620 SW 7th Street, Pompano Beach, FL 33060
Local realty services provided by:CENTURY 21 Beggins Enterprises
Listed by: rodger p morelli
Office: rpm luxe realty
MLS#:F10521604
Source:RMLS
Price summary
- Price:$1,475,000
- Price per sq. ft.:$312.77
About this home
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 6.38% cap, ProForma 7.79% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!
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Home facts
- Year built:1973
- Listing ID #:F10521604
- Added:3 day(s) ago
- Updated:January 08, 2026 at 10:07 PM
Rooms and interior
- Living area:4,716 sq. ft.
Structure and exterior
- Roof:Concrete
- Year built:1973
- Building area:4,716 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,475,000
- Price per sq. ft.:$312.77
- Tax amount:$19,534 (2024)
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