Off-Market Property at 600 NE 4th St, Pompano Beach, FL, 33060

600 NE 4th St, Pompano Beach, FL, 33060

$1,750,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $492 per day and long-term for an average of $3,700 per month, based on similar listings in the area. Estimated short-term cap rate of -1.1%. Estimated long-term cap rate of -5.2%. Stunning resort-style residence, rebuilt & redesigned from top to bottom, offering brand new house living experience. W/ stunning large pool, breathtaking landscaping views, large screened-in patio w/ outdoor kitchen & dining area, outdoor shower, jacuzzi, children's playground, waterfall, fire pit, gameroom, stunning wrap around koi pond & more. Situated on an expansive doable size property lot spanning over half acre. Furnished with top-notch appliances & fixtures. Huge spacious dream kitchen, w/ high-quality cabinets, build in mirowave, wine cooler & much more. W/ 5 bed & 3 full baths, perfect for large family or guests. Additional 500sq screened patio room. Enormous driveway, accommodates 10+ vehicles. Open concept style home, just 5 min drive to the beach & next to the new Kester Park.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$23288
Bedrooms
5
Bathrooms
3
SQFT
3,418
Furnished
unknown
Year built
1962
Listing Status
Off Market
MLS
F10426109

Short-term Rental Potential
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$116,100

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$511

Price/SQFT

Long-term Rental Potential
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$44,400

Revenue
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Profit
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Cap rate
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Cash on Cash
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$3,700/mo

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