Off-Market Property at 2350 NE 27th Ter, Pompano Beach, FL, 33062

2350 NE 27th Ter, Pompano Beach, FL, 33062

$999,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $235 per day and long-term for an average of $9,642 per month, based on similar listings in the area. Estimated short-term cap rate of -3.0%. Estimated long-term cap rate of 3.9%. ***30,000 PRICE REDUCTION***LIVE ON THE PARK!*** Enjoy serene preserve views from nearly every room of this spacious open-concept home on a prime, rarely available oversized lot - over 130' on the park, steps from the Intracoastal Waterway. Open-concept floor plan facilitates indoor-outdoor entertaining -- simply step out through french patio doors for a private garden party or pool party with plenty of privacy and natural beauty all around. This thoughtfully designed floor plan features an en-suite bath for each bedroom, a huge primary suite with soaring ceilings and office/reading nook overlooking the pool, and plenty of space (and parking) to gather with family and friends. Wonderful opportunity for the right buyer to customize a timeless property in a great location!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$12527
Bedrooms
3
Bathrooms
3
SQFT
2,388
Furnished
unknown
Year built
1963
Listing Status
Off Market
MLS
F10412182

Short-term Rental Potential
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$46,452

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$418

Price/SQFT

Long-term Rental Potential
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$115,704

Revenue
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Profit
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Cap rate
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Cash on Cash
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$9,642/mo

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