Off-Market Property at 331 SE 5th Ter, Pompano Beach, FL, 33060

331 SE 5th Ter, Pompano Beach, FL, 33060

$1,550,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $403 per day and long-term for an average of $4,724 per month, based on similar listings in the area. Estimated short-term cap rate of -1.5%. Estimated long-term cap rate of -4.0%. Boaters Paradise in Garden Isles!! This Beautiful, Spacious, & Completely Renovated Home Offers a Lifestyle of Luxury. The Open Kitchen Has State of the Art Appliances With An Induction Stove & A Sharp Built-In Microwave. The Dining Room Doors Completely Open Up To A Salt Water Swimming Pool, With A Heating & Cooling System! Master Bedroom Suite Opens Up To A Waterfront Oasis. 2 Additional Bedrooms & Baths Are Perfect For Family & Guests. Porcelain Tiles Throughout The Home. Impact Windows & Doors. New Ductwork & New A/C. Outdoor living space with Travertine Tiles, Wet Kitchen, Gas Grill & Gas Firepit, Along With An Outdoor Fenced-In Shower. Custom Landscaping with Outdoor Lighting, Remote Control Fans & Blinds, & Sound System. Dock Redone 2022. New Boat Lift & So Much More!!!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$19708
Bedrooms
3
Bathrooms
3
SQFT
2,171
Furnished
unknown
Year built
1960
Listing Status
Off Market
MLS
F10429154

Short-term Rental Potential
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$94,956

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$713

Price/SQFT

Long-term Rental Potential
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$56,688

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$4,724/mo

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