Off-Market Condo: 05 at 700 Pine Dr, Pompano Beach, FL, 33060

700 Pine Dr, Pompano Beach, FL, 33060

- #205

$279,900

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $1,895 per month, based on comparable local listings. Estimated long-term cap rate of -1.5%. A Little Piece Of Paradise With One Of The Best Waterfront Views In All Of Pompano Beach. Everything Is New In This Completely Renovated Condo. Featuring Modern Finishes And Designer Touches. Porcelain Tile Throughout, Quartz Countertops, Stainless Steel Appliances, Custom White Cabinetry. It Simply Does not get more TURN KEY Than This Beautiful Unit With A Generously Sized Bedroom For A King Bed. This Coveted Waterfront Building Is Only 2 Miles From The Beach And All That The Newly Revitalized Pompano Beach Has To Offer. Boat Slip With Ocean Access Acquirable. Other Features Include: Hurricane Impact Windows And Doors, New A/C And Hot Water Heater(Both 2023), Electric Shades, New Glass Shower Doors(2023), Brand New Screens On Patio, Storage Unit, New Elevator in Building(2024), Low HOA.

Property Information
Monthly Rent
$1,895
Monthly HOA
$506
Rental Policy
STR Restrictions
Yearly Taxes
$3127
Bedrooms
1
Bathrooms
1
SQFT
620
Furnished
unknown
Year built
1966
Listing Status
Off Market
MLS
F10431743

Long-term Rental Potential
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$22,740

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,895/mo

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