Off-Market Property at 520 W Palm Aire Dr, Pompano Beach, FL, 33069
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520 W Palm Aire Dr, Pompano Beach, FL, 33069

$638,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $280 per day and long-term for an average of $4,000 per month, based on similar listings in the area. Estimated short-term cap rate of 3.2%. Estimated long-term cap rate of -0.9%. ENJOY SOUTH FLORIDA LIVING AT ITS FINEST IN THIS BEAUTIFUL PALM AIRE RESIDENCE, THIS LIGHT & BRIGHT CORNER UNIT TOWNHOME IS LOCATED IN THE GATED FAIRVIEW POINT COMMUNITY. FEATURES INCLUDE POOL AND GOLF COURSE VIEWS FROM MOST ROOMS, VOLUME CEILINGS, GORGEOUS UPDATED EAT-IN KITCHEN, BEAUTIFUL WOOD FLOORS, FRENCH DOORS, WALK-IN CLOSET, HURRICANE SHUTTERS, NEWER ROOF & ACs, INDOOR LAUNDRY ROOM & MORE! EXCELLENT LOCATION CLOSE TO PUBLIX, SHOPS, RESTAURANTS & I95.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$475
Rental Policy
daily
Yearly Taxes
$7196
Bedrooms
3
Bathrooms
4
SQFT
2,477
Furnished
unknown
Year built
1998
Listing Status
Off Market
MLS
A11564253

Short-term Rental Potential
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$73,908

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$257

Price/SQFT

Long-term Rental Potential
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$48,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$4,000/mo

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