Cays Realty
3050 N Palm Aire Drive 505, Pompano Beach, FL 33069 — MLS photo

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3050 N Palm Aire Drive 505, Pompano Beach, FL 33069

Active · Condominium

$189,000

3050 N Palm Aire Drive 505, Pompano Beach, FL 33069

Beds
1
Baths
1
Living area
852 sq ft
$ / sq ft
$222/sq ft
Year built
1969
Lot size
—
HOA fee
$591 Monthly
Annual tax
$3,153

About this property

Totally gutted and completely renovated condo in the beautiful Palm Aire. All work has been completed with HOA approval and city permits. Everything, even the living room walls are new. Modern and upscale. Don't compare with others. It is a must see for every buyer who is looking to buy in Palm Aire Country Club. Very Reasonable HOA monthly fee when compared with others. If you are seeing condos in Palm Aire, add this to your tour. Owner is motivated!

Property location

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3050 N Palm Aire Drive 505, Pompano Beach, FL 33069

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
852 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Breakfast Area, Kitchen Dining Combo, Shower Only, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1969
Stories
8
Architectural style
High Rise, Split Level
Roof
Other
Construction
Block
Exterior features
Balcony
Pool
None, Association, Community
View
Golf Course

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$591 Monthly
Fee inclusions
Common Area Maintenance, Pest Control, Trash
Amenities
Clubhouse, Elevators, Fitness Center, Pool
Security
Smoke Detectors
Pets allowed
No
Annual tax
$3,153
Subdivision
NO 8 PALM-AIRE COUNTRY CLU
County
Broward
Days on market
522
MLS listing ID
R11082136
Listing status
Active

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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

-$12

Cap rate
5.6%
Net yield
5.6%
Cash-on-cash return
-0.3%
Gross yield
13.0%
Mortgage payment
$896/mo
Down payment
$47,250
Loan amount
$141,750
Annual NOI
$10,604

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