Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 864 sq ft
Active · Condominium
$399,000
1391 S Ocean Boulevard 308, Pompano Beach, FL 33062
- Beds
- 2
- Baths
- 2
- Living area
- 864 sq ft
- $ / sq ft
- $462/sq ft
- Year built
- 1974
- Lot size
- —
- HOA fee
- $700
- Annual tax
- —
About this property
Are you looking for your ideal Florida home? Whether your dream home or great investment, you have found a jewel in the heart of Pompano Beach. An area of amazing growth, the Ritz Carlton is next door and Waldorf Astoria Residences down the street. This unit has impact windows, ceramic tile throughout and redone kitchen. A/C, water heater, etc. all in great shape. Delphi Towers has a private beach right across the street ,with parking, grills and showers. Please schedule an appointment to see this awesome unit at an affordable price. Apartment can be rented right away 4 times annually 3 months at a time.
Property location
Get Directions1391 S Ocean Boulevard 308, Pompano Beach, FL 33062
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1974
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $700
- County
- Broward
- MLS listing ID
- R10965850
- Listing status
- Active
Investment intelligence
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
-$1,069
- Cap rate
- 2.5%
- Net yield
- 2.5%
- Cash-on-cash return
- -11.5%
- Gross yield
- 8.0%
- Mortgage payment
- $1,891/mo
- Down payment
- $99,750
- Loan amount
- $299,250
- Annual NOI
- $9,868
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.