Off-Market Property at 600 SE 4th Ave, Pompano Beach, FL, 33060

600 SE 4th Ave, Pompano Beach, FL, 33060

$1,080,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $395 per day and long-term for an average of $5,015 per month, based on similar listings in the area. Estimated short-term cap rate of 1.0%. Estimated long-term cap rate of -1.9%. Remodeled ocean access waterfront retreat in Pompano Beach! This stunning property offers 70 ft of waterfront with newer private dock and large saltwater pool. Inside, discover 3 beds and 2 updated baths highlighted by an oversized master suite featuring spectacular views of the pool and water. Recently updated bathroom with a luxurious infrared steam shower/sauna for ultimate relaxation. Impact windows, built-in sound system, recessed lighting. Enjoy travertine and porcelain tile flooring throughout. Open kitchen featuring stainless steel appliances and granite countertops. Boating enthusiasts will delight in the ocean access, excellent fishing, diving spots, and waterfront dining accessible by boat. NO HOA.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$11373
Bedrooms
3
Bathrooms
2
SQFT
1,459
Furnished
unknown
Year built
1991
Listing Status
Off Market
MLS
RX-10957706

Short-term Rental Potential
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$90,792

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$740

Price/SQFT

Long-term Rental Potential
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$60,180

Revenue
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Profit
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Cap rate
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Cash on Cash
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$5,015/mo

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