Property 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.

Address Map
FL
Broward County
Pompano Beach
33062
3208 SE 7th St
0
W81° 54' 24.4''
N26° 13' 35.2''
MLS Addon
169
: Sale
4
$44,898
RM-20

Commercial Sale For Sale

3208 SE 7th St, Pompano Beach, Florida 33062

12,600 Sqft
$6,125,000
Listing ID #A11658081
Basic Details
Property Type : Commercial Sale
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11658081
Price : $6,125,000
Year Built : 1965
Lot Area : 12,600 Sqft
Building Area : 15,265 Sqft
Status : Active
Agent info
Contact Agent