Off-Market Condo: 21 at 801 S Federal Hwy, Pompano Beach, FL, 33060
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801 S Federal Hwy, Pompano Beach, FL, 33060

- #1121

$384,500

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $2,400 per month, based on comparable local listings. Estimated long-term cap rate of -6.0%. REDUCED!!!! Enjoy amazing, 180 degree panoramic views of the OCEAN and CITY in this waterfront building of Waterford Point. This 11th floor CORNER condo is sure to please all who enter. This light and bright home features a water view from every window, remodeled kitchen, fully renovated guest bathroom, and extra windows in living and dining areas. Amenities include salt water pool, fitness center, barbeque area, upscale/secure lobby, and dockage when available. Property is close to shopping, dining, golfing, ang newly redesigned Pompano Beach Pier!!!

Property Information
Monthly Rent
$2,400
Monthly HOA
$1865
Rental Policy
STR Restrictions
Yearly Taxes
$5034
Bedrooms
2
Bathrooms
2
SQFT
1,070
Furnished
unknown
Year built
1972
Listing Status
Off Market
MLS
F10403346

Long-term Rental Potential
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$28,800

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,400/mo

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