Off-Market Property at 2701 NE 22nd Ct, Pompano Beach, FL, 33062

2701 NE 22nd Ct, Pompano Beach, FL, 33062

$2,049,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $350 per day and long-term for an average of $6,195 per month, based on similar listings in the area. Estimated short-term cap rate of -3.1%. Estimated long-term cap rate of -3.2%. This Hillsboro Harbor beauty is within 6 minutes of the Hillsboro Inlet by boat and offers you a fantastic owner’s suite addition! The home has been updated and meticulously maintained over the years by its long term owners. This tropical paradise offers 3 bedrooms, 2 bathrooms with a 2 car garage and 80 feet of waterfront. The owner’s suite has vaulted ceilings with a large bathroom and generous walk-in closet. From the moment you enter the property and see the marble driveway and impeccable landscaping you will notice the pride of ownership which continues to the back of the property as you look out on the waterway from your marble pool deck and covered lanai. New roof installed in 2018. Pompano Beach is thriving and this is one of its most sought after neighborhoods.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$9062
Bedrooms
3
Bathrooms
2
SQFT
2,161
Furnished
unknown
Year built
1969
Listing Status
Off Market
MLS
F10417441

Short-term Rental Potential
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$75,756

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$948

Price/SQFT

Long-term Rental Potential
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$74,340

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$6,195/mo

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