ActiveIncome/MultiFamily
620 SW 7th St # 7, Pompano Beach FL 33060
Pompano Beach, FL 33060 · MLS #A11914413The residence
About this property
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!!
At a glance
Property details
- Property type
- Income/MultiFamily
- Listing type
- For sale
- Status
- Active
- Year built
- 1973
- Lot size
- 14,096 sq. ft.
- County
- Broward County
- Days on market
- 147
- Original list price
- $1,475,000
- Listing date
- November 14, 2025
- Annual property tax
- $19,534
- Listing agent
- Rodger Morelli
- Listing office
- RPM LUXE REALTY
- MLS number
- A11914413
Neighborhood & location
Explore Pompano Beach
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Broward County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $7,332
- Property taxes
- $1,628
- Homeowners insurance
- $725
- Estimated total
- $9,685
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Listing courtesy of RPM LUXE REALTY, 561-929-7317.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.