Investment Opportunity: , Unit 5, PompanoBeach, FL - $-54,732 Profit

3401 NE 10th St, Pompano Beach, FL, 33062

3401 NE 10th St - #5

$1,000,000

Description

Directly on the Sand. Boutique building with only 11 apartments. This direct oceanfront apartment provides spectacular views. Excellent location with multimillion-dollar condos in the area. Several blocks North of the Village & Fishing Pier area - Restaurants-Pompano Beach House, Oceanic, Lucky Fish Beach Bar & Grill, Cannoli Kitchen, BurgerFi, Kilwins Chocolates/Ice Cream. Alvin’s Island Surf Co… Association has first right of refusal. Seller also has listed a penthouse apartment (A11456630). Possible to purchase all 11 and operate as a boutique oceanfront hotel (7 are presently operated as short-term / hotel). - Call listing agent for the details.

Property Information
airbnb avg Daily
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Occupancy Rate
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Monthly HOA
$650
rental Policy
daily
Yearly Taxes
$5753
Bedrooms
1
Bathrooms
1
SQFT
590
Furnished
unknown
Year built
1966
MLS
A11456351

Short-Term Rental Potential
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$37,824

Revenue
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$1694

Price/SQFT

Long-Term Rental Potential
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$22,680

Revenue
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$1,890/mo

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