Off-Market Property at 1000 N Riverside Dr, Pompano Beach, FL, 33062
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1000 N Riverside Dr, Pompano Beach, FL, 33062

$1,695,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $243 per day and long-term for an average of $12,995 per month, based on similar listings in the area. Estimated short-term cap rate of -3.3%. Estimated long-term cap rate of 2.4%. Located one short block from world famous Pompano Beach is this stunning brand new town home, with construction completed end of 2022. A brand new heated pool included with a rooftop hot tub and many other amenities. Step inside this gorgeous, boho luxe home and be greeted with bright, sun-filled rooms, modern designer pieces and luxury finishes throughout giving everyone their own space to relax in true Florida style.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7634
Bedrooms
5
Bathrooms
4
SQFT
2,532
Furnished
unknown
Year built
2022
Listing Status
Off Market
MLS
A11391498

Short-term Rental Potential
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$59,160

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$669

Price/SQFT

Long-term Rental Potential
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$155,940

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$12,995/mo

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