Cays Realty
581 SE 5th Avenue, Pompano Beach, FL 33060 — MLS photo

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581 SE 5th Avenue, Pompano Beach, FL 33060

Active · SingleFamilyResidence

$2,199,999

581 SE 5th Avenue, Pompano Beach, FL 33060

Beds
5
Baths
4
Living area
2,538 sq ft
$ / sq ft
$867/sq ft
Year built
1960
Lot size
9,171 sq ft
HOA fee
—
Annual tax
$18,818

About this property

Experience coastal luxury in this fully updated 5-bedroom, 4 bath waterfront home with ocean access in East Pompano. Located on a spacious corner lot in Pompanos sought after Cypress Harbor. This 2,846sqft residence features two luxurious master suites and two guest bedrooms. The open floor plan flows effortlessly into a designers chef's kitchen complete with custom cabinetry, oversized island and 5 burner gas range. Ideal for entertaining, the home extends to a resort style pool & hot tub, outdoor lounge area, and private dock. Just minutes by golf cart to Pompano Beach Pier and nearby restaurants, with a short boat ride to Hillsboro Inlet. Enjoy the ultimate Florida lifestyle, walk from your kitchen to your boat and set off on a sunset cruise.

Property location

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581 SE 5th Avenue, Pompano Beach, FL 33060

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Facts & features

Interior

Bedrooms
5
Bathrooms
4
Living area
2,538 sq ft
Appliances
Some Gas Appliances, Dryer, Electric Water Heater, Gas Range, Microwave
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Breakfast Area, Dual Sinks, Eat In Kitchen, Kitchen Island, Split Bedrooms, Separate Shower, Walk In Closets, Pantry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1960
Stories
1
Lot size
9,171 sq ft
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Fence
Pool
Pool
Waterfront
Fixed Bridge
View
Canal

Parking

Garage spaces
0
Covered spaces
0
Parking features
Circular Driveway

HOA, Community & Financials

Amenities
None, Pool
Pets allowed
No
Annual tax
$18,818
Subdivision
CYPRESS HARBOR 5 TH SEC
County
Broward
Days on market
476
MLS listing ID
R11104205
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

-$3,724

Cap rate
3.7%
Net yield
3.7%
Cash-on-cash return
-7.3%
Gross yield
5.8%
Mortgage payment
$10,429/mo
Down payment
$550,000
Loan amount
$1,649,999
Annual NOI
$80,456

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