777 S Federal Highway Rp907, Pompano Beach, FL 33062 — MLS photo

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777 S Federal Highway Rp907, Pompano Beach, FL 33062

Active · Condominium

$400,000

777 S Federal Highway Rp907, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,029 sq ft
$ / sq ft
$389/sq ft
Year built
1972
Lot size
—
HOA fee
$944 Monthly
Annual tax
$6,493

About this property

NO PENDING ASSESSMENTS! LOW HOA. PETS ALLOWED. PRIVATE POOL for the Bldg. FIRST PARKING SPOT ! CORNER UNIT w/SPECTACULAR OCEANVIEWS FROM EVERY ROOM. PRIVATE BALCONY. You can see for days! OPEN FLOOR PLAN. WASHER/DRYER in laundry room. NEW FLOORS, KITCHEN, TRIM and PAINT! 2 POOLS, PLAY AREA, BBQ, WORKOUT FACILITY +MORE. SEARCH: ''Pompano Beach Innovation District'' to see the plans in progress that will SKY-ROCKET YOUR INVESTMENT VALUE IN THE NEXT 3 YEARS. THIS IS YOUR CHANCE TO BE PART OF THE PROFIT AND APPRECIATION THAT ARE COMING - The Waldorf Astoria announced 28-story boutique residences starting at $3M AND many more multi-million dollar complexes are coming to meet the high demand. DON'T MISS IT. NO LEASE FOR 2 YEARS but that's OK - you will want to LIVE HERE YOURSELF :) POMPANO is one of the fastest growing cities in S Florida, KNOWN FOR THE BEACH AND THE LIFESTYLE: Restaurants, Roof-top bars, 5-Star Waterfront Dining OR Pizza at a Sidewalk Table! The Fisher Family Fishing PIER and OCEANFRONT CHILDREN'S WATER/PLAY AREAS are complete. A few of the upscale restaurants are Houston's, PIER 6 ROOFTOP, Cafe Maxx, The Foundry, The Vault Bar & Restaurant, Beach House (ROOFTOP), South Bar & Kitchen, The Bite Eatery (10 eateries), Revelry - Plates and Potions Speakeasy, Baresco Taqueria & Bar including Mexican, Seafood, Sophisticated vibes and craft cocktails and waterfront dining to fudge :) Nearby: Pompano Community Park: NEW GREG NORMAN SIGNATURE GOLF COURSE, 12 pickleball courts, playground, grills, benches, rental pavilions, basketball, concerts, walking/ biking/ jogging trail/ inline skating, volleyball, restrooms, dog park, and SO MUCH MORE ... MINUTES TO THE HARDROCK HOTEL, the "POMP" (Harrah's Casino), Entertainment, Retail and so much more. 10 Minutes to 95 & South for airport access in 25 minutes, South Beach/Miami in 40, and 95 North 40 minutes to West Palm. You are going to love life in Pompano Beach.

Property location

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777 S Federal Highway Rp907, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,029 sq ft
Flooring
Vinyl
Appliances
Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Breakfast Area, Entrance Foyer, Eat In Kitchen, Living Dining Room, Split Bedrooms, Shower Only, Walk In Closets, Pantry, Utility Room
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1972
Stories
10
Lot size
0 sq ft
Construction
Block
Exterior features
Balcony
Pool
Pool, Association, Community
Waterfront
Fixed Bridge
View
Canal, Ocean, Water

Parking

Covered spaces
0
Parking features
Assigned, Deeded, Guest

HOA, Community & Financials

Association fee
$944 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Parking, Sewer, Security, Trash, Water
Amenities
Boat Dock, Fitness Center, Barbecue, Picnic Area, Pool, Guard, Elevators
Security
Gated With Guard, Lobby Secured, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$6,493
Subdivision
ISLAND CLUB TWO CONDO
County
Broward
Days on market
307
MLS listing ID
R11142174
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

-$958

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.3%
Gross yield
8.9%
Mortgage payment
$1,896/mo
Down payment
$100,000
Loan amount
$300,000
Annual NOI
$11,261

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