Pompano Beach, FL 33062 3215 NE 7th St
$5,000,000
43 more
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
SQFT • 8,831
Home Details
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!
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
Interior Features for 3215 NE 7th St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringOther, Tile
Heating Y/NYes
Window FeaturesImpactGlass
General for 3215 NE 7th St
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityPompano Beach
Construction MaterialsBlock
CoolingWallWindowUnits
CountyBroward
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingWindowUnit, WallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionATLANTIC VIEW 26-19 B LOT 20, 21
LevelsTwo
Listing TermsCash, Conventional, Other
Lot Size Square Feet15000.0
Lot Size UnitsSquareFeet
MLS Area3113
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
PostalCityPompano Beach
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofOther
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Structure TypeApartment
Tax Annual Amount60000.0
Virtual TourClick here
Waterfront Y/NNo
Year Built1975
Zoning DescriptionRM-20
Exterior for 3215 NE 7th St
Building Area Total8831.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area15000.0
Number of Buildings1
Number of Separate Electric Meters12
Open Parking Y/NNo
Parking FeaturesCommon
Private PoolNo
SpaNo
Total Parking21.0
Water SourcePublic
Additional Details
Price History
Leila Maisa
Realtor®
