Off-Market Condo: 02 at 303 Gardens Dr, Pompano Beach, FL, 33069
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303 Gardens Dr, Pompano Beach, FL, 33069

- #102

$184,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $1,550 per month, based on comparable local listings. Estimated long-term cap rate of 0.1%. Spacious ALL AGES with lots of storage, Quiet and PET FRIENDLY. You have to see this one. The pictures don't do it justice. Tenant occupied so we couldn't photograph.Full kitchen with WASHER / DRYER and microwave, Tile FloorsCentral air, patio, and trash includedCondo amenities: TENNIS & BASKETBALL COURTS, GYM, SAUNA, JOGGING PATH, SWIMMING POOLTenant occupied with lease until October 31, 2024. Security deposit and last month's rent will be transferred to new owner at closing.Property is owned in a land trust which could be transferred to the new owner for reduced closing costs and ease of transfer.

Property Information
Monthly Rent
$1,550
Monthly HOA
$317
Rental Policy
STR Restrictions
Yearly Taxes
$2902
Bedrooms
1
Bathrooms
1
SQFT
640
Furnished
unknown
Year built
1984
Listing Status
Off Market
MLS
RX-10954142

Long-term Rental Potential
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$18,600

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,550/mo

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