Off-Market Condo: -1 at 321 SW 1st Ct, Pompano Beach, FL, 33060

321 SW 1st Ct, Pompano Beach, FL, 33060

- #K-1

$189,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $257 per day and long-term for an average of $2,191 per month, based on similar listings in the area. Estimated short-term cap rate of 19.5%. Estimated long-term cap rate of -0.1%. ATTENTION INVESTORS! GREAT LOCATION 2 FLOOR CORNER2 BEDROOMS 2 FULL BATHS UNIT OCCUPIED BY TENANT. TENANT PAYS $1800 ON A MONTH-TO-MONTH. CURRENT RENTS IN THE BUILDING ARE $1900-2000. GREAT FLOOR PLAN INCLUDES LARGE EAT-IN KITCHEN. THE COMMUNITY OFFERS A POOL, CLUBHOUSE AND LAUNDRY ROOM. POMPANO BEACH REDEVELOPMENT IN THE AREA. NEW BUILDINGS AND NEW INFRASTRUCTURES. RIGHT TIME TO BUY. 5 MINUTES FROM THE BEACH. NO AGE RESTRICTIONS. NO WASHER AND DRYER IN UNIT BUT LAUNDRY ROOM IS CLOSE BY AND CONVENIENT. CAN BE RENTED IMMEDIATELY. TENANT OCCUPIED.

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$930
Rental Policy
daily
Yearly Taxes
$3186
Bedrooms
2
Bathrooms
2
SQFT
855
Furnished
unknown
Year built
1979
Listing Status
Off Market
MLS
A11573866

Short-term Rental Potential
arrow_drop_up

$63,336

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$221

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$26,292

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$2,191/mo

Rent