620 SW 7TH Street 1-7, Pompano Beach, FL (MLS# B26100077)

620 SW 7TH Street 1-7, Pompano Beach, FL

New Listing
$1,495,000
Property Type: Commercial Sale Square Footage: 5,247 Status: Active
Current Price: $1,495,000 List Date: 11/13/2026 Last Modified: 11/13/2026

Overview

Description

EXCEPTIONAL 7-UNIT MULTIFAMILY INVESTMENT PROPERTY! NEW ROOF, NEW IMPACT WINDOWS & RECENTLY COMPLETED 40-YEAR STRUCTURAL AND ELECTRICAL RECERTIFICATION! This well-maintained, 100% occupied property features long-term tenants and a desirable unit mix of three 2BR/1BA units, three 1BR/1BA units, and one spacious studio. Current annual gross income of $127,680 with significant room to increase rents. Annual operating expenses include property taxes of $22,858, water/sewer/trash $7,200, insurance $5,000, landscaping $720, and exterior electricity $600. Easy rent collection, and the seller easily self-manages the property. The seller has done all the hard work for the next buyer. With major capital improvements complete, this is a stabilized, income-producing asset with excellent upside.

Listing Details MLS# B26100077

General Property Information

Property Sub Type
Multi Family
Number Of Units Total
7
Building Area Main
5247
Building Area Source
Public Records
Year Built
1974
Parking Total
918
Lot Size Area
14096
Lot Size Acres
0.32
Accessibility Features YN
No
Stories Total
2

Property Features

Documents Available: Other Available Information; Rent Rolls Electric: Other Flooring: Ceramic Tile; Tile Heating: Other Possession: Close Of Escrow Special Listing Conditions: Standard Source Of Expenses: Owner Provided Construction Materials: Concrete Block - With Stucco Cooling: Central Air; Wall/Window Unit(s) Listing Terms: Cash; Conventional Roof: Flat Security Features: Other Sewer: Public Sewer Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1495000
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Broward
Street Number
620
Street Direction Prefix
SW
Street Name
7TH
Street Suffix
Street
Unit Number
1-7
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33060
Postal Code +4
8293
Area
3431
Geographic Area
NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Parcel Number
494202031150
Subdivision Number
3
Zoning
B-3
Flood Zone
AE,X
Property Description
MULTIFAMILY 2-9 UNITS

Financial Information

Tax Annual Amount
22858
Tax Year
2026
Tax Legal Description
FAIRVIEW AMENDED PLAT 10-25 B LOT 12,13 BLK 15, TOG WITH POR OF ALLEY VACATED PER OR 4703/835

Status Change Information

Major Change Timestamp
2026-11-13T21:04:31Z
Major Change Type
New Listing
Status Change Date
2026-11-13

More Information

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
7
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
8

Income and Expenses

Annual Total Expense
36378
Gross Income
127680
Insurance Expense
5000
Net Operating Income
91302
Real Estate Taxes
22858
Utilities Expense
7200

Unit Details

Number Of Units Leased
7

Originating Details

Originating System Key
20261113173626044948000000
Originating System ID
M00000170
IDX
Listing Office: RPM LUXE REALTY
Source MLS Verified
Last Updated: November - 13 - 2026
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