3208 SE 7th St Pompano Beach, FL 33062

FOR SALE - Active
$6,125,000

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 15,265 ft2/1,418.16 m2
  • Price Per: $401.24 ft2/$4,318.96 m2
  • Type: Commercial/Investment
  • Built: 1965
  • HOA: No info
  • MLS Number: A11658081
  • View No info
  • On Site: 69 days
  • Updated: Listing Refreshed: 69 Days Ago

Great opportunity to reposition a mid rise building in the booming Pompano Beach market. Location is AAA. 1 block East of Intercoastal and 2 blocks west of the beach. Rare 4 floor building. Building could not be replaced under current zoning code. Adjacent lot new townhome construction $2.5million+. Ritz Carlton development 1/2 mile away. 2 block walk to beach access. Building has new roof, new windows, new elevator. High demand area for both short and mid term rentals. Current ownership 23 years and in place rents significantly below market. Building has 14 FPL meters and 1 house meter. Billions of dollars of high end development in the immediate area.

Price History

DateEventPriceChange RatePrice Per
09/12/2024Listed$6,125,000.00$401.24 ft2/$4,318.96 m2

Contact Information

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