Off-Market Property at 418 S Cypress Rd, Pompano Beach, FL, 33060
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418 S Cypress Rd, Pompano Beach, FL, 33060

$149,500

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $100 per day and long-term for an average of $2,089 per month, based on similar listings in the area. Estimated short-term cap rate of 4.8%. Estimated long-term cap rate of 6.7%. REMODELED 1ST FLOOR UNIT, LOCATED IN THE HEART OF POMPANO BEACH IN QUIET WELL MAINTAINED 55+COMMUNITY.GOOD SIZED 1BEDROOM, 1.5 BATH, WALK-IN CLOSET, NEW KITCHEN, BATHROOMS, NEW APPLIANCE, NEW A/C, WATER HEATER, CLUBHOUSE HEATED COMMUNITY POOL SHUFFLEBOARD, ACTIVE COMMUNITY, PERFECT FOR SOMEONE LOOKING TO LIVE HERE OR SNOWBIRD. LESS THAN 3 MILES TO BEACH, CLOSE TO SHOPPING, RESTAURANTS, BANKS, PUBLIX, ACROSS STREET POLICE DEPT& MAJOR HIGHWAYS, LOW HOA.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$347
Rental Policy
daily
Yearly Taxes
$1369
Bedrooms
1
Bathrooms
2
SQFT
756
Furnished
unknown
Year built
1967
Listing Status
Off Market
MLS
A11565140

Short-term Rental Potential
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$22,212

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$197

Price/SQFT

Long-term Rental Potential
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$25,068

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,089/mo

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