Off-Market Property at 3200 NE 7th CT 307b, Pompano Beach, FL, 33062
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3200 NE 7th CT 307b, Pompano Beach, FL, 33062

$169,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $231 per day and long-term for an average of $2,558 per month, based on similar listings in the area. Estimated short-term cap rate of 17.8%. Estimated long-term cap rate of 1.9%. Welcome to this beautiful condo situated between the Ocean and Intracoastal, providing you with a serene atmosphere and deeded beach access, parking. You can enjoy the luxury of living just steps away from the beach. This unit is located in the highly desirable Oceanside Apartments, which is a community of 3 low-rise buildings featuring 75 apartments. You can enjoy various amenities such as a heated pool, guest parking, BBQ area. Located close to restaurants, shopping, banking, transportation, and water taxi, you will never run out of things to do. Don't miss out on this opportunity to own a piece of paradise. Schedule a showing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$1265
Rental Policy
daily
Yearly Taxes
$1435
Bedrooms
1
Bathrooms
1
SQFT
644
Furnished
unknown
Year built
1964
Listing Status
Off Market
MLS
A11506999

Short-term Rental Potential
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$57,708

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$263

Price/SQFT

Long-term Rental Potential
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$30,696

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,558/mo

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