777 S Federal Hwy RP305, Pompano Beach, FL 33062 — MLS photo

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777 S Federal Hwy RP305, Pompano Beach, FL 33062

Active · Condominium

$180,000

777 S Federal Hwy RP305, Pompano Beach, FL 33062

Beds
1
Baths
1
Living area
630 sq ft
$ / sq ft
$286/sq ft
Year built
1972
Lot size
—
HOA fee
$596 Monthly
Annual tax
$1,673

About this property

BEAUTIFUL WELL KEPT UNIT IN ISLAND CLUB, POMPANO BEACH! ALL AGES, NO RESTRICTIONS. THE BUILDING HAS PASSED ITS INSPECTIONS AND HAS RESERVES! NICELY UPDATED INSIDE, FEATURING IMPACT WINDOWS AND DOORS, HIGH END REAL WOOD FLOORING, ITALIAN TILING IN THE BATH AND REAL GRANITE COUNTERTOPS IN KITCHEN. CAN BE PURCHASED FURNISHED OR UNFURNISHED. ISLAND CLUB BOASTS TREMENDOUS AMENITIES. A WATERFRONT PROPERTY WITH MANY PRIVATE BOAT DOCKS. A TRUE RESORT LIKE POOL AREA WHICH IS HEATED YEAR ROUND & A HUGE HOT TUB. BBQ GRILLS, MULTIPLE TIKI HUTS, A PUTTING GREEN, SHUFFLEBOARD, A LITTLE DOG WALKING AREA, AND ETC. NOT TO MENTION THE LOCATION IS IN UP AND COMING POMPANO BEACH W/ WALKING DISTANCE ACCESS TO ATLANTIC BLVD WHICH IS UNDER HEAVY RENOVATION ADDING SHOPPING, DINING, AND MORE. PROJECTED TO BE ONE OF THE BEST BEACH CITIES TO LIVE AND PLAY!

Property location

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777 S Federal Hwy RP305, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
630 sq ft
Flooring
Tile
Appliances
Electric Range, Disposal, Microwave
Cooling
Central Air
Heating
Central
Interior features
Walk In Closets
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1972
Stories
10
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Barbecue, Courtyard, Patio
Pool
Association, Heated
Waterfront
Canal Front
View
Water

Parking

Garage spaces
0
Covered spaces
0
Parking features
Guest, One Space

HOA, Community & Financials

Association fee
$596 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Maintenance Grounds, Maintenance Structure, Parking, Pools, Recreation Facilities, Reserve Fund, Security, Trash, Water
Amenities
Basketball Court, Billiard Room, Bike Storage, Clubhouse, Laundry, Library, Barbecue, Picnic Area, Playground, Pool, Shuffleboard Court, Spa Hot Tub, Vehicle Wash Area, Elevators
Security
Complex Fenced, Phone Entry, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$1,673
Subdivision
ISLAND CLUB TWO CONDO
County
Broward
Days on market
298
MLS listing ID
A11902784
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

-$228

Cap rate
4.2%
Net yield
4.2%
Cash-on-cash return
-5.4%
Gross yield
10.9%
Mortgage payment
$853/mo
Down payment
$45,000
Loan amount
$135,000
Annual NOI
$7,508

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