Off-Market Property at 391 SE 7th Ave, Pompano Beach, FL, 33060
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391 SE 7th Ave, Pompano Beach, FL, 33060

$1,395,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $411 per day and long-term for an average of $4,698 per month, based on similar listings in the area. Estimated short-term cap rate of -0.1%. Estimated long-term cap rate of -3.4%. Welcome home to your waterfront Pompano Paradise, located at the end of a quiet cul-de-sac in Garden Isles. You will fall in love the second you walk through the front door in the large open concept living space. 3 bedrooms / 3 bathrooms and a large En Suite. The indoor / outdoor flow is perfect for entertaining friends and family in your amazing outdoor space. Enjoy your resort style back yard. Hop off your boat, jump in your pool, and have a summertime bbq at your outdoor kitchen. 125' on the water with an updated reinforced seawall cap. Only 1 fixed bridge (US1) 12-14' clearance. Close to the amazing shops and restaurants that BOOMING Pompano Beach has to offer. Don't hesitate, schedule your private showing today.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$14563
Bedrooms
3
Bathrooms
3
SQFT
1,770
Furnished
unknown
Year built
1964
Listing Status
Off Market
MLS
F10435178

Short-term Rental Potential
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$102,528

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$788

Price/SQFT

Long-term Rental Potential
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$56,376

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$4,698/mo

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