Cays Realty
2850 N Palm Aire Drive 601, Pompano Beach, FL 33069 — MLS photo

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2850 N Palm Aire Drive 601, Pompano Beach, FL 33069

Active · Condominium

$444,000

2850 N Palm Aire Drive 601, Pompano Beach, FL 33069

Beds
3
Baths
4
Living area
2,400 sq ft
$ / sq ft
$185/sq ft
Year built
1967
Lot size
—
HOA fee
$4,532 Quarterly
Annual tax
$6,689

About this property

ONE OF A KIND & Rarely available Penthouse on the Golf Course of Palm Aire Country Club! This property is 1 of 4 in ALL of Palm Aire, 2850 sqfeet of Luxury Living. A Golfer's Delight featuring 3 en-suites, California Closets, Private Dining Room, Washer & Dryer, Reverse OsmosisWater System, Huge Chef's Kitchen; Double Wall Ovens, Stainless steel Appliances, ALL Impact windows and Sliding Doors, Great views from your Double Balconies, has 2 Assigned parking spaces in front of secured Lobby. This Community has 3 Golf Courses, Multiple RECS & Heated Pools, BBQ Grills, Tennis, Bike & Jogging paths, Children's Playground & more. Located across from the new "POMP"which has Restaurants,Casino & Top Golf, only 15 minutes to the Beach! Live the Tropical Lifestyle in your Exquisite Penthouse!

Property location

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2850 N Palm Aire Drive 601, Pompano Beach, FL 33069

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,400 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Built In Features, Bedroom On Main Level, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, Garden Tub Roman Tub, Living Dining Room, Custom Mirrors, Other, Shower Only
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1967
Stories
6
Architectural style
Penthouse
Construction
Block
Exterior features
Balcony, Enclosed Porch, Security High Impact Doors
Pool
Association, Community
View
Golf Course

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$4,532 Quarterly
Fee inclusions
Insurance, Internet, Parking, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water
Amenities
Basketball Court, Community Kitchen, Golf Course, Maintenance, Barbecue, Picnic Area, Pool, Security, Storage, Trails, Trash, Elevators
Security
Intercom, Lobby Secured, Phone Entry, Security System, Security Guard
Pets allowed
No
Annual tax
$6,689
Subdivision
Palm Aire
County
Broward
Days on market
274
MLS listing ID
F10540079
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.

Estimated monthly cash flow

$555

Cap rate
7.2%
Net yield
7.2%
Cash-on-cash return
5.4%
Gross yield
15.0%
Mortgage payment
$2,105/mo
Down payment
$111,000
Loan amount
$333,000
Annual NOI
$31,914

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