Off-Market Condo: 03 at 2112 S Cypress Bend Dr, Pompano Beach, FL, 33069
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2112 S Cypress Bend Dr, Pompano Beach, FL, 33069

- #703

$217,500

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $2,200 per month, based on comparable local listings. Estimated long-term cap rate of -8.3%. PRICED TO SELL. This is the lowest price 2 Bedroom 2 Bath with over 1000 square feet at Cypress Bend. Freshly painted, beautiful marble master bath, new microwave, washer/dryer hook-up. This lovely community has many amenities including; Fitness center, extra storage, heated swimming pool, tennis courts, Bike and jog path all in a park-like setting. Roof 2023, 40-year inspection passed. Decorate to taste. Cannot lease for 2 years.

Property Information
Monthly Rent
$2,200
Monthly HOA
$2131
Rental Policy
STR Restrictions
Yearly Taxes
$5042
Bedrooms
2
Bathrooms
2
SQFT
1,160
Furnished
unknown
Year built
1984
Listing Status
Off Market
MLS
F10426110

Long-term Rental Potential
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$26,400

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,200/mo

Rent