Off-Market Property at 418 S Cypress Rd, Pompano Beach, FL, 33060
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418 S Cypress Rd, Pompano Beach, FL, 33060

$138,500

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $99 per day and long-term for an average of $2,336 per month, based on similar listings in the area. Estimated short-term cap rate of 6.4%. Estimated long-term cap rate of 10.5%. REMODELED 1ST FLOOR UNIT, LOCATED IN THE HEART OF POMPANO BEACH IN QUIET & WELL MAINTAINED 55+ COMMUNITY. APT IS FULLY RENOVATED, GOOD SIZED 1 BEDROOM, 1.5 BATH, WALK-IN CLOSET, FULLY FURNISHED, NEW KITCHEN, BATHROOMS, NEW APPLIANCE, NEW A/C, WATER HEATER, CLUBHOUSE, HEATED COMMUNITY POOL & SHUFFLEBOARD, ACTIVE COMMUNITY.PERFECT FOR SOMEONE LOOKING TO LIVE HERE OR SNOWBIRD.LESS THAN 3 MILES TO BEACH, CLOSE TO SHOPPING, RESTAURANTS, BANKS, PUBLIX SUPERMARKET RIGHT ACROSS STREET, POLICE DEPT. & MAJOR HIGHWAYS. LOW HOA & UNIT IS PRICED TO SELL!! WON'T LAST!!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$269
Rental Policy
daily
Yearly Taxes
$1369
Bedrooms
1
Bathrooms
2
SQFT
756
Furnished
unknown
Year built
1967
Listing Status
Off Market
MLS
A11461046

Short-term Rental Potential
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$22,308

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$183

Price/SQFT

Long-term Rental Potential
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$28,032

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,336/mo

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