Off-Market Property at 914 NE 8th Ct, Pompano Beach, FL, 33060
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914 NE 8th Ct, Pompano Beach, FL, 33060

$675,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $317 per day and long-term for an average of $6,200 per month, based on similar listings in the area. Estimated short-term cap rate of 2.9%. Estimated long-term cap rate of 4.2%. ROOF-2021: 3000+ LIVING SQUARE FEET/(3236 total) of OPPORTUNITY in the LATEST SECTION OF POMPANO TO BE REMODELED AVAILABLE NOW. You can buy BEFORE PRICES SKYROCKET in Pine-Crest, just West of Federal/North of Atlantic. NO HOA. NO RENTAL RESTRICTIONS. NO PET RESTRICTIONS. ROOF-2021 There's been discussion of a ROOFTOP TERRACE on this one! This 3bed, 3bath, 2car-garage home on a CORNER LOT is in the heart of the Master Plan Redevelopment. But that's not all ... it's 2 STORIES and solid brick. As you enter, the 21x16 Living Room is to the Left and leads to the large kitchen, eating area and one bathroom. To the Right is a 29x15 Family Room w/ a real fireplace, large windows and entrance to a 22x18 screened porch. Up the stairs leads to a 15x12 loft, 3 very large bedrooms, walk-in closets...

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$2843
Bedrooms
3
Bathrooms
3
SQFT
3,018
Furnished
unknown
Year built
1971
Listing Status
Off Market
MLS
RX-10974455

Short-term Rental Potential
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$65,376

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$223

Price/SQFT

Long-term Rental Potential
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$74,400

Revenue
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Profit
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Cap rate
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Cash on Cash
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$6,200/mo

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