Home for Sale
$970,000
3,269 sqft
1109 NW 6th Ave, Pompano Beach, FL 33060
Blanche Ely
Pompano Beach, FL 33060 · MLS# A11948899 · Active · FAIRVIEW AMENDED PLAT
Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1's , 3 - 1/1's and 1 large studio. Easy rent collection and Seller also easily self-manages the property. The Current Gross Income is $123,600. There is room to increase the rents and the Projected Gross Income will be $147,000. Annual Expenses are $29,463 which include Property Taxes:$19543, Water/Sewer:$3600, Insurance $5000, Lawn $720, Exterior Electric $600. Apartment electricity is metered separately and paid by Tenants. Current 6.5% cap, ProForma 8% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
620 SW 7th St #1-7, Pompano Beach, FL 33060 · See all Pompano Beach homes for sale
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620 SW 7th St #1-7 is a multi-family home for sale in Pompano Beach, FL 33060. This property was listed for sale on January 20, 2026 by RPM LUXE REALTY, it's currently listed at $1,450,000. This listing's school district is Broward County Public Schools.