Off-Market Condo: 03 at 1460 S Ocean Blvd, Pompano Beach, FL, 33062
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1460 S Ocean Blvd, Pompano Beach, FL, 33062

- #1003

$3,699,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $18,000 per month, based on comparable local listings. Estimated long-term cap rate of -2.5%. Unveil the pinnacle of luxury living in this renovated home in the sky above the Atlantic Ocean. With sweeping views of the ocean, city, and intracoastal, every moment is a breathtaking panorama. Indulge in the culinary delights of the kitchen adorned with Italian marble islands, European cabinetry, and high-end appliances. Retreat to the oceanfront master suite for a tranquil escape. Complete with a captivating fireplace, Sonos sound system, and seamless smart home integration, every detail exudes sophistication. This full-service resort-style building also extends the luxury of cabana and beach chair service right onto the sand, accessible with just a simple phone call. Nestled in the heart of Lauderdale-by-the-Sea, this boutique building offers coastal elegance redefined.TRULY A MUST SEE!!

Property Information
Monthly Rent
$18,000
Monthly HOA
$3456
Rental Policy
STR Restrictions
Yearly Taxes
$31565
Bedrooms
3
Bathrooms
4
SQFT
3,523
Furnished
unknown
Year built
2006
Listing Status
Off Market
MLS
A11569324

Long-term Rental Potential
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$216,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$18,000/mo

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