620 SW 7TH Street, #1-7
Pompano Beach, FL 33060
$1,495,000
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.
| List Price: | $1,495,000 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Living Area: | 5,247 |
| Tax Annual Amount: | $22,858 |
| Lot Size Acres: | 0.32 |
| Waterfront?: | No |
| Subdivision: | Fairview Amended Plat |
| Year Built: | 1974 |
| Association?: | No |
| Basement Yn: | No |
| Building Area Source: | PublicRecords |
| Construction Materials: | Concrete, Stucco |
| Cooling: | CentralAir, WallWindowUnits |
| Elementary School: | Cypress |
| Exterior Features: | Other |
| Heating: | Other |
| High School: | Blanche Ely |
| Listing Contract Date: | 2026-11-13 |
| Lot Features: | QuarterToHalfAcreLot |
| Middle Or Junior School: | Pompano Beach |
| MLS Area Major: | 3431 |
| Mobile Dim Units: | Feet |
| Number Of Units In Community: | 4 |
| Original List Price: | $1,495,000 |
| Parcel Number: | 494202031150 |
| Parking Total: | 9 |
| Pets Allowed: | NoPetRestrictions, Yes |
| Possession: | CloseOfEscrow |
| Postal City: | Pompano Beach |
| Roof: | Flat |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| Stories Total: | 2 |
| Tax Year: | 2026 |
| Window Features: | StormWindows |
| Current Price: | $1,495,000.00 |
| Country Subdivision: | 12011 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12011:494202031150 |
| Listing Id: | B26100111 |
|---|---|
| Property Sub Type: | Quadruplex |
| Association Fee: | $0 |
| City: | Pompano Beach |
| County Or Parish: | Broward |
| Postal Code: | 33060 |
| Number Of Units Total: | 4 |
| Accessibility Features: | None |
| Building Area Total: | 5247.0 |
| Cooling?: | Yes |
| Financial Data Source: | Owner |
| Flooring: | CeramicTile, Tile |
| Gross Income: | $127,680 |
| Heating?: | Yes |
| Laundry Features: | CommonArea, LaundryRoom |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, Conventional |
| Living Area Source: | PublicRecords |
| Lot Size Area: | 14096.0 |
| MLS Area Minor: | Ntpk - N Broward Dixie Hwy To Turnpike (3411-3432;3531) |
| Net Operating Income: | $91,302 |
| Number Of Separate Electric Meters: | 7 |
| Pool Private?: | No |
| Postal Code Plus4: | 8293 |
| Senior Community?: | No |
| State Or Province: | FL |
| Tenant Pays: | Electricity |
| Utilities: | CableConnected, ElectricityConnected, SewerConnected, WaterConnected |
| Water Source: | Public |
| Zoning: | B-3 |
| Property Sub Type Additional: | Quadruplex |
| List Office National Association Id: | 276548028 |
| Pets Allowed Yn: | Yes |
| Record Signature: | -354,997,766 |
Listing Courtesy of: RPM LUXE REALTY
Listing Agent: Rodger P Morelli
561-929-7317
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 BeachesMLS, Inc. All rights reserved.
BeachesMLS data last updated on November 14, 2026 01:17 AM - ET
Property Last Updated: November 14, 2026 01:17 AM - ET
