Pompano Beach, FL 33060,620 SW 7th St #1-7
Pompano Beach, FL 33060,620 SW 7th St #1-7
Pompano Beach, FL 33060,620 SW 7th St #1-7
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$1,450,000
Est. payment /mo
4,716 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,716 sqft

Price per Sqft $307

MLS Listing ID A11914413

HOA Y/N Yes

Year Built 1973

Annual Tax Amount $19,534

Lot Size 0.324 Acres

Property Sub-Type Multi Family

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 $29,463 which include Property Taxes:$19543, Water/Sewer:$3600, Insurance $5000, Lawn $720, Exterior Electric $600. Apartment electricity is metered separately and paid by Tenants. Current 6.5% cap, ProForma 8% 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

Area 3431

Exterior

Private Pool Yes

Building

Structure Type Block

Others

Tax ID 494202031150

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11914413


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by RPM LUXE REALTY

Schools and Properties Nearby

SCHOOLS PROPERTIES
Elementary Schools 20
  • 8

    Floranada Elementary School

    Public | KG - 5

  • 7

    McNab Elementary School

    Public | KG - 5

  • 6

    North Andrews Gardens Elementary School

    Public | KG - 5

  • 6

    Palmview Elementary School

    Public | PK - 5

  • 5

    Cypress Elementary School

    Public | PK - 5

  • 5

    Sanders Park Elementary School

    Public | PK - 5

  • 4

    Lloyd Estates Elementary School

    Public | PK - 5

  • 4

    Charles Drew Elementary School

    Public | PK - 5

  • 3

    Pompano Beach Elementary School

    Public | PK - 5

  • 3

    Cresthaven Elementary School

    Public | PK - 5

  • 2

    C. Robert Markham Elementary School

    Public | PK - 5

  • 1

    Cross Creek School

    Public | KG - 12

  • 0

    Pride and Joy Learning Center

    Private | PK - 2

  • 0

    Kathleen C. Wright Leadership Academy

    Public | KG - 8

  • 0

    Kids in Action

    Private | PK - 1

  • 0

    Christ Church School

    Private | PK - 5

  • 0

    Shepherd of the Coast Lutheran School

    Private | PK - 8

  • 0

    Calvary Christian Academy

    Private | PK - 12

  • 0

    Pine Crest School

    Private | PK - 12

  • 0

    Hi Tech Kidz Kollege

    Private | PK - 2

Middle Schools 3
  • 4

    Pompano Beach Middle School

    Public | 6 - 8

  • 3

    James S. Rickards Middle School

    Public | 6 - 8

  • 0

    Dave Thomas Education Center

    Public | 6 - 12

High Schools 8
  • 9

    Pompano Beach High School

    Public | 9 - 12

  • 2

    Blanche Ely High School

    Public | 9 - 12

  • 1

    Northeast High School

    Public | 9 - 12

  • 0

    Cardinal Gibbons High School

    Private | 9 - 12

  • 0

    Postsecondary Alternatives for Secondary Students-

    Public | 9 - 12

  • 0

    New Life Christian Academy

    Private | 11 - 12

  • 0

    New Life Preparatory Academy

    Private | 9 - 12

  • 0

    Flagler High School

    Public | 9 - 12

School and business data provided by Attom Data.

Learn More About LPT Realty

Jessica Dorregaray

Jessica Dorregaray

+1(786) 876-1998

Agent | License ID: 3511327

Agent License ID: 3511327

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620 SW 7th St #1-7