Off-Market Property at 2344 NE 12th St, Pompano Beach, FL, 33062

2344 NE 12th St, Pompano Beach, FL, 33062

$214,990

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $220 per day and long-term for an average of $1,800 per month, based on similar listings in the area. Estimated short-term cap rate of 6.8%. Estimated long-term cap rate of -4.2%. Beautiful Corner 2/1 Apartment, Upgrades galore, Hurricane doors and windows, all new electric and water, on-demand hot water, New Mini split A/C in master bedroom, new energy efficient wall units 2nd bedroom and living room, all new ceiling fans all rooms, all new outlets and wall switches, GFI wired, Bathroom completely remodeled - designer quality Kitchen completely remodeled - new cabinets, quartz counter tops, wrap around backsplash, washer/dryer in unit. Now that I WOW'd you with the apt. Little about the area, 2 championship golf courses across the street, Aquatic center across the street, tennis and pickle-ball across the street, Pompano Amphitheater in the neighborhood with Vegas level entertainment, Major shopping plaza, Restaurant's galore, Transportation, Convenient

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$1339
Rental Policy
daily
Yearly Taxes
$828
Bedrooms
2
Bathrooms
1
SQFT
1,100
Furnished
unknown
Year built
1962
Listing Status
Off Market
MLS
A11459087

Short-term Rental Potential
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$45,192

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$195

Price/SQFT

Long-term Rental Potential
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$21,600

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,800/mo

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