Off-Market Property at 319 NE 12th Ave, Pompano Beach, FL, 33060

319 NE 12th Ave, Pompano Beach, FL, 33060

$724,999

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $439 per day and long-term for an average of $4,500 per month, based on similar listings in the area. Estimated short-term cap rate of 5.6%. Estimated long-term cap rate of 0.0%. Welcome to your modern luxury oasis in the charming Old Pompano. This double lot offers the opportunity to build a guest house, a pool, and an outdoor kitchen. Located near the beach, Downtown Pompano, shopping, and entertainment, this property features 4 bedrooms and 2 bathrooms, fully renovated inside and out with a new roof, impact doors/windows, floors, bathrooms, kitchen, and more. All renovations were completed with permits for your peace of mind. The open-concept design flows seamlessly from the living to the kitchen, which boasts stainless steel appliances and quartz countertops. The bathrooms are spa-like with modern fixtures. Perfect for personal use or investment. Showings are available daily, and seller concessions are available for closing costs and rate buy-down.

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7339
Bedrooms
4
Bathrooms
2
SQFT
1,275
Furnished
unknown
Year built
1962
Listing Status
Off Market
MLS
A11533663

Short-term Rental Potential
arrow_drop_up

$93,984

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$568

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$54,000

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$4,500/mo

Rent