111 Briny Avenue 1401, Pompano Beach, FL 33062 — MLS photo

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111 Briny Avenue 1401, Pompano Beach, FL 33062

Active · Condominium

$649,999

111 Briny Avenue 1401, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,074 sq ft
$ / sq ft
$605/sq ft
Year built
1974
Lot size
—
HOA fee
$1,107
Annual tax
—

About this property

Seller Financing Available, Priced to Sell! Modern renovation & rarely available NE corner 2/2 with unobstructed ocean views all the way to the Lighthouse. You'll have 24/7 security guard, secure parking garage, cable, internet included. Resort style amenities in this oceanfront building w/multi-million $ oceanfront clubhouse right on the sand offering 2 pools, sundeck, cabanas, card & billiard rooms, teen room, 2 state-of-the-art fitness rooms, snack bar, oceanfront Bottle Club & Cafe, picnic tables & BBQ areas on the beach. This location is very near for an easy stroll to the fabulous new Pompano Pier area, several five star restaurants, shopping, pharmacies, banking. Investors can rent immediately.

Property location

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111 Briny Avenue 1401, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,074 sq ft

Exterior & Structure

Property type
Condominium
Year built
1974
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,107
County
Broward
MLS listing ID
F10447482
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

-$2,248

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-14.8%
Gross yield
6.9%
Mortgage payment
$3,081/mo
Down payment
$162,500
Loan amount
$487,499
Annual NOI
$10,003

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