Off-Market Property at 2160 NE 44th St, Pompano Beach, FL, 33064

2160 NE 44th St, Pompano Beach, FL, 33064

$1,445,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $175 per day and long-term for an average of $3,250 per month, based on similar listings in the area. Estimated short-term cap rate of -4.4%. Estimated long-term cap rate of -4.6%. Fantastic Find In The Heart Of Lighthouse Point, Updated 4 Plex East Of Us-1. Surrounded By Multimillion Dollar Residential Properties. Get Ready To Make Some Income! Located Minutes To Sandy Beach And Vibrant Shopping, This Property Is Ideal For Air Bnb And Or Vacation Rentals. Identical 4Plex Next Door Is Also Being Sold, So We Have 8 Total Units On Over An Half Acre Lot (Seller Would Prefer To Sell Both Together). All Units Have Hurricane Impact Windows, Doors, Updated Kitchens & Tile Flooring Throughout. Each Building Consist Of One Large 2 Bedroom 1 Bath And Three Spacious 1Bed 1Bath. Both Buildings Also Have Coin Laundry For Additional Income. !!Bonus!! We Also Have Another 8 Unit Building A Few Block Away, See Attachment And Or Call Broker For Details. Lets Make A Deal Buy All 16!!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$13509
Bedrooms
2
Bathrooms
2
SQFT
2,784
Furnished
unknown
Year built
1963
Listing Status
Off Market
MLS
F10405196

Short-term Rental Potential
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$42,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$519

Price/SQFT

Long-term Rental Potential
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$39,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,250/mo

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