Off-Market Condo: 01 at 2801 N Palm Aire Dr, Pompano Beach, FL, 33069
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2801 N Palm Aire Dr, Pompano Beach, FL, 33069

- #201

$352,500

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $293 per day and long-term for an average of $2,850 per month, based on similar listings in the area. Estimated short-term cap rate of 1.7%. Estimated long-term cap rate of 3.1%. Immediately as you enter the foyer of this BRAND NEW renovated condo you will notice the modern vinyl flooring and new baseboards throughout. Your eyes will then lead you to the huge living/dining area featuring an AMAZING view of the lake and a tranquil fountain. The kitchen has been completely updated with new white shaker style cabinets, Quartz counter tops/back splash, and stainless steel appliances. You will then be led to the three oversized bedrooms which can accommodate oversized furniture. The condo has been completely painted and popcorn ceilings have been removed. Community is centrally located to Harrah's casino, Top Golf, Publix, Skolnick Community Center, shopping, dining, beaches, and Palm Aire's very own golf course!!! Maintenance includes cable and internet. Min 20% down.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$786
Bedrooms
3
Bathrooms
2
SQFT
1,500
Furnished
unknown
Year built
1969
Listing Status
Off Market
MLS
F10426310

Short-term Rental Potential
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$29,292

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$235

Price/SQFT

Long-term Rental Potential
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$34,200

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,850/mo

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