Off-Market Property at 1911 Blue Water Ter S, Pompano Beach, FL, 33062

1911 Blue Water Ter S, Pompano Beach, FL, 33062

$3,799,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $609 per day and long-term for an average of $11,000 per month, based on similar listings in the area. Estimated short-term cap rate of -4.6%. Estimated long-term cap rate of -3.8%. Spectacular Sweeping Views across the Intracoastal Waterway to the Multi Million Dollar Homes of Bay Colony. 112 Feet of Frontage with Updated seawall, Evergrain Dock, 24,000 LB Boat Lift, Seperate Jet Ski Lift. Oversized 1/4 acre lot. Whole House Generator Installed 2020. Year Built States 1960 but Construction was 1993 For Second Story. Three Zone A/C Units all replaced since 2021. New Insulation installed in Attic 2022. Main Level living area with High Volume Ceilings. Most Windows and Sliders Changed to Impact. Some Shutters. Expansive Patio area. City Gas Available. 4 Foot Crawl Concrete Storage access from Garage and Laundry under half of the home. Sq Footage and Year Built Discrepency on BCPA . Oversized Garage 27 x 29.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$34440
Bedrooms
4
Bathrooms
4
SQFT
3,720
Furnished
unknown
Year built
1960
Listing Status
Off Market
MLS
F10417537

Short-term Rental Potential
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$102,132

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1021

Price/SQFT

Long-term Rental Potential
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$132,000

Revenue
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Profit
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Cap rate
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Cash on Cash
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$11,000/mo

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