Off-Market Property at 2200 SE 8th St, Pompano Beach, FL, 33062

2200 SE 8th St, Pompano Beach, FL, 33062

$2,128,788

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $406 per day and long-term for an average of $6,850 per month, based on similar listings in the area. Estimated short-term cap rate of -2.5%. Estimated long-term cap rate of -3.0%. Deep water ocean access pool home with nearly 100 ft of Frontage on oversized lot! Rare opportunity to add your own touches or build your dream home! Boater and yachtsman's Dream, rare coveted Southern exposure! Fully fenced in yard! Indulge in incredible panoramic views from your waterfront enclave! Multi-Million dollar builds all around! Enjoy a quiet family neighborhood right here in highly sought after Santa Barbara Shores in Pompano Beach! Huge Growth and appreciation potential. Just a short boat ride to the Hillsboro Inlet! Open split floor plan with lots of natural light! Amazing location and proximity to restaurants, shopping, entertainment and all that Pompano Beach and surrounding areas has to offer!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$9289
Bedrooms
3
Bathrooms
2
SQFT
2,117
Furnished
unknown
Year built
1955
Listing Status
Off Market
MLS
F10428512

Short-term Rental Potential
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$92,052

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1005

Price/SQFT

Long-term Rental Potential
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$82,200

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$6,850/mo

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