Off-Market Property at 3208 Norfolk St, Pompano Beach, FL, 33062

3208 Norfolk St, Pompano Beach, FL, 33062

$1,799,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $457 per day and long-term for an average of $5,930 per month, based on similar listings in the area. Estimated short-term cap rate of -1.9%. Estimated long-term cap rate of -2.8%. Located in the Exclusive Private Beach Community of Hillsboro Shores is this spectacular Recently Renovated Modern Balinese Inspired Home. 2024 Metal Bronze Roof with Matching 2024 Impact Windows and Sliders. Stunning Sunroom/Family Room overlooks the Sparkling Pool and Tiki Hut. This is the Ultimate vacation and Relaxation Paradise. Open Living concept with 8 x 5 Center Island with Quartz Waterfall Countertops. All new Stainless appliances to include wine and Beverage Center. Herringbone Installed Tile Flooring throughout the entire home. 3 Fully Renovated Baths. Master Bath with access to the Pool and Tiki hut area. Private Exterior Bocce court, whole house generator, outdoor double shower. Turf installed for low exterior maintenance. Recently Relandscaped to Perfection.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$6900
Bedrooms
3
Bathrooms
3
SQFT
1,826
Furnished
unknown
Year built
1957
Listing Status
Off Market
MLS
F10428035

Short-term Rental Potential
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$87,780

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$985

Price/SQFT

Long-term Rental Potential
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$71,160

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$5,930/mo

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