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For Sale Available Listing #82005

274,833 SF Multifamily For Sale — $1,649,000 — 3209 NE 7th Pl, Pompano Beach – #82005

3209 NE 7th Pl · Price Per Unit · Pompano Beach, FL 33062
274,833 SFAvailable space
Apartment Multifamily ApartmentsProperty type
1962Year built
Quick Unit Specs
For Sale
$1,649,000 Asking Price
$6.00 Price / SF
— Cap Rate
— NOI
74 / 278 days Days on market / avg to sell
The Space
274,833 SF Sq Ft
Apartment Multifamily Apartments Type
Price Per Unit Suite
— Condition
Available Status
For Sale Listing Type
Now Available
— Op. Expenses
— Clear Height
— Drive-In Bays
— Dock-High Bays
— Yard
— Office SF
— Restrooms
— Power
— HVAC
— Estimated Parking
— Parking Ratio
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Floor Plan
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Building Description
Executive Summary
Complete address is 3209-3213 NE 7 Place. Prime beach area location just ½ block from the Ocean to the east and ½ block to the Intracoastal to the west! This garden style 6-unit apartment complex is equipped with a swimming pool and offers two lots. These upgraded apartments feature premium tile flooring with remodeled kitchens and bathrooms. Most units are partially furnished and with some décor are ideally poised to generate significant vacation rental income. Currently the units are rented annually with leases expired and continuing month to month. This is ideal for a new owner to benefit from great income upside. These two side by side triplexes are priced to sell as a package. Also of value is the RM20 zoning with 16,400 SF of land area for future development. Please drive by only and do not disturb residents. Call for private showing appointment.
Approved Uses by Zoning — Multiple-Family Residence 20 (RM-20 - Residential)

Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.

Allowed by right
Dwelling, Multifamily, Dwelling, Single-Family, Dwelling, Two-Family, Family Community Residence, Transitional Community Residence, Recovery Community, Continuing Care Retirement Community, Nursing Home Facility, Arboretum or Botanical Garden, Community Garden, Park or Plaza, Utility Use, Minor
With special approval
Dwelling, Single-Family (Zero Lot Line), Rooming or boarding house, Community Center, Library, Museum, Senior Center, Youth Center, Adult Day Care Center, Child Care Facility, School, Elementary, Fire or EMS Station, Police Station, Post Office, Place of Worship, Professional Office, Bank or Financial Institution, Condo Hotel, Bed and Breakfast Inn, Hotel or Motel, Eating and Drinking Establishment as accessory use to a hotel/condo hotel (special exception; hotel or condo hotel must have 50+ rooms), Golf Course
Read the full RM-20 - Residential zoning guide ›
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Asking Price
$1,649,000
Listing Courtesy of Safrin – Keyes
Ross Z. Herman
Ross Z. Herman
Safrin – Keyes
Inquire about this property
Key highlights
  • Nestled between the Atlantic Ocean & Intracoastal Waterway
  • Remodeled kitchens, bathrooms, flooring, and impact windows
  • Less than one block from the ocean
  • Ideal upside income potential
Appraiser Data
Parcel Control No.484331240060
Source: Miami-Dade County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 30.4 mi
Ft. Lauderdale (FLL) 17.8 mi 28 min drive
Miami Intl (MIA) 33.3 mi
⚓ Seaports
Port of Palm Beach 36.5 mi
Port Everglades 10.5 mi
PortMiami 32.6 mi
Building Specifications
CityPompano Beach, FL
ZIP Code33062
Year Built1962
Total Building SF4,653 SF
Total Available274,833 SF
Lot Size0.38 AC
Walk Score40/100