Multifamily in Pompano Beach, FL 33060
Fairview, 620 SW 7th St #1-7

$1.5M3.3%
$1,450,000
4,716
SqFt
Status
OFF MARKETExpired
Size
4,716 SqFt (438 m2)
Price
$307/SqFt ($3,310/m2)
Type
Multifamily
Built
1973
HOA
N/A
MLS Number
F10521604
On Site
387 Days
Updated
184 Days ago
Page Views
0
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!!

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony
      Interior, Heating and Cooling
      • Heating Description: Other,SeparateMeters
      • Cooling Description: Other
      Building and Construction
      • Floor Description: CeramicTile,Tile
      • Year Built: 1973
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-08-19T20:00:00.000-00:00
        Taxes, Fees & More
        • Maintenance Includes: HotWater, Sewer, Trash, Water
        • Taxes: 19534
        • Total Floors in Building: 2
        • Total Units in Building: No info

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        Price History

        Current
        $1.5M
        High
        $1.5M
        Low
        $1.5M
        Total Change
        -3.3%
        $1.5M$1.5M$1.4MAug 25Nov 25Jan 26
        Date
        Event
        Price
        Change
        Price Per
        01/14/2026
        Price Reduced
        $1.5M
        -1.69%
        $307 ft2
        $3,310 m2
        11/11/2025
        Price Reduced
        $1.5M
        -1.67%
        $313 ft2
        $3,367 m2
        08/20/2025
        Listed
        $1.5M
         
        $318 ft2
        $3,424 m2
        01/14/2026
        $1.5M
        Event
        Price Reduced
        Change
        -1.69%
        Price Per
        $307 ft2
        $3,310 m2
        11/11/2025
        $1.5M
        Event
        Price Reduced
        Change
        -1.67%
        Price Per
        $313 ft2
        $3,367 m2
        08/20/2025
        $1.5M
        Event
        Listed
        Price Per
        $318 ft2
        $3,424 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Rodger Morelli • RPM LUXE REALTY • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Car-Dependent. Most errands require a car
        45

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        35

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        56

        100
        Community Snapshot
        $520K – $779K
        Price Tier
        619 - 4,716
        SqFt Range
        1968
        Year Build
        1
        Total Floors

        Subdivision Amenities

        None

        Pompano Beach
        Entry-Level
        Entry-Level Homes & Condos