3215 NE 7th St, Pompano Beach FL 33062
Pompano BeachMap
For Sale
Price | $5,000,000.00 |
Listing ID | A11715932 |
Status | For Sale |
Address Map |
3215 NE 7th St, Pompano Beach FL 33062 |
Area | Pompano Beach |
Beds | |
Baths | |
Square Ft | |
Lot Size | 15,000 |
Year Built | 1975 |
Taxes | $60,000 |
Description
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!
Features
Map Location
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Miami Association of Realtors MLS data last updated on 2/12/2025 1:00:00 AM