Off-Market Condo: 03 at 2221 Cypress Island Dr, Pompano Beach, FL, 33069
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2221 Cypress Island Dr, Pompano Beach, FL, 33069

- #403

$290,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $222 per day and long-term for an average of $2,351 per month, based on similar listings in the area. Estimated short-term cap rate of -4.9%. Estimated long-term cap rate of -6.0%. Welcome to Cypress Island! Stunning lake views from your 4th floor unit. This meticulously maintained units boasts a spacious layout with a focus on comfort and style. The living area opens up to double hurricane impact sliding glass doors. The kitchen was recently remodeled with granite countertops, stainless steel appliances as well as custom cabinets and extra storage. Guest bedroom is a haven with custom storage cabinets providing ample space for all your belongings. These designed cabinets offer a perfect solution for keeping your space organized. The master bathroom features a walk-in shower newly remodeled as well. The community is a lush oasis, surrounded by vibrant landscaping, walking trails, tennis and pickle ball courts and much more. CALL TODAY FOR YOUR PRIVATE SHOWING

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$2034
Rental Policy
daily
Yearly Taxes
$2555
Bedrooms
2
Bathrooms
2
SQFT
1,330
Furnished
unknown
Year built
1987
Listing Status
Off Market
MLS
F10424407

Short-term Rental Potential
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$31,128

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$218

Price/SQFT

Long-term Rental Potential
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$28,212

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,351/mo

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