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

Nykki Paul

+1(954) 665-9209
$ 1,450,000
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620 SW 7th St #1-7 Pompano Beach, FL 33060

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Fairview Amended Plat

MLS Listing ID A11948899

Style Fourplex

HOA Y/N No

Year Built 1974

Annual Tax Amount $21,212

Tax Year 2025

Property Sub-Type Quadruplex

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.

Location

State FL

County Broward

Community Fairview Amended Plat

Area 3431

Zoning B-3

Interior

Heating Other

Cooling Electric

Flooring Ceramic Tile, Porcelain Tile

Window Features Impact Glass

Exterior

Pool None

Utilities Available Cable Available

Roof Type Concrete

Total Parking Spaces 9

Private Pool No

Building

Lot Description Flood Zone, 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type CBS (Concrete Block Structure),Block

Others

Tax ID 494202031150

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11948899

Miami Association of Realtors (SEFMIAMI MLS)
Listed by RPM LUXE REALTY
Nykki Paul

Nykki Paul

Agent License ID: sl3636544

+1(954) 665-9209

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620 SW 7th St #1-7