3205 SE 7th Street, Pompano Beach, FL 33062
- Added:
- Jan 6, 2026
- Days on Market:
- 166
- Last Refresh:
- Jun 21 at 12:06 pm
Property Features for 3205 SE 7th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-20
- Bedrooms
- 1
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bathroom 1
- Appliances
- Electric Range, Refrigerator
- Standard status
- Active
- APN
- 494306ns0150
- Size
- 560 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FAIRBANKS MANOR CO-OP UNIT 206
- Tax Annual Amount
- 3219
- Expense value
- 100
- Expense
- Application Fee
- Expense freq.
- One Time
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Flooring type
- Vinyl
- Building materials
- CBS, Concrete
Listing agent Nicole Prince License #3546278 (561) 719-3305
Listing office Tolliver Prince Realty 700 S Rosemary Ave Suite 204-A10, Palm Beach, FL (561) 306-4303
Listing date Jan 6, 2026
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Five‑minute walk to the beach.
- New impact windows and doors, new central AC, newer water heater, fresh paint, new kitchen ceiling, and new flooring throughout.
- Low HOA fees.
- Located in a well‑kept boutique 55+ community with only 16 units, featuring a heated pool and BBQ area.
- South‑facing unit with peaceful pool views.
- Rentals allowed after two years of ownership.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.5k | $29.40 |
| − Vacancy | −$823 | −$1.47 |
| EGI | $15.6k | $27.93 |
| − OpEx | −$7.0k | −$12.57 |
| NOI | $8.6k | $15.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.093221
- Latitude
- 26.227105
