1796 Bay Drive 1796, Pompano Beach, FL 33062 — MLS photo

Active · Townhouse

$2,699,000

1796 Bay Drive 1796, Pompano Beach, FL 33062

Beds: 3
Baths: 4
Living area: 3,080 sq ft
$ / sq ft: $876/sq ft
Year built: 1998
Lot size: —
HOA fee: $1,450 Monthly
Annual tax: $23,875

About this property

STUNNING OCEANFRONT HOME IN TRENDING POMPANO BEACH. HOME FEATURES STUNNING DIRECT OCEAN VIEWS, WOOD FLOORS, NATURAL GAS, GENERATOR, INTERIOR ELEVATOR, AND MORE. THE OCEAN GREETS YOU ON THE MAIN LEVEL AMISDT COZY FIREPLACE & MANTLE IN SOOTHING NEUTRAL TONES. REDESIGNED KITCHEN INCL. SUBZERO, GAS RANGE, & NEW OVER THE RANGE HOOD, DBLE CONVECTION OVEN, SERENE BACKSPLASH, & PLENTY OF CABINETRY. SPACIOUS PRIMARY SUITE BOASTS BREATHTAKING DIRECT OCEAN VIEWS & TRANQUIL SPA/BATHROOM W/ELEGANT MOSAIC WALLS, MULTIPLE VANITIES, SEPARATE SOLID TUB & GLASS ENCLOSED SHOWER. SECONDARY DOWNSTAIRS LIVING AREA EASILY CONVERTS TO 4TH BEDROOM/OFFICE SUITE OFFERING NEW WOOD FLOORING, FULL BAR W/SINK & CUSTOM LIGHTING, WINE COOLER, CLOSET, & FULL BATHROOM. RELAX AT THE PRIVATE BEACH EXCLUSIVE TO CORAL SHORES.

Property location

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1796 Bay Drive 1796, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 4
Living area: 3,080 sq ft
Flooring: Hardwood, Marble, Tile, Wood
Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Cooling: Central Air, Ceiling Fans, Electric
Heating: Central, Electric
Interior features: Bathtub, Dual Sinks, Entrance Foyer, High Ceilings, Split Bedrooms, Shower Only, Upper Level Primary, Walk In Closets, Elevator
Furnished: Unfurnished

Exterior & Structure

Property type: Townhouse
Year built: 1998
Stories: 3
Construction: CBSConcrete Block Structure, Block
Exterior features: Patio
Pool: Association, Community
Spa: Community
View: Ocean, Water

Parking

Garage spaces: 2
Covered spaces: 2
Parking features: Attached, Deeded, Garage, Guest, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee: $1,450 Monthly
Fee inclusions: Common Area Maintenance, Insurance, Legal Accounting, Roof
Amenities: Elevators, Other, Pool, Spa Hot Tub
Security: Closed Circuit Cameras, Fenced, Intercom, Lobby Secured, Phone Entry, Security System Owned, Security System, Smoke Detectors
Pets allowed: No
Annual tax: $23,875
Subdivision: HILLSBORO BAY BY THE SEA
County: Broward
Days on market: 340
MLS listing ID: F10538155
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.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

-$6,139

Cap rate: 3.0%
Net yield: 3.0%
Cash-on-cash return: -9.7%
Gross yield: 5.8%
Mortgage payment: $12,795/mo
Down payment: $674,750
Loan amount: $2,024,250
Annual NOI: $79,865

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