Off-Market Property at 2305 Bay Dr, Pompano Beach, FL, 33062
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2305 Bay Dr, Pompano Beach, FL, 33062

$4,495,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $957 per day, based on similar listings in the area. Estimated short-term cap rate of -2.4%. Indulge in the ultimate in Beachside Living w/ this Luxurious Estate just steps from the Sand and Sea, providing the Quintessential Oasis for Relaxation & Entertaining. Impeccably Maintained, this Residence Boasts 6 Bdrms, 5 Baths, a Wine Room, Control 4, Gym/Bonus Room, 3-car Garage & a Rooftop Sanctuary w/ Panoramic Views of the Hillsboro Inlet, the Hillsboro Lighthouse and the Ocean. BRAND NEW 2024 ROOF w/ a transferable warranty! Full House Generator, Impact Windows/Doors, this Coastal Haven Features a Resort-Style Pool w/ a Rain Wall Cascading over a Shaded Pergola plus an Outdoor Kitchen. The 1st Floor Includes a Guest Residence w/ a Separate Entrance, a Full Kitchen & Spacious Living Room - Perfect for Hosting Guests or Generating Rental Income. Seller will consider Owner Financing

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$29
Rental Policy
daily
Yearly Taxes
$22991
Bedrooms
6
Bathrooms
5
SQFT
5,277
Furnished
unknown
Year built
1977
Listing Status
Off Market
MLS
RX-10952090

Short-term Rental Potential
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$204,468

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$851

Price/SQFT