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Eddy Sua

[email protected] +1(561) 213-7653

$ 1,500,000

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

4,716 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,716 sqft

Price per Sqft $318

Subdivision Fairview Amd 10-25 B

MLS Listing ID F10521604

Style Fourplex

Construction Status Resale

Year Built 1973

Annual Tax Amount $19,534

Tax Year 2024

Property Sub-Type Fourplex

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 $35,163 which include Property Taxes:$19543, Water/Sewer:$7200, Insurance $5000, Lawn $720. Electric is paid by Tenants. Current 6.04% cap , ProForma 7.40% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!

Location

State FL

County Broward County

Area N Broward Dixie Hwy To Turnpike (3411-3432;3531)

Zoning B-3

Interior

Heating Other

Cooling Other

Flooring Ceramic Floor, Tile Floors

Exterior

Roof Type Concrete Roof

Building

Lot Description 1/4 To Less Than 1/2 Acre Lot

Story 2.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is

Virtual Tour https://www.propertypanorama.com/620-SW-7th-St-17-Pompano-Beach-FL-33060/unbranded

Listed by RPM LUXE REALTY

Eddy Sua

Broker | License ID: 3246138

+1(561) 213-7653

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