Off-Market Property at 3205 Marine Dr, Pompano Beach, FL, 33062

3205 Marine Dr, Pompano Beach, FL, 33062

$1,600,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $243 per day and long-term for an average of $5,329 per month, based on similar listings in the area. Estimated short-term cap rate of -4.0%. Estimated long-term cap rate of -3.1%. EXCELLENT INVESTMENT OPPORTUNITY!! SHORT OR LONG-TERM RENTAL. JUST STEPS TO THE OCEAN 2 UNITS ARE FULLY FURNISHED WITH A SEPARATE LAUNDRY ROOM, UTILITY ROOM, AND SHED. UNITS 2 AND 3 ARE 1/1 AND UNIT 1 IS 2/1. HIGH-IMPACT WINDOWS AND DOORS. 2 UNITS HAVE SKYLIGHTS, TILED FLOORS, CROWN MOULDING, NEW ROOF, PROFESSIONALLY LANDSCAPED, SPRINKLER SYSTEM, CONTINUOUS HOT WATER, NEST THERMOSTAT-CONTROLLED HEAT & CENTRAL A/C, PRIVATE ENTRANCE WITH SMART LOCKS, BACKYARD PATIO TABLES & CHAIRS, A GAS GRILL, BRICK PAVERS AND SECURITY LIGHTING HEATED SALTWATER SWIMMING POOL.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$11613
Bedrooms
2
Bathrooms
2
SQFT
2,259
Furnished
unknown
Year built
1957
Listing Status
Off Market
MLS
F10425830

Short-term Rental Potential
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$49,272

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$708

Price/SQFT

Long-term Rental Potential
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$63,948

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$5,329/mo

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