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.
Property Details
Price:
$6,125,000
MLS #:
A11658081
Status:
Active
Beds:
0
Baths:
0
Address:
3208 SE 7th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Pompano Beach
Listed Date:
Sep 12, 2024
State:
FL
Finished Sq Ft:
15,265
Total Sq Ft:
15,265
ZIP:
33062
Year Built:
1965
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Financial
Taxes
$44,898
Map
Community
- Address3208 SE 7th St Pompano Beach FL
- CityPompano Beach
- CountyBroward County
- Zip Code33062
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