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620 SW 7th Street Pompano Beach, FL $ 1,450,000
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$ 1,450,000 Get more info
620 SW 7th Street
$ 1,450,000
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620 SW 7th Street

Pompano Beach, FL, 33060
$ 1,450,000
Baths0.0 Sq 4,716

Monthly Estimate*

$ 8,928

620 SW 7th Street, Pompano Beach, FL 33060 - Image 1
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View a Virtual Tour
Studio

Multi-Family Home for sale in Pompano Beach, FL

for $1,450,000. This 4,716 square foot home was built in 1973.

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!!

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Multi-Family Active

Price

$ 1,450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 19,534

Style

Year Built

1973

Town/City

Pompano Beach

County/Region

Broward

MLS | Web ID

F10521604
Features
General
Sewer Public Sewer
Heating Other Separate Meters
Cooling Other
Utilities Cable Available
Possession Close Of Escrow
Roof Concrete
HOA Fee 0
Association Fee Includes Hot Water Sewer Trash Water
Patio/Porch Features Porch Balcony
Construction Materials Block
Year Built 1973
Property Subtype Quadruplex
Tax Year 2024
County Broward
Net Operating Income 94137
New Construction false
Property Type Residential Income
Subdivision Name Fairview Amd 10-25 B
Status Active
City Pompano Beach
Number Of Units Total 0
MLS Area 3431
Tax Annual Amount 19534
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/620-SW-7th-St-17-Pompano-Beach-FL-33060/unbranded
Standard Status Active
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 Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Exterior Amenities Balcony
Lot Features 1/4 to 1/2 Acre Lot
Waterfront Y/N false
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* Excluded Features
List By
Rodger P Morelli

Listing Agent

Affordability Calculator

$10,556
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,928
Monthly Property Taxes
$1,628
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
2/21/2026$1,450,000 Listed Price

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620 SW 7th Street, Pompano Beach, FL, 33060 is a Multi-Family Home for sale at $1,450,000 with 4,716 sqft. 620 SW 7th Street is a studio with 0.0 baths and was built in 1973. The property's zip code is 33060 which is in Pompano Beach, FL

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