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
Show More Features
Price history
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Mortgage Calculator
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20.5%100%
30 Years
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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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.
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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.