Off-Market Property at 440 SE 8th Ave, Pompano Beach, FL, 33060

440 SE 8th Ave, Pompano Beach, FL, 33060

$1,490,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $513 per day and long-term for an average of $8,900 per month, based on similar listings in the area. Estimated short-term cap rate of -1.0%. Estimated long-term cap rate of -0.4%. ***OCEAN ACCESS*** NO HOA *** Tastefully renovated waterfront home in Pompano Beach with PRIME ocean access (approximately 15 minutes) and only one fixed bridge! Large backyard, 70' on the water with pool, jacuzzi and boat lift. Perfect home for entertaining or simply basking in the Florida sunshine, this outdoor retreat is sure to impress. This immaculate single-family home offers 4 bedrooms, 3 full bathrooms, and a fully renovated interior in 2021 - floors, bathrooms, kitchen and stainless steel appliances, AC, plumbing and electrical. Just a few miles from the beach. Impact windows. Roof in great shape.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$17531
Bedrooms
4
Bathrooms
3
SQFT
1,989
Furnished
unknown
Year built
1961
Listing Status
Off Market
MLS
A11571459

Short-term Rental Potential
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$97,572

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$749

Price/SQFT

Long-term Rental Potential
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$106,800

Revenue
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Profit
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Cap rate
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Cash on Cash
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$8,900/mo

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