Off-Market Property at 538 NW 9th Ave, Pompano Beach, FL, 33060
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538 NW 9th Ave, Pompano Beach, FL, 33060

$599,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $247 per day and long-term for an average of $3,558 per month, based on similar listings in the area. Estimated short-term cap rate of 0.2%. Estimated long-term cap rate of -0.2%. TRANSIT OVERLAY DISTRICT & ZERO CAPITAL GAINS(opportunity zone)- Great opportunity for the Super Savvy Investor. Motivated seller wants property sold TRUE TURN KEY BUY & HOLD Opportunity. Central AC Updated Plumbing Completely Replaced Tile Floors (Update) Bathrooms (Updated) Kitchen Cabinets (Updated) Impact Windows (Updated) Electrical (Updated) Plenty of Parking Future Growth Opportunity 1/1 MTM 1/1 MTM 3/1 Lease expires this summer

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$5832
Bedrooms
2
Bathrooms
2
SQFT
1,518
Furnished
unknown
Year built
1980
Listing Status
Off Market
MLS
F10420672

Short-term Rental Potential
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$45,192

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$395

Price/SQFT

Long-term Rental Potential
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$42,696

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,558/mo

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