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Bean Group
Offered at $1,649,000Under Contract
beds
—
baths
0
sq ft
4,653
Built
1956

3209 NE 7th Place

Pompano Beach, FL

About this home

Complete address is 3209-3213 NE 7 Place. Prime beach location ½ block west of the Ocean & east of Intracoastal! This garden style 6-unit apartment complex is equipped with a swimming pool and offers two lots. Upgraded apartments feature premium tile flooring with remodeled kitchens and bathrooms. Most units are partially furnished. This is ideally poised to generate significant vacation rental income. Currently the units are rented annually with leases expired and continuing month to month; positioned for new owner to benefit from great income upside. These two side by side triplexes are priced to sell as a package. Value add is RM20 zoning with 16,400 SF land area for future development. Please drive by only, do not disturb residents. Call for private showing appointment.

Listing last checked: Listing updated:

Listed by Ross Z Herman · The Keyes Company · MLS #B26058654

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Details at a glance

Interior3 property facts
Heating
None
Cooling
Ductless, Other
Flooring
Laminate, Other, Tile
Building4 property facts
Style
Multi Family
Year built
1956
Parking
0
Roof
Shingle
Land & utilities4 property facts
Lot size
0.38 acres
Water
Public
Sewer
Public Sewer
Zoning
RM-20
Financial2 property facts
Annual taxes
$34,162
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $1,649,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$11,185 / monthAdjust
Principal & interest
$8,338
Property tax
$2,847
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $34,162. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $739,000 · Sold $605,000 · Oct 18, 2017

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About 3209 NE 7th Place

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Request a tour of 3209 NE 7th Place and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

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