Pine Drive #11, Pompano Beach, FL 33060
MLS# B26007386Listed by: LOKATION - New
$349,000Active2 beds 2 baths1,445 sq. ft.4128 W Palm Aire Drive #281b, Pompano Beach, FL 33069
MLS# B26006969Listed by: BROWARD REALTY PARTNERS