3215 Ne 7th St

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!

Essential Information

MLS® #A11715932
Price$5,000,000
Bathrooms0.00
Year Built1975
TypeCommercial
Sub-TypeMulti Family
StatusActive

Community Information

Address3215 Ne 7th St
Area3113
CityPompano Beach
CountyBroward
StateFL
Zip Code33062-4508

Amenities

ParkingCommon

Interior

InteriorOther, Tile
HeatingWindow Unit, Wall Furnace
CoolingWall/Window Unit(s)
# of Stories2
StoriesTwo

Exterior

WindowsImpact Glass
RoofOther
ConstructionBlock

Additional Information

Date ListedJanuary 12th, 2025

Listing Courtesy of

Fausto Commercial Realty Consultants Inc

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3215 Ne 7th St, Pompano Beach, FL – $5,000,000