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$1,450,000 -$25,000 (-1.69%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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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. Cash Cow!!

Full Property Details for 620 SW 7th Street 1-7

General

  • Price: $1,450,000
  • Taxes: (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Ft_Lauderdale
  • MLS ID: F10521604
  • Updated: 1/14/2026
  • Added to Site: 150 day(s) ago

Interior

  • Flooring: Ceramic Floor, Tile Floors

Location

  • Area: 3431
  • County: Broward County
  • Subdivision: Fairview Amd 10-25 B

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • Sewer: Municipal Sewer
  • Cable Available: Yes

Structural Information

  • Architectural Style: Fourplex
  • Construction: Concrete Block Construction
  • Roof: Concrete Roof
  • Living Area: 4,716 Sq. Ft.
  • Year Built: 1973

Lot Features

  • Zoning: B-3
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot

Financial Considerations

  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: FAIRVIEW AMENDED PLAT 10-25 B LOT 12, 13 BLK 15, TOG WITH POR OF ALLEY VACATED PER OR 4703/835
  • Property ID: 494202031150

Listed by Rpm Luxe Realty

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Listing agent

— 620 SW 7th Street 1-7 —

  • Rpm Luxe Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 620 SW 7th Street 1-7

School District:Broward County School District
NameGradesDistance
Cypress Elementary School, Pompano Beach, FL
851 Southwest 3rd Avenue, Pompano Beach, FL 33060
PK-50.2 mi
Pompano Beach Middle School
310 Northeast 6th Street, Pompano Beach, FL 33060
6-81.3 mi
Blanche Ely High School
1201 Northwest 6th Avenue, Pompano Beach, FL 33060
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 620 SW 7th Street 1-7 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$1,450,000
-1.69%
MLS
11/11/2025
Price Reduced
$1,475,000
-1.67%
MLS
8/20/2025
Listed
$1,500,000
76.47%
MLS
9/30/2020
Sold
$850,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 620 SW 7th Street 1-7

Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,534
—
$959,450
8%
2024
$19,534
8%
$890,020
13%
2023
$18,065
15%
$784,670
16%
2022
$15,678
-2%
$679,330
-3%
2021
$15,952
—
$700,530
53%
2021
$15,952
65%
$458,390
15%
2019
$9,668
-16%
$398,690
-18%
2018
$11,505
15%
$486,820
5%
2017
$10,035
11%
$463,480
15%
2016
$9,030
87%
$402,340
124%
2015
$4,818
7%
$179,610
10%
2014
$4,496
4%
$163,290
10%
2013
$4,310
—
$148,450
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Rpm Luxe Realty

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620 SW 7th Street 1-7, Pompano Beach, FL 33060 (MLS# F10521604) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 620 SW 7th Street 1-7 is currently listed for $1,450,000 and was received on August 20, 2025. Want to learn more about 620 SW 7th Street 1-7? Do you have questions about finding other Multi-Family real estate for sale in Pompano Beach? You can browse all Pompano Beach real estate or contact a Coldwell Banker agent to request more information.

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