Overview
Closing Costs Calculator- 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!
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
01/12/2025 | Listed | $5,000,000.00 | $566.19 ft2/$6,094.39 m2 |
Features
Property Details for 3215 NE 7th St, Pompano Beach, FL 33062
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Window Unit, Wall Furnace
- Cooling Description: No info
- Building and Construction
- Floor Description: Other, Tile
- Windows/Treatment: No info
- Construction Type: Apartment
- Year Built: 1975
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Multi Family
- Property Subtype: Commercial Sale
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 01/12/2025
- Area: 3113
- Brokered By: Fausto Commercial Realty Consultants Inc
- Legal Description: ATLANTIC VIEW 26-19 B LOT 20,21
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $60,000.00
- Type of building: No info
- Occupancy Information: Call Agent
- Occupancy Percentage: No info
- Property Type Description: No info
- Parking Description: Common
- Parking Spaces: 21
- Number of Units: No info
- Number of Floors: No info
- Number of Stories: No info
- Zoning Information: R M-20
- Total Acreage: No info
- Acreage Description: No info