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Multifamily Residential
$5,000,000
3215 NE 7th St Pompano Beach, FL

A11715932

82 of 98 for Sale
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an agent
  • Listed On:

    Jan 12, 2025
  • Days on Market:

    52
  • Year:

    1975
  • Taxes:

    $60,000 per year
  • Floor Description:

    Other, Tile
  • Occupancy:

  • Zoning:

  • Parking:

    Shared Parking

3215 NE 7th St Pompano Beach, FL 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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For Sale Details

  • Floor Description

    Other, Tile

  • Heating Description

    Wall/Window Units

  • Parking Description

    Shared Parking

  • Photo Count

    48

  • Property Type

    Commercial Sale

  • SqFt Total

    15000

  • Terms Considered

    All Cash, Conventional/Refinance

  • Year Built

    1975

Any questions about Multifamily Residential?
Contact our Pompano Beach Real Estate Specialist today.

Need to sell your condo at Multifamily Residential?

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We are the leading Real Estate sales team in Miami, Florida. Our agressive marketing program and result-driven strategies will sell your Multifamily Residential condo fast.
Contact us for free professional market analysis and marketing plan customized for your property.
Call our office (305) 751-1000
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