Interior
- Bathrooms
- 0
- Living area
- 1,766 sq ft
- Flooring
- Terrazzo
- Cooling
- Central Air
- Heating
- Central
Active · Duplex
$649,900
321 SE 1st Avenue, Pompano Beach, FL 33060
- Beds
- —
- Baths
- 0
- Living area
- 1,766 sq ft
- $ / sq ft
- $368/sq ft
- Year built
- 1965
- Lot size
- —
- HOA fee
- —
- Annual tax
- $8,561
About this property
Outstanding Investment Opportunity In The Heart Of Pompano Beach! This Spacious, Updated Duplex Is Just Minutes To Sandy Beaches And Shopping. Features Include Hurricane Impact Windows And Doors, A New PVC Sewer Line, And Updated Central A/C System. The First Unit Offers A Generous 2-Bedroom, 1-Bathroom Layout, While The Second Unit Features A Large 1-Bedroom, 1-Bathroom. Both Units Are Equipped With Stackable Washers And Dryers And Have Separate Electric Meters. Currently Generating An Annual Gross Income Of $39,000, With A Potential To Increase To Over $50,000 Plus! Annual Expenses Include Taxes Of $8,561, Lawn Maintenance At $720, Insurance Costs Of $6,500, And Water And Trash $1,800. Great For First Time Investors Or Seasoned Pros!
Property location
Get Directions321 SE 1st Avenue, Pompano Beach, FL 33060
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Facts & features
Exterior & Structure
- Property type
- Duplex
- Year built
- 1965
- Stories
- 1
- Roof
- Composition, Shingle
- Construction
- Block
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $8,561
- Subdivision
- Garden Isles Sec 2 49-6 B
- County
- Broward
- Days on market
- 584
- MLS listing ID
- F10486213
- 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
$296
- Cap rate
- 6.2%
- Net yield
- 6.2%
- Cash-on-cash return
- 2.0%
- Gross yield
- 9.2%
- Mortgage payment
- $3,081/mo
- Down payment
- $162,475
- Loan amount
- $487,425
- Annual NOI
- $40,523
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.