3215 NE 7th St Pompano Beach, Florida
Listed By Fausto Commercial Realty Consultants Inc
The Commercial Property for Sale located at Pompano Beach, Florida is currently for sale. Pompano Beach, Florida is listed for $5,000,000. This property has Total Parking features. If the property located at Pompano Beach, Florida isn't what you're looking for, visit https://www.iglobalrealty.com to see other Commercial Properties for Sale in Pompano Beach .
Date Updated : Mar 30, 2025
MLS#: A11715932
$5,000,000 USD
Property features
Key features
- Total Parking
Construction details
- Year built: 1975
Other features
- Cooling system: Wall Or Window Units
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!
Location
