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    620 SW 7Th St, Unit 1-7 Pompano Beach, FL 33060

    For Sale
    $1,475,000

    Residential Income,Fourplex - Pompano Beach, FL

    Property size:
    4,716 SF
    Days on Market:
    28
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 620 SW 7Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-3
    APN
    494202031150
    Parking
    9
    Size
    4,716 SF

    Building Details

    Year built
    1973
    Floors in Building
    2
    Flooring type
    Tile
    Building materials
    Block, Concrete
    Roof type
    Concrete
    Architectural style
    Other

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

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

    Listing date Nov 11, 2025

    MLS# F10521604 Listing URL

    Copyright © 2025 BeachesMLS / Matrix. 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 Income Property

    This seven-unit multifamily property is located in Pompano Beach, Florida. The property is currently 100% occupied with long-term tenants. The unit mix includes three 2-bedroom/1-bathroom units, three 1-bedroom/1-bathroom units, and one large studio. The property has a new roof and new impact windows. The current gross income is $123,600, with a projected gross income of $147,000. Annual expenses are $29,463, including property taxes, water/sewer, insurance, lawn care, and exterior electric. Apartment electricity is separately metered and paid by tenants. The property is currently operating at a 6.38% cap rate, with a pro forma cap rate of 7.79%. The property size is 4,716 square feet and 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

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    FAQs

    What type of property is this?
    Apartment building - Seven-unit multifamily property with long-term tenants and income potential.
    Where is this apartment building located?
    The property is located at 620 SW 7Th St, Unit 1-7 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: Provides immediate and consistent income stream.; - New Roof and Impact Windows: Reduces future maintenance costs and provides enhanced protection.; - High Current Gross Income: $123,600 annually, demonstrating strong revenue generation.
    (561) 929-7317
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    620 SW 7Th St, Unit 1-7 Pompano Beach, FL 33060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    620 SW 7Th St, Unit 1-7 Pompano Beach, FL 33060
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