Cays Realty
1450 N Riverside Drive 102, Pompano Beach, FL 33062 — MLS photo

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1450 N Riverside Drive 102, Pompano Beach, FL 33062

Active · Condominium

$219,000

1450 N Riverside Drive 102, Pompano Beach, FL 33062

Beds
1
Baths
1
Living area
792 sq ft
$ / sq ft
$277/sq ft
Year built
1974
Lot size
—
HOA fee
$791 Monthly
Annual tax
$4,212

About this property

Investment opportunity just blocks from the beach! This recently renovated 1st floor condo is turn key ready - whether a place to call home or an investment with limited restrictions. Investors can now immediately rent out the property on platforms like Airbnb, VRBO, or any preferred method— with a 14 day minimum rental period and no restrictions on number of rentals per year. The building has completed it's 50-year certification & in 2025 replaced the roof and painted the exterior. The practical floor plan offers an open living/ dining concept, a large bedroom with walk-in closet & a private screened in balcony off the kitchen. Bon Bini is a small 2-story boutique building that's pet friendly. Don't miss out on this amazing chance to own a profitable rental property!

Property location

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1450 N Riverside Drive 102, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
792 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
Cooling
Central Air, Ceiling Fans
Heating
Central, Electric
Interior features
Bedroom On Main Level, First Floor Entry, Living Dining Room, Main Level Primary, Main Living Area Entry Level, Sitting Area In Primary, Tub Shower, Walk In Closets, Pantry

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
2
Lot size
0 sq ft
Construction
CBSConcrete Block Structure, Block
Exterior features
Barbecue, Enclosed Porch, Lighting
Pool
Association, Community
View
Garden, Pool

Parking

Covered spaces
0
Parking features
Assigned, Guest, Two Or More Spaces

HOA, Community & Financials

Association fee
$791 Monthly
Fee inclusions
Insurance, Legal Accounting, Parking, Pest Control, Pools, Reserve Fund, Roof, Sewer, Trash, Water
Amenities
Barbecue, Picnic Area, Pool, Storage
Pets allowed
No, Yes
Annual tax
$4,212
Subdivision
Bon Bini Condo
County
Broward
Days on market
299
MLS listing ID
F10542420
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

-$483

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.4%
Gross yield
11.1%
Mortgage payment
$1,038/mo
Down payment
$54,750
Loan amount
$164,250
Annual NOI
$6,665

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