Off-Market Condo: 12 at 111 N Pompano Beach Blvd, Pompano Beach, FL, 33062

111 N Pompano Beach Blvd, Pompano Beach, FL, 33062

- #812

$599,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $239 per day and long-term for an average of $3,200 per month, based on similar listings in the area. Estimated short-term cap rate of -0.6%. Estimated long-term cap rate of -2.8%. Rare, unobstructed, ocean and pier views await you in this two bedroom, two bath home on beautiful and vibrant Pompano Beach. The kitchen in this home has has been opened, with granite countertops, high end cabinets and black stainless steel appliances so you can enjoy spectacular ocean views even while cooking and entertaining. The home has a desirable split bedroom floor plan, with marble floors, crown molding, high impact windows, and covered parking. The prestigious Sea Monarch provides resort style living with full amenities and is pet friendly. In unit laundry, an on site fitness facility and an oversized heated pool complete this amazing package. Come home to the tropical sands of the Atlantic Ocean!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$1023
Rental Policy
daily
Yearly Taxes
$4435
Bedrooms
2
Bathrooms
2
SQFT
1,450
Furnished
unknown
Year built
1970
Listing Status
Off Market
MLS
F10421210

Short-term Rental Potential
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$51,408

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$413

Price/SQFT

Long-term Rental Potential
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$38,400

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,200/mo

Rent