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About This Property
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!
Property Features
County
Broward County
Section
31
Area
8831
Subdivision
Interior
Cooling
Wall/Window Unit(s)
Bedrooms
Floors
Other, Tile
Full Baths
Appliances
Heating
Wall/Window Units
Style
Garage Spaces
Construction/Exterior
Concrete Block Construction
Patio / Deck Description
Exterior
Has a Pool
Possession
Lot Size in Acres
Water
Public
Sewer
Public Sanitation
Lot Size in Sq. Ft.
15000
Has Waterfront
No
Parking Description
Shared Parking
View
Has Garage
No
Roof/Attic
Other
Senior Community
No
Other Utilities
Property Type
Commercial Sale
Pets
Property SubType 2
Income/MultiFamily
Tax Year
NA
Year Built
1975
Tax Amount
$60000
APN
NA
Square Feet Source
NA
Map
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