Off-Market Property at 2342 SE 13th St, Pompano Beach, FL, 33062

2342 SE 13th St, Pompano Beach, FL, 33062

$775,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $414 per day and long-term for an average of $4,950 per month, based on similar listings in the area. Estimated short-term cap rate of 4.4%. Estimated long-term cap rate of -0.2%. LOCATION! This stunning single-family home boasts three bedrooms and two bathrooms, providing ample space for you and your loved ones. As you step inside, you'll be captivated by the open floor plan, allowing for seamless flow and an abundance of natural light. The kitchen featuring granite counters and stainless steel appliances. Outside you'll find an inviting in-ground pool. The meticulously landscaped backyard offers a private oasis, ideal for hosting gatherings or simply unwinding after a long day. Location is everything, and this home does not disappoint. Situated east of US1, you'll enjoy the convenience of having the beach just a short stroll away. For those seeking additional income opportunities, this property is also AIRBNB possibility.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$11723
Bedrooms
3
Bathrooms
2
SQFT
1,348
Furnished
unknown
Year built
1957
Listing Status
Off Market
MLS
A11528825

Short-term Rental Potential
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$95,052

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$574

Price/SQFT

Long-term Rental Potential
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$59,400

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$4,950/mo

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