1439 S Ocean Boulevard 217, Pompano Beach, FL 33062 — MLS photo

Active · Condominium

$229,999

1439 S Ocean Boulevard 217, Pompano Beach, FL 33062

Beds: 1
Baths: 2
Living area: 641 sq ft
$ / sq ft: $359/sq ft
Year built: 1966
Lot size: —
HOA fee: $892 Monthly
Annual tax: $2,640

About this property

Quiet 3 story 50 unit bldg w/private beach access on deep water access canal across from the sand! This 2nd floor 1BR 1.5BA is ready for your personal touches & seller is motivated so bring your best offer. This unit is situated in a very quiet location, almost like you're in a private home. Features/updates include: new Bosch a/c (5/22), new hot water heater (10/21), porcelain tile on the diagonal in liv area and hallway, nice berber carpet in bedrm, laundry rm on each floor and only steps from this unit, Impact windows being installed 1st week August. The 40 year building certification has been completed.

Property location

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1439 S Ocean Boulevard 217, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms: 1
Bathrooms: 2
Living area: 641 sq ft
Flooring: Other, Tile
Appliances: Dishwasher, Electric Range, Refrigerator
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Bedroom On Main Level, Living Dining Room, Tub Shower, Walk In Closets

Exterior & Structure

Property type: Condominium
Year built: 1966
Stories: 3
Roof: Flat, Tile
Construction: Block
Exterior features: Balcony, Barbecue, Fence, Lighting
Pool: None
Waterfront: Canal Access, Canal Front, Intersecting Canal
View: Garden, Pool

Parking

Covered spaces: 0
Parking features: Guest

HOA, Community & Financials

Association fee: $892 Monthly
Fee inclusions: Parking, Pools, Reserve Fund, Roof, Sewer, Trash, Water
Amenities: Boat Dock, Bike Storage, Controlled Access, Maintenance, Barbecue, Picnic Area, Trash, Elevators
Security: Key Card Entry
Pets allowed: No
Annual tax: $2,640
Subdivision: Whittier Towers
County: Broward
Days on market: 1511
MLS listing ID: F10342197
Listing status: Active

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Monthly HOA ($)

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Vacancy (%)

Estimated monthly cash flow

-$729

Cap rate: 1.9%
Net yield: 1.9%
Cash-on-cash return: -13.6%
Gross yield: 9.3%
Mortgage payment: $1,090/mo
Down payment: $57,500
Loan amount: $172,499
Annual NOI: $4,335

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.