Off-Market Property at 274 SW 7th Ct, Pompano Beach, FL, 33060
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274 SW 7th Ct, Pompano Beach, FL, 33060

$435,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $360 per day and long-term for an average of $3,050 per month, based on similar listings in the area. Estimated short-term cap rate of 10.6%. Estimated long-term cap rate of -0.4%. HUGE 3/2.5 newer construction townhome has unobstructed views! Crown molding on Main Floor, impact windows & doors, designer kitchen backsplash & granite countertops. Laundry on 2nd fl. Oversized primary & 2nd bedrooms, frameless shower doors, wood blinds, cat 5 wiring throughout & very low HOA. This is a perfect starter home or investment piece for your portfolio. Amenities include basic cable, exercise room, clubhouse, pool, lake & jog path. The beautiful community is centrally located and close to EVERTYTHING! Beach, shopping, dining, major highways and the nightlife at Pompano Pier! Across from Cypress Elementary School. $2k closing credit to the buyer if using our preferred lender (GRA) & title company (sunbelt)

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$285
Rental Policy
daily
Yearly Taxes
$7284
Bedrooms
3
Bathrooms
3
SQFT
1,784
Furnished
unknown
Year built
2014
Listing Status
Off Market
MLS
F10423096

Short-term Rental Potential
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$84,672

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$243

Price/SQFT

Long-term Rental Potential
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$36,600

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,050/mo

Rent