Off-Market Property at 600 Circle Dr, Pompano Beach, FL, 33062

600 Circle Dr, Pompano Beach, FL, 33062

$5,995,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $413 per day, based on similar listings in the area. Estimated short-term cap rate of -5.4%. Experience luxury with this 6,400 sqft Mediterranean Resort on a private island, a rare investment opportunity with consistent rental income. Boasting a remarkable 300' water frontage and a 150+ ft canal in a serene no-wake zone, it offers unobstructed access with no fixed bridges. The 300’ dock can host a 100+ ft. yacht plus additional vessels. A grand foyer with 20’ high coffered ceilings features six bedrooms and 5.5 baths. The property includes in-law quarters, a laguna-style mosaic tiled pool/spa, a 5-hole putting green, and a detached gazebo complete with a pizza oven, fire pit, and bar. Multiple balconies with breathtaking water views make this an unparalleled retreat for luxury living.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$40862
Bedrooms
6
Bathrooms
5
SQFT
6,439
Furnished
unknown
Year built
2008
Listing Status
Off Market
MLS
F10415421

Short-term Rental Potential
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$97,572

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$931

Price/SQFT