3215 NE 7th St
Pompano Beach, FL 33062
$5,000,000
Active
48+
$5,000,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
Size Sq. Ft.
79
DOM
3215 NE 7th St
Pompano Beach, FL 33062
Beds, Baths, Multi Family Sq.Ft.
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!
Listing Summary
- Address 3215 NE 7th St
- City Pompano Beach
- County Broward
- Zip 33062
- Price $5,000,000
- Status Active
- Subdivision
- Pets Allowed No
- MLS® # A11715932
- Property Type Commercial Sale
- Property Sub TypeMulti Family
- Status Active
- Square Feet
- Year Built 1975
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $60,000
- Tax Year
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11715932) is provided courtesy of (Fausto Commercial Realty Consultants Inc). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-01-2025. IDX powered by Realty Net Media