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$6,125,000
For Sale

3208 SE 7th St

·

Broward

Listed on September 12, 2024

MultiFamily

MLS® # A11658081
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$15,265 sqft
Parkings
0
Maintenance Fees
-
Annual Tax
$44,898

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.

Union Street Partners, LLC

Features & Details

Learn about the features and details of 3208 SE 7th St

Property Details

  • Property Type
    MultiFamily
  • Living Area
    15,265 sqft
  • Year Built
    1965
  • Lot Size
    12,600 sqft
  • Stories
    -
  • Annual Tax
    $44,898.00
  • List Date
    9/12/2024
  • Updated
    6/7/2025
  • Last Checked
    Recent
  • MLS Number
    #A11658081
  • Brokerage
    Union Street Partners, LLC
  • Postal Code
    33062
  • Area
    Broward
  • City
    -

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $6,125,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Heating
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    No
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    Assessment Year
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

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Virtual Tour

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Real estate trends

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Explore Broward

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Mortgage Calculator
Estimate monthly payments for 3208 7th St
20.5%100%
Estimated Monthly Payment
$24,672
Cash Flow Analysis
Mortgage Payment:
$24,672
Monthly Payment:
$28,413.5
Break Even Down Payment:
100%
Cash Flow
$0

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About this property

Discover this impressive multifamily in the heart of Beach. This well-appointed property offers 15,265 square feet of living space situated on a 12,600 square foot lot. Originally built in 1965. Offered at $6,125,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 3208 SE 7th St

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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