Off-Market Property at 2601 NE 18th St, Pompano Beach, FL, 33062
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2601 NE 18th St, Pompano Beach, FL, 33062

$995,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $626 per day and long-term for an average of $4,750 per month, based on similar listings in the area. Estimated short-term cap rate of 5.8%. Estimated long-term cap rate of -1.4%. THIS HOME IS A MUST SEE!!Details were not spared in each room of this property. Beautiful, and modern 3 Bedrooms/4 Bathrooms, 2 Master Suites. This property is located 5 minutes from the beach, near entertainment, and major highways. This makes this property the perfect home for investors or your next Dream Home. Separate Driveway for Boats, and RV's.Impact windows, and doors, open concept kitchen extra den that can be used as a 4th bedroom or office. New A/C (2020), new electric, plumbing, natural gas, tankless water heater, new sprinklers, new fence, new driveway, and GORGEOUS OUTDOOR OASIS with built in BBQ. You do not want to miss out on this property.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7658
Bedrooms
3
Bathrooms
4
SQFT
1,930
Furnished
unknown
Year built
1954
Listing Status
Off Market
MLS
RX-10915953

Short-term Rental Potential
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$128,712

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$515

Price/SQFT

Long-term Rental Potential
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$57,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$4,750/mo

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