Off-Market Property at 1511 W Terra Mar Dr, Pompano Beach, FL, 33062

1511 W Terra Mar Dr, Pompano Beach, FL, 33062

$4,690,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $609 per day, based on similar listings in the area. Estimated short-term cap rate of -3.9%. Welcome to Terra Mar, your private slice of paradise. This waterfront gem offers stunning Intracoastal views and grand, airy spaces. Imagine lounging on a lavish patio, pool drink in hand, making every moment unforgettable. Your boat's secure here, thanks to top-notch seawall and dock facilities. Wander over to Lauderdale by the Sea for unique shops, oceanfront eats, and that cozy fishing pier vibe. Inside, find two master suites offering serene escapes on each level. The kitchen? A chef's dream with a Steam Oven, ready for your culinary adventures. Revamped in 2018, this home is for those who live for luxury. It's more than an address; it's a lifestyle. Ready for the full story? Contact Minerva Strum today.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$4
Rental Policy
daily
Yearly Taxes
$20396
Bedrooms
4
Bathrooms
4
SQFT
3,094
Furnished
unknown
Year built
1962
Listing Status
Off Market
MLS
A11454968

Short-term Rental Potential
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$137,352

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1515

Price/SQFT