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    417 7Th Ave Pompano Beach, FL 33060

    For Sale
    $1,100,000

    Six-unit rental property, high ROI potential.

    Property size:
    4,105 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a six-unit multifamily property located at 417 NW 7 Avenue in Pompano Beach, Florida, 33060. The property, built in 1968, boasts a total of 4,105 square feet and is currently generating income with all units occupied. This special purpose property offers a compelling return on investment for discerning buyers seeking a stable, cash-flowing asset in a desirable location. The property's six units provide a diversified income stream, minimizing risk and maximizing potential for long-term growth. The asking price is $1,100,000. While the lot size is not specified, the property's location in Pompano Beach offers convenient access to local amenities, transportation, and a thriving community. This is an excellent opportunity to acquire a well-maintained, income-producing property in a strong Florida market. The property's age presents potential for future value appreciation through renovations or upgrades, further enhancing its investment appeal. Serious inquiries are encouraged to explore this lucrative investment opportunity.

    Property Features for 417 7Th Ave

    General Information

    Property type
    Specialty properties
    Square Feet
    4,105 SF

    Building Details

    Year Built
    1968
    Units
    6

    HighLights

    • Six‑unit multifamily property in Pompano Beach, FL.
    • 4,105 square feet, built in 1968.
    • Fully occupied, generating current income.
    • Asking price: $1,100,000.
    • Excellent investment opportunity with strong potential for appreciation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1318183
    Latitude
    26.2354373

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    FAQs

    What type of property is this?
    Specialty property - Six-unit rental property, high ROI potential.
    Where is this specialty property located?
    The property is located at 417 7Th Ave Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Six-unit multifamily property in Pompano Beach, FL.; 4,105 square feet, built in 1968.; Fully occupied, generating current income.
    Request Owner's contact information
    417 7Th Ave 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
    417 7Th Ave Pompano Beach, FL 33060
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