1450 N Riverside Drive 201, Pompano Beach, FL 33062 — MLS photo

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1450 N Riverside Drive 201, Pompano Beach, FL 33062

Active · Condominium

$445,000

1450 N Riverside Drive 201, Pompano Beach, FL 33062

Beds
3
Baths
3
Living area
1,489 sq ft
$ / sq ft
$299/sq ft
Year built
1974
Lot size
—
HOA fee
$1,490
Annual tax
—

About this property

Huge incentive! Seller will pay at closing 6 months of HOA fees to the buyer! This corner unit with tons of natural light unit can be bought and rented out immediately with a 2-week minimum. Completely remodeled, this 3-bedroom 3-bathroom unit has washer and dryer in the unit, impact windows and doors, spacious bedrooms and open floor plan with a screened in porch. Pets are allowed. Plenty of parking with 2 designated parking spaces and guest parking. You can't beat the location. Walking distance to the beach, great restaurants, the pier and shopping.

Property location

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1450 N Riverside Drive 201, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,489 sq ft

Exterior & Structure

Property type
Condominium
Year built
1974
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,490
County
Broward
MLS listing ID
F10538978
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

-$1,050

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-10.1%
Gross yield
10.5%
Mortgage payment
$2,110/mo
Down payment
$111,250
Loan amount
$333,750
Annual NOI
$12,713

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