1105 S Riverside Drive 205, Pompano Beach, FL 33062 — MLS photo

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1105 S Riverside Drive 205, Pompano Beach, FL 33062

Active · Condominium

$229,000

1105 S Riverside Drive 205, Pompano Beach, FL 33062

Beds
1
Baths
1
Living area
585 sq ft
$ / sq ft
$391/sq ft
Year built
1961
Lot size
—
HOA fee
$449
Annual tax
—

About this property

Step into this Margaritaville themed 1 bed 1 bath home and enjoy the totally stunning Intracoastal and Lake Santa Barbara water view’s where everyday is a boat parade. Relax on your open balcony and watch for the manatees and dolphins swimming by! Inside, the unit has wood look laminate floors with tile in the kitchen area, stainless steel refrigerator and oven, spacious living room looking out onto the patio. Bedroom has floor to ceiling closets the entire length of the room. The community has a beautiful pool and loungers for you to relax and enjoy Florida’s finest! Act fast on this affordable winter or year-round beach retreat. Unit has impact windows and doors

Property location

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1105 S Riverside Drive 205, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
585 sq ft

Exterior & Structure

Property type
Condominium
Year built
1961

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$449
County
Broward
MLS listing ID
F10523946
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

-$516

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.7%
Gross yield
8.8%
Mortgage payment
$1,086/mo
Down payment
$57,250
Loan amount
$171,750
Annual NOI
$6,834

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