3208 SE 7th St, Pompano Beach FL 33062

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.

This income/multifamily home located at 3208 SE 7th St, Pompano Beach FL 33062 is currently for sale and has been available on Brickellsold for 291 days. This property is listed at $6M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1965. 3208 SE 7th St, Pompano Beach FL 33062 is in Pompano Beach county Broward County.