Overview

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  • Status: Active
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Multi Family
  • Built: 1975
  • HOA: No info
  • MLS Number: A11715932
  • View No info
  • On Site: 25 days
  • Updated: 18 Days Ago
  • Page Views: 1

Presenting 3215 NE 7th St, a renovated 22-unit multifamily property just steps from the beach in Pompano! Ideally located near the famous pier, shopping, and dining, this property is currently operating as an 18-room motel with ultra-spacious rooms, offering flexibility to continue short-term rentals with management in place or convert back to a 22-unit multifamily. Most units feature modern kitchens, stylish bathrooms, new flooring, impact windows/doors, and central air. The property also boasts ample parking, a beautiful pool, and plenty of seating/tanning areas. Proforma rents as a multifamily project potential returns over a 7% cap rate, making it a standout investment opportunity!

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Price History

DateEventPriceChange RatePrice Per
01/12/2025Listed$5,000,000.00$566.19 ft2/$6,094.39 m2

Features

Property Details for 3215 NE 7th St, Pompano Beach, FL 33062

Multi Family current status is Active, 3215 NE 7th St is a Multi Family in , Pompano Beach, FL 33062 with property MLS ID# A11715932. This Multi Family has been listed on Best of Luxury Realty since January 12, 2025 and is currently priced at 5,000,000. This property was built in 1975.

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Area Specialist

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Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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