Off-Market Property at 2004 Bay Dr, Pompano Beach, FL, 33062

2004 Bay Dr, Pompano Beach, FL, 33062

$16,000,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $225 per day, based on similar listings in the area. Estimated short-term cap rate of -6.2%. New Beach house on the sand overlooking the Lighthouse in oceanside enclave. Swim, surf, kiteboard, windsurf & create sandcastles. Hillsboro Shores privacy is unrivaled for an oceanfront retreat as there is no public car parking & limited beach access with permits. Completed in 2020 by Bomar Builders and perfected by owner w ground floor guest suite, home office and 2nd family room. Delivered furnished with an efficient 3 level floor plan w 6 ensuite bedroom/baths plus 2 powder rooms & private office. Stone & wood flooring connected by a floating walnut, glass staircase, roomy commercial elevator. Separation of indoor/outdoor spaces is minimal so you feel connected to nature. EV station, sauna, gym, infinity spa, glass wine wall. Matterport Tour attached.Call Listing agent 4 details/showing

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$20096
Bedrooms
6
Bathrooms
8
SQFT
7,645
Furnished
unknown
Year built
2020
Listing Status
Off Market
MLS
A11508745

Short-term Rental Potential
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$45,876

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2092

Price/SQFT