Interior
- Bathrooms
- 0
- Flooring
- Ceramic Tile, Tile
- Cooling
- Central Air
- Heating
- Central
Active · Condominium
$3,799,000
3212 NE 10th St, Pompano Beach, FL 33062
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1981
- Lot size
- 10,000 sq ft
- HOA fee
- —
- Annual tax
- $4,417
About this property
Direct access to the beach, 2 story residential building currently operated as 6 units fee simple dwelling (6146 s.f.). Building completed 40 years inspections and repairs in 2022. Roof replaced in 2018, hurricane proof windows, central AC, washer/dryer in all units. Currently rented with long term tenants in place. Located a few blocks north of revitalized Atlantic boulevard and new Pompano fishing pier, walking distance to restaurants and shops. Surrounded by new construction luxury multimillion properties. 4 2 beds /2 bath and 2 1bed/1 bath condos potentially can be converted to 10 units (6 1 bedrooms and 4 studios)
Property location
Get Directions3212 NE 10th St, Pompano Beach, FL 33062
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1981
- Lot size
- 10,000 sq ft
- Roof
- Shingle
- Construction
- Block
Parking
- Covered spaces
- 0
- Parking features
- Assigned, Guest
HOA, Community & Financials
- Security
- Smoke Detectors
- Annual tax
- $4,417
- County
- Broward
- Days on market
- 1056
- MLS listing ID
- A11317217
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,788
- Cap rate
- 5.1%
- Net yield
- 5.1%
- Cash-on-cash return
- -2.0%
- Gross yield
- 6.6%
- Mortgage payment
- $18,009/mo
- Down payment
- $949,750
- Loan amount
- $2,849,250
- Annual NOI
- $194,656
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.