Off-Market Property at 2782 NE 3rd St, Pompano Beach, FL, 33062

2782 NE 3rd St, Pompano Beach, FL, 33062

$6,350,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $848 per day and long-term for an average of $25,000 per month, based on similar listings in the area. Estimated short-term cap rate of -4.2%. Estimated long-term cap rate of -2.6%. Commonly known by locals as ''The White House Of Pompano Beach'', this stunning corner lot is on the DIRECT INTRACOASTAL and was FULLY renovated in 2011 from top to bottom. Better yet, this Luxury Waterfront Home is located in a 'No Wake Zone' with 210' of dock space plus a boat lift. The home is complete with a ground level Master suite, 3 A/C units plus dehumidification system, ADT camera system, and swat system for mosquito prevention. Fully Renovated with HIGH-END finishes, so simply bring your luggage. Enjoy a nice family BBQ and cocktail on the BEST Lot in all of Pompano Beach!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$56725
Bedrooms
5
Bathrooms
6
SQFT
5,105
Furnished
unknown
Year built
1983
Listing Status
Off Market
MLS
RX-10926986

Short-term Rental Potential
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$197,292

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1243

Price/SQFT

Long-term Rental Potential
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$300,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$25,000/mo

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