Off-Market Property at 2944 NE 22nd Ct, Pompano Beach, FL, 33062

2944 NE 22nd Ct, Pompano Beach, FL, 33062

$4,900,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $447 per day and long-term for an average of $9,642 per month, based on similar listings in the area. Estimated short-term cap rate of -5.2%. Estimated long-term cap rate of -4.7%. Welcome to your dream waterfront residence in East Pompano Beach, Florida! No Wake Zone all Year Long! This exquisite single-family home offers the perfect blend of luxury, convenience, and stunning water views. Located just minutes from the Hillsboro Inlet with "no fixed bridges", this one-story gem sits on a point lot at the end of a tranquil cul-de-sac offering over 200 feet of waterfrontage. Step into a world of comfort with three spacious bedrooms and three pristine bathrooms, providing ample space for family and guests. The southeast exposure ensures an abundance of natural light throughout the day, creating a warm and inviting atmosphere. Enjoy the convenience of an attached 2-car garage, providing easy access to your coastal retreat.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$30986
Bedrooms
3
Bathrooms
3
SQFT
2,438
Furnished
unknown
Year built
1978
Listing Status
Off Market
MLS
A11539501

Short-term Rental Potential
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$90,300

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2009

Price/SQFT

Long-term Rental Potential
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$115,704

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$9,642/mo

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