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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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620 SW 7th St #1-7 , Pompano Beach, FL 33060
$1,450,000
Est. Payment: $7,740.89/mo
8 Bed
4 Bath
Status: active | Days on site: 80
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RPML01 - 3059403
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House Description

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.

Highlights

Listed by Rodger Morelli , 561-929-7317 RPM LUXE REALTY , 561-929-7317. REALTOR Association of Greater Miami and the Beach

Property Type

Multi-Family

Year Built

1974

County

Broward

Area

3431

Neighborhood

Fairview Amended Plat

Listing ID

A11948899

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
Air Cond:Electric
Fireplaces:
Floor:Ceramic Tile,Porcelain Tile

Exterior Features

Lot:Flood Zone,1/4 to 1/2 Acre Lot
Garage Capacity:9
Zoning:B-3
Roof:Concrete
Sewer:Public Sewer
Principal Interest
$7,741
Taxes
$1,768

Home Price

$1,450,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$290,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,740.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,740.89 $1,767.67 $0.00 $9,508.56
Yearly $92,890.74 $21,212.00 $0.00 $114,102.74
Total $2,786,722.07 $636,360.00 $0.00 $3,423,082.07

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Pompano Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-02T07:11:00.000Z

© 2026 REALTOR Association of Greater Miami and the Beach