Off-Market Condo: 08 at 2900 NE 14th St, Pompano Beach, FL, 33062
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2900 NE 14th St, Pompano Beach, FL, 33062

- #808

$669,788

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $3,995 per month, based on comparable local listings. Estimated long-term cap rate of -3.2%. Rarely available-STUNNING DIRECT INTRACOASTAL with PANORAMIC OCEAN views from this 8th floor SE CORNER PRIVATE balcony. Water views from every room in this Large updated open floor plan unit. Recently remodeled with eat-in kitchen, separate dining area, 2 master suites, remote control blinds, large master walk-in closet & washer/dryer in unit. Bamboo floors in bedrooms. Includes Fire sprinkler system, 2 Garage parking spaces, fiber optic WIFI, resort style heated pool, 24/7 Sec, gym, sauna. 40-YR certification w/Concrete & balcony restoration & new roof is almost completed. Most sought after building on the West side of the ICW so no waiting at the bridge. Close to beach, restaurants, shopping, golf, boat ramp next door, just 25 minutes to FLL airport. Pet friendly-2 pets up to 25lbs each!

Property Information
Monthly Rent
$3,995
Monthly HOA
$1270
Rental Policy
STR Restrictions
Yearly Taxes
$11185
Bedrooms
2
Bathrooms
2
SQFT
1,430
Furnished
unknown
Year built
1981
Listing Status
Off Market
MLS
F10430728

Long-term Rental Potential
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$47,940

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,995/mo

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