651 Pine Drive 306, Pompano Beach, FL 33060 — MLS photo

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651 Pine Drive 306, Pompano Beach, FL 33060

Active · StockCooperative

$245,000

651 Pine Drive 306, Pompano Beach, FL 33060

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$204/sq ft
Year built
1969
Lot size
—
HOA fee
$600 Monthly
Annual tax
$2,000

About this property

2/2 home, 1,200 square feet, located on the top floor of a Garden Style Apartment building that has recently undergone concrete restoration and has been freshly painted. Just 1.9 miles from Pompano Beach!Fully updated open kitchen featuring Calcutta quartz countertops, a peninsula with seating for two, white shaker cabinets, and stainless steel appliances.Large master bedroom suite with a custom walk-in closet.Bathroom: Fully updated with modern finishes.Luxury vinyl flooring throughoutLocated next to the elevator and laundry with extra storage.No neighbors directly on either side or above.Two assigned parking spots in tandem.APPROVED 50 YEAR CERTIFICATION *No current assessments.*All interior updates were completed with permits approved by the city.Cash Only. A two-bedroom, two-bathroom home, 1,200 square feet, located on the top floor of a Garden Style Apartment building that has recently undergone concrete restoration and has been freshly painted. Just 1.9 miles from Pompano Beach!APPROVED 50 YEAR CERTIFICATION Kitchen: Fully updated open kitchen featuring Calcutta quartz countertops, a peninsula with seating for two, white shaker cabinets, and stainless steel appliances.Master Suite: Large master bedroom suite with a custom walk-in closet.Bathroom: Fully updated with modern finishes.Flooring: Luxury vinyl flooring throughout.Convenience: Located next to the elevator and laundry with extra storage.Privacy: No neighbors directly on either side or above.Parking: Two assigned parking spots in tandem.Assessments: No current assessments.Permits: All interior updates were completed with permits approved by the city.Cash Only.

Property location

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651 Pine Drive 306, Pompano Beach, FL 33060

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft
Flooring
Vinyl
Appliances
Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Closet Cabinetry, Sitting Area In Primary, Bar, Walk In Closets

Exterior & Structure

Property type
StockCooperative
Year built
1969
Stories
3
Architectural style
Garden Apartment
Construction
Block
Exterior features
Balcony, Enclosed Porch, Lighting
Pool
Association, Community
View
Other, Water

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$600 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Legal Accounting, Parking, Pools, Reserve Fund, Sewer, Trash, Water
Amenities
Maintenance, Pool, Shuffleboard Court, Storage, Trash, Vehicle Wash Area
Security
Fire Alarm, Smoke Detectors
Pets allowed
No
Annual tax
$2,000
Subdivision
GARDEN ISLE 2
County
Broward
Days on market
537
MLS listing ID
F10493754
Listing status
Active

Investment intelligence

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$480

Cap rate
8.0%
Net yield
8.0%
Cash-on-cash return
8.4%
Gross yield
13.9%
Mortgage payment
$1,161/mo
Down payment
$61,250
Loan amount
$183,750
Annual NOI
$19,692

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