3208 SE 7th St Pompano Beach, Florida
MLS#: A11658081
$6,125,000 USD
Listed By Union Street Partners, LLC
The Commercial Property for Sale located at Pompano Beach, Florida is currently for sale. Pompano Beach, Florida is listed for $6,125,000. If the property located at Pompano Beach, Florida isn't what you're looking for, visit https://www.sheliagasson.com to see other Commercial Properties for Sale in Pompano Beach .
Date Updated : Sep 13, 2024
Property features
Construction details
- Year built: 1965
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.