Excellence in South Florida Real Estate

3215 NE 7th St, Pompano Beach, 33062

  • $5,000,000

Buy

Pompano Beach

3215 NE 7th St, Pompano Beach, 33062

Pompano Beach
  • $5,000,000

Quick Details

MLS #: A11715932
  • 15000
  • Lot sqft
  • 1975
  • Year Built

Description

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!

  • Address 3215 NE 7th St
  • City Pompano Beach
  • State/county Florida
  • Zip/Postal Code 33062
  • Area Broward County

Details

  • MLS #: A11715932
  • Price: $5,000,000
  • Land Area: 15000 sqft
  • Year Built: 1975
  • Property Status: Buy
Listed by Elior Levi · Fausto Commercial Realty Consultants Inc - Updated on May 20, 2025 at 8:14 am

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