Off-Market Property at 2500 SE 4th St, Pompano Beach, FL, 33062

2500 SE 4th St, Pompano Beach, FL, 33062

$749,788

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $248 per day and long-term for an average of $4,654 per month, based on similar listings in the area. Estimated short-term cap rate of 0.0%. Estimated long-term cap rate of 0.1%. Updated corner lot home in the heart of East Pompano Beach. 2 beds, 2 baths, with a den/office that can easily be converted into a 3rd bedroom, plus a large enclosed Florida room. Ensuite primary with walk in closet. Spacious living/dining area, gourmet kitchen, waterfall granite countertops, gas range and new wooden cabinetry. Abundant natural light, terrazzo floors, crown molding. Impact windows & doors, whole house GENERAC 22,000 watts generator. 1 car garage. Fully fenced backyard great for entertaining friends and family under the Tiki hut & bar. Room for a pool, renderings available. Close to beach, golf course, pickleball, Fisher Family Pier, and the vibrant life of Atlantic Blvd. Electrical panels 2020. Impact windows 2022. Tankless gas HWH 2022. Appliances 2023. AC 2018. No HOA.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7371
Bedrooms
2
Bathrooms
2
SQFT
1,676
Furnished
unknown
Year built
1968
Listing Status
Off Market
MLS
F10431181

Short-term Rental Potential
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$55,572

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$447

Price/SQFT

Long-term Rental Potential
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$55,848

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$4,654/mo

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