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

Pompano Beach, FL, 33060
$ 1,450,000
Bedrooms2 Baths1.0

Monthly Estimate*

$ 8,928

620 SW 7th St #1-7, Pompano Beach, FL 33060 - Image 1
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620 SW 7th St #1-7, Pompano Beach, FL 33060 - Image 8
620 SW 7th St #1-7, Pompano Beach, FL 33060 - Image 9
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Multi-Family Home for sale in Pompano Beach, FL

for $1,450,000 with 2 bedrooms and 1 full bath. This home was built in 1974.

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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Multi-Family Active

Price

$ 1,450,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 21,212

Style

Year Built

1974

Town/City

Pompano Beach

County/Region

Broward

MLS | Web ID

A11948899
Features
General
Sewer Public Sewer
Heating Other
Cooling Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Concrete
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1974
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
County Broward
Net Operating Income 94137
Operating Expense 29463
Property Type Residential Income
Subdivision Name FAIRVIEW AMENDED PLAT
Rent Includes Gardener Sewer Trash Collection Water
Full Baths 1
Status Active
City Pompano Beach
Zoning Description B-3
Number Of Units Total 7
MLS Area 3431
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Effective Year Built
Tax Annual Amount 21212
MLS Area Minor N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11948899
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 123600
Property Sub Type Additional Quadruplex
Legal Description FAIRVIEW AMENDED PLAT 10-25 B LOT 12 13 BLK 15 TOG WITH POR OF ALLEY VACATED PER OR 4703/835
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N true
Window Features Impact Glass
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features 1/4 to 1/2 Acre Lot
Total Parking 9
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Rpm Luxe Realty

Broker

561-929-7317

Contact

Affordability Calculator

$10,696
Per Month
83%
17%
0%
Monthly Principal & Interest
$8,928
Monthly Property Taxes
$1,768
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/20/2026$1,450,000 Listed Price

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620 SW 7th St #1-7, Pompano Beach, FL, 33060 is a Multi-Family Home for sale at $1,450,000. 620 SW 7th St #1-7 has 2 bedrooms, 1.0 baths, and was built in 1974. The property's zip code is 33060 which is in Pompano Beach, FL

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