Off-Market Property at 428 NE 23rd Ave, Pompano Beach, FL, 33062
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428 NE 23rd Ave, Pompano Beach, FL, 33062

$885,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $420 per day and long-term for an average of $7,620 per month, based on similar listings in the area. Estimated short-term cap rate of 3.2%. Estimated long-term cap rate of 2.2%. Welcome to your dream home in Pompano Beach! This stunning single-family residence offers a perfect blend of modern luxury and classic charm. This spacious 4-bed, 3-bath home features tile and vinyl floor throughout, dual living rooms, hurricane impact windows and doors, including a one-car garage. The gourmet kitchen is a chef's delight, equipped with stainless steel appliances, custom cabinets, granite countertops, and a center island with seating. Step outside to your own backyard oasis, complete with a sparkling heated pool, jacuzzi, firepit and covered patio with built-in BBQ, perfect for entertaining. The large fenced yard offers privacy and a serene atmosphere for outdoor enjoyment. Minutes from beautiful Pompano Beach, this home combines luxury living with coastal convenience.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$15528
Bedrooms
4
Bathrooms
3
SQFT
2,035
Furnished
unknown
Year built
1952
Listing Status
Off Market
MLS
F10430909

Short-term Rental Potential
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$100,776

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$434

Price/SQFT

Long-term Rental Potential
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$91,440

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$7,620/mo

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