Off-Market Condo: 06 at 907 Cypress Ter, Pompano Beach, FL, 33069

907 Cypress Ter, Pompano Beach, FL, 33069

- #206

$318,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $285 per day and long-term for an average of $2,750 per month, based on similar listings in the area. Estimated short-term cap rate of 8.8%. Estimated long-term cap rate of -0.3%. Elegant Palm Aire corner unit featuring 3 bedrooms and 2 bathrooms, offering a picturesque golf view from the private balcony. This meticulously maintained residence boasts tile flooring in the bedrooms, complemented by carpet in the living room. Noteworthy features include a recently upgraded washer (2021) and dryer, a double-door refrigerator with a convenient freezer drawer, a new garbage disposal, 2016 white kitchen cabinets, a 2017 A/C unit, and a modern circuit breaker box.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$709
Rental Policy
daily
Yearly Taxes
$5157
Bedrooms
3
Bathrooms
2
SQFT
1,444
Furnished
unknown
Year built
1978
Listing Status
Off Market
MLS
A11554111

Short-term Rental Potential
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$61,884

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$220

Price/SQFT

Long-term Rental Potential
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$33,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,750/mo

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