Off-Market Property at 1439 S Ocean Blvd, Pompano Beach, FL, 33062
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1439 S Ocean Blvd, Pompano Beach, FL, 33062

$374,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $264 per day and long-term for an average of $2,051 per month, based on similar listings in the area. Estimated short-term cap rate of 7.3%. Estimated long-term cap rate of -2.8%. Discover coastal paradise in this charming 2 bed 2 bath 2nd floor unit ideally nestled along the iconic A1A, offering an unparalleled beachfront experience through a private deeded entryway. This end unit, lovingly designed to accommodate both year-round residents and those seeking the ultimate vacation-style living, comes equipped with modern features such as impact windows that offer both safety and serenity, while the remodeled open kitchen concept showcases exquisite quartz countertops and sleek stainless steel appliances. This canal front end unit has glazed ceramic flooring in the kitchen and entryway, while the remainder of the unit boasts engineered wooden flooring. Both bathrooms are adorned with hexagon-glazed ceramic tiles, adding a touch of modern elegance to the design.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$826
Rental Policy
daily
Yearly Taxes
$1407
Bedrooms
2
Bathrooms
2
SQFT
780
Furnished
unknown
Year built
1966
Listing Status
Off Market
MLS
A11459080

Short-term Rental Potential
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$62,652

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$480

Price/SQFT

Long-term Rental Potential
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$24,612

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,051/mo

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