Off-Market Property at 2560 NE 11th Ct, Pompano Beach, FL, 33062

2560 NE 11th Ct, Pompano Beach, FL, 33062

$699,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $163 per day and long-term for an average of $1,769 per month, based on similar listings in the area. Estimated short-term cap rate of -2.8%. Estimated long-term cap rate of -4.4%. Highly desired multi-family in the fastest growing area in east Pompano Beach! Ideally located east of US1 between Atlantic Blvd and the 14th Street Causeway – close to the newly renovated Pompano Beach Pier along with several brand new restaurants. The property features accordion shutters throughout and hurricane impact windows in the front, newer A/C units, and tankless water heaters. Roof is less than 10 years old. Both side are currently leased and on a month to month basis.

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7062
Bedrooms
1
Bathrooms
1
SQFT
1,532
Furnished
unknown
Year built
1959
Listing Status
Off Market
MLS
F10428931

Short-term Rental Potential
arrow_drop_up

$32,100

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$456

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$21,228

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$1,769/mo

Rent