Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $1K per day, based on similar listings in the area. Estimated short-term cap rate of 1.3%. Uncover a unique opportunity in Pompano Beach! This prime teardown property offers a vast 122' of waterfront with stunning views over Lake Santa Barbara. Located just seconds from the Intracoastal and the ocean, this site is perfect for building a luxury dream home. Recent sales in the area underline its significant value: a neighboring property recently sold for $10M, and another is listed at $7.3M. This is your chance to turn a blank canvas into a spectacular waterfront estate. Don't miss the opportunity to make your mark in one of Pompano Beach's most desirable waterfront communities!
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $12263 |
Bedrooms | 5 |
Bathrooms | 6 |
SQFT | 3,689 |
Furnished | unknown |
Year built | 1957 |
Listing Status | Off Market |
MLS | F10412521 |
