3208 SE 7th St Active

Pompano Beach,FL 33062

$ 6125000

- Bed

0 Bath

15265 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,265 sqft

Price per Sqft $401

MLS Listing ID A11658081

Year Built 1965

Annual Tax Amount $44,898

Lot Size 0.289 Acres

Property Description

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.

Location

State FL

County Broward

Area 3121

Building

Story 4

Structure Type Block

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