Off-Market Property at 1711 NE 42nd St, Pompano Beach, FL, 33064

1711 NE 42nd St, Pompano Beach, FL, 33064

$674,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $377 per day and long-term for an average of $6,662 per month, based on similar listings in the area. Estimated short-term cap rate of 6.0%. Estimated long-term cap rate of 4.5%. Extra large home located in quiet and desirable Beacon Heights only a short distance to the best Lighthouse Point and Pompano Beach have to offer. The home is 2100+/- sq ft with beautiful pool, fenced back yard, newly appointed and designer decorated (furniture negotiable) interior, impact windows, updated kitchen and bath areas, oversized living room, family room and dining area. Close to the local elementary school and park as well as the beach, this home brings and defines the "beach" vibe in Pompano Beach. Property is easy to show and great value weather you are looking for a primary residence, seasonal getaway or rental property. This one won't last!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$6536
Bedrooms
4
Bathrooms
3
SQFT
2,100
Furnished
unknown
Year built
1958
Listing Status
Off Market
MLS
F10427114

Short-term Rental Potential
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$90,396

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$321

Price/SQFT

Long-term Rental Potential
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$79,944

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$6,662/mo

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