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620 SW 7th St
Pompano Beach, FL 33060 Outer Pompano Beach/Deerfield Beach

$1,450,000 USD

Apartments For Sale • 4,650 SF

Property Details

Property Type Apartments
Total Building Size 4,650 SF
Lot Size 0.31 AC
Building Class C
Year Built 1972
Cap Rate 6.50 %
Zoning B3

34 Transit Score

60 Walk Score

                
                    Highlights
                
                                New Roof and New Impact Windows
                            
                                100% Occupied with long term tenants
                            
                                Room to raise rents , see attached docs , current cap 6.5% ; proforma 8% cap
                            
                                Excellent Tenants, Easy rent collection, Owner easily self manages
                            
                                Sold Concrete Block Construction

Property Flyers

Rent Roll & Income:Expenses

Financial Summary (Actual)

Net Operating Income: $94,137 USD (2025)

Cap Rate:	6.50 %
Total Expenses:	$29,463 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	5 min	-	2.2 mi
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	12 min	-	4.7 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	22 min	-	13.6 mi
Palm Beach International	48 min	-	36.5 mi
Miami International	58 min	-	38.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Rodger P Morelli, MBA 561-929-7317 RPM Luxe Realty

620 SW 7th St Pompano Beach, FL 33060 Outer Pompano Beach/Deerfield Beach