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620 SW 7Th St Pompano Beach, FL 33060

For Sale
$1,475,000

Multi Family - Pompano Beach, FL

Type:Single Family Attached
Days on Market:
25
Last Refresh:
Dec 8 at 4:06 pm

Property Features for 620 SW 7Th St

General Information

Property type
Commercial Sale
Property subtype
Single Family Attached
Standard status
Active
Zoning
B-3
APN
494202031150

Building Details

Year built
1973
Number of units
7
Architectural style
Other

RPM LUXE REALTY (561) 929-7317 [email protected]

Listing agent Rodger Morelli (561) 929-7317 License #3059403

Listing date Nov 14, 2025

MLS# A11914413 Listing URL

Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Pompano Beach Multifamily Investment

This multifamily property in Pompano Beach, Florida, features seven units. The unit mix includes three 2-bedroom/1-bathroom units, three 1-bedroom/1-bathroom units, and one large studio. The property is 100% occupied with long-term tenants. A new roof and new impact windows have been installed. The current gross income is $123,600, with a projected gross income of $147,000. Annual expenses total $29,463, including property taxes of $19,543, water/sewer costs of $3,600, insurance costs of $5,000, lawn maintenance of $720, and exterior electric costs of $600. Apartment electricity is separately metered and paid by tenants. The current capitalization rate is 6.38%, with a pro forma capitalization rate of 7.79%. The property is zoned B-3.
Property Profile Location Intelligence

Current Use by Public Records

Haven Social Services Organization

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pompano Beach
County
Broward
State
Florida
Longitude
-80.1313588
Latitude
26.2205628

FAQs

What type of property is this?
Apartment building - Seven-unit multifamily property in Pompano Beach with long-term tenants.
Where is this apartment building located?
The property is located at 620 SW 7Th St Pompano Beach, FL.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: - 100% Occupied with Long-Term Tenants; - New Roof and New Impact Windows; - Current Gross Income of $123,600
More about this property
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