Cays Realty
201 N Ocean Boulevard 603, Pompano Beach, FL 33062 — MLS photo

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201 N Ocean Boulevard 603, Pompano Beach, FL 33062

Active · Condominium

$375,000

201 N Ocean Boulevard 603, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,000 sq ft
$ / sq ft
$375/sq ft
Year built
1966
Lot size
—
HOA fee
$784 Monthly
Annual tax
$4,982

About this property

Move in ready, bright, south facing 2 bedroom, 2 bath condo in vibrant Pompano Beach. Enjoy an open living space, kitchen with ocean views, impact windows and doors as well as new hurricane shutters and a large walk in storage closet in the unit. Spacious open balcony offers beautiful city and pool views. Covered carport parking included. Community features a beautiful, refinished pool area, BBQ area, extra storage, laundry on every floor, concrete restoration completed and unbeatable location just minutes from newly redeveloped Pompano Pier, beach, shopping, and great restaurants. Also minutes from golfing, tennis and pickleball.

Property location

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201 N Ocean Boulevard 603, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,000 sq ft
Flooring
Carpet, Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Living Dining Room, Shower Only, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1966
Stories
14
Lot size
0 sq ft
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Shutters Electric, Storm Security Shutters
Pool
None, Association, Community
View
Garden, Pool

Parking

Covered spaces
1
Parking features
Covered, Detached, Garage, Guest

HOA, Community & Financials

Association fee
$784 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Parking, Pools, Reserve Fund, Sewer, Trash, Water
Amenities
Clubhouse, Barbecue, Picnic Area, Pool, Shuffleboard Court, Storage, Elevators
Security
Intercom, Phone Entry
Pets allowed
No
Annual tax
$4,982
Subdivision
GRANADA HOUSE CONDOMINIUM
County
Broward
Days on market
327
MLS listing ID
F10538620
Listing status
Active

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Estimated monthly cash flow

-$648

Cap rate
3.6%
Net yield
3.6%
Cash-on-cash return
-7.4%
Gross yield
9.1%
Mortgage payment
$1,778/mo
Down payment
$93,750
Loan amount
$281,250
Annual NOI
$13,560

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