Off-Market Property at 2690 NE 11th St, Pompano Beach, FL, 33062

2690 NE 11th St, Pompano Beach, FL, 33062

$1,394,999

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $353 per day and long-term for an average of $7,746 per month, based on similar listings in the area. Estimated short-term cap rate of -1.5%. Estimated long-term cap rate of -0.2%. Luxury waterfront living is available for YOU. East of US 1 in the popular boating community of Harbor Village, this thoughtfully updated home offers dockage & long south views down the ocean access canal with NO fixed bridges. Hop on your boat & motor to the Intracoastal in under 5 min., 15 min. to Hillsboro Inlet. When you return with the "catch of the day", clean it at your dock & relax under the 400 sq. ft. Tiki Hut with your feet up enjoying your favorite beverage while dinner is grilling. Long time owners have done all major work wi/ permits including, updated open kitchen & baths, 2023 flat tile roof & extra wide gutters, PVC plumbing, PGT impact windows & insulated, 2023 impact garage door, new paver driveway & walkways, 2018 Rheem AC & much more. Pompano Beach is revitalized!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$6013
Bedrooms
3
Bathrooms
2
SQFT
1,920
Furnished
unknown
Year built
1966
Listing Status
Off Market
MLS
F10429662

Short-term Rental Potential
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$74,004

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$726

Price/SQFT

Long-term Rental Potential
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$92,952

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$7,746/mo

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