
$6,125,000 USD
Commercial for Sale, 3208 SE 7th St, Pompano Beach, FL 33062
- MLS#A11658081
Listed By Union Street Partners, LLC
The Commercial Property for Sale located at 3208 SE 7th St, Pompano Beach, FL 33062 is currently for sale. 3208 SE 7th St, Pompano Beach, FL 33062 is listed for $6,125,000.
Property features
Lot/Land
- Land/Lot size:
1,171 m² (12,600 ft²)
Construction
- 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.
Location
3208 SE 7th St, Pompano Beach, FL 33062