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620 7th Street, Pompano Beach, FL 33060
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620 7th Street
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Priced at Only: $1,450,000
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Address: 620 7th Street, Pompano Beach, FL 33060
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  • MLS#: F10521604 ( Residential )
  • Street Address: 620 7th Street
  • Viewed: 20
  • Price: $1,450,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 0
  • Garage / Parking Spaces: 1
  • Days On Market: 195
  • Additional Information
  • Geolocation: 26 / -80
  • County: Broward
  • City: Pompano Beach
  • Zipcode: 33060
  • Subdivision: Fairview Amd 10 25 B
  • Provided by: Compass Florida, LLC
  • DMCA Notice
  • 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!!
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Features
Building and Construction
  • Exterior Features: Balcony
  • Fencing: Fenced
  • Flooring: Carpet, Tile
  • Roof: Barrel
Land Information
  • Lot Features: Fruit Tree(s)
Garage and Parking
  • Parking Features: Covered, Driveway, Guest, On Street, Paver Block
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air
  • Heating: Central
  • Road Frontage Type: Public Road
  • Sewer: Public Sewer
Finance and Tax Information
  • Tax Year: 2017
Other Features
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Gas Range, Microwave, Oven, Refrigerator, Washer, Water Heater, Water Purifier, Water Softener
  • Legal Description: LAGUNA PONDS SEC 2PB 149-75 T-19105LOT 12 BLK 6LOT SIZE 6037 SQ FTOR 20000-0776 0699 4COC 26125-0357 12 2007 5
  • Levels: One
  • Parcel Number: 30-59-27-027-0580
  • Views: 20
  • Zoning Code: 0101
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Nearby Subdivisions
Amended Of Sumters Add   American Townsites Co Sub No 1   Avondale   Avondale 6-29 B   Boulevard Park Isles Sec   Brentwood Park 18-11 B   Center Court Condo   Cole Add To Pompano   Crestview 30-16 B   Cypress Cove   Cypress Cove 43-24 B   Cypress Creek Estates Sec   Cypress Harbor   Cypress Harbor 1st Sec   Cypress Harbor 2nd Sec   Cypress Harbor 4th Sec   Cypress Harbor 4th Sec 50   Cypress Harbor 5th Sec   Cypress Harbor 5th Sec 50   Cypress Isles Estates Fou   Cypress Isles Estates/cypress    Cypress Lake Estates   Cypress Lake Estates 52-3   Eco 201   Fairview Amd 10-25 B   Garden Isles   Garden Isles Sec 2   Garden Isles Sec 2 49-6 B   Garden Isles Sec 5   Garden Isles Sec One   High Ridge Estates   Hinson Add   Hinson Add 2-7 Pb Lots 18 To 2   Hunters Manor   Kendall Green Sec   Kendall Green Sec A 43-49   Kendall Green Sec C   Kendall Green Sec D 51-6   Lafayette Homesites   Liberty Park Estates Sec   Lyons Park 33-28 B   Lyons Park First Add 40-2   Major-rolle Add To Pompan   Monticello Park Amd   Norwood 39-21 B   Norwood Sec B 40-6 B   Ocean Drive Estates   Ocean Way Park   Old Pompano   Palm Tree   Park Place At Pompano Con   Perry & Wells Sub Corr   Pine Crest Amd 7-13 B   Pine Crest First   Pine Crest First Add 7-34   Pine Tree Park 2 71-30 B   Pinecrest Acres 33-17 B   Pinecrest Acres-resub Of Porti   Pinehurst 513 B   Pinewood Heights 23-23 B   Pompano   Pompano Bch Commy   Pompano Terrace   Saxons Sub In Ne1/4   Scott Park   Scotts Park   Scotts Park First Add 23-   Smoaks Add To Pompano   Snug Harbor   Snug Harbor Sec One   Snug Harbor Sec Three 42-   Snug Harbor Sec Two 39-38   Tod Acres Country Club Se   Triangle Add To Pompano   Vera Villas 1st Sec   Vera Villas 2nd Sec 48-47   Virginian Apartments   Waterview Estates 46-26 B   Waterview Lodge Co-op   Waverly Place Amd   Westfield Sec B Resub Por  
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Headshot for Associate Robert A. Pelletier Jr
  1. Robert A. Pelletier Jr, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 239.218.1565
  4. Mobile: 239.218.1565
  5. Fax: 352.503.4780
  6. robertsellsparadise@gmail.com