Off-Market Condo: K3 at 3102 Portofino Pt, Pompano Beach, FL, 33066
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3102 Portofino Pt, Pompano Beach, FL, 33066

- #K3

$230,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $278 per day and long-term for an average of $2,256 per month, based on similar listings in the area. Estimated short-term cap rate of 11.5%. Estimated long-term cap rate of 1.3%. Large 2/2, probably the best senior 18 hole golf community. One resident must be 55 in Wynmoor. Tiles throughout. Large closets, large vanities, new toilets, stove, dishwasher, a/c, hot water tank, and rare storm shutters floor to ceiling both front and back of condo. New windows in the enclosed patio. 75 different clubs, plus a theatre, clubhouse, restaurant, fitness center, zumba, billiards, hot spa, BBQ stations, movie theatre, tennis, pickleball, pools, and maintenance dept. New elevator, and all assessments are paid. In house bus service for your convenience or walk to the plaza. Includes basic cable, HBO, and water, etc.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$547
Rental Policy
daily
Yearly Taxes
$2927
Bedrooms
2
Bathrooms
2
SQFT
1,162
Furnished
unknown
Year built
1980
Listing Status
Off Market
MLS
F10430943

Short-term Rental Potential
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$50,628

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$197

Price/SQFT

Long-term Rental Potential
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$27,072

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,256/mo

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