3208 SE 7th St, Pompano Beach, FL 33062
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$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.

Date Updated : Sep 13, 2024

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

3208 SE 7th St, Pompano Beach, FL 33062