2201 SE 9th Street 107, Pompano Beach, FL 33062 — MLS photo

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2201 SE 9th Street 107, Pompano Beach, FL 33062

Active · Condominium

$289,900

2201 SE 9th Street 107, Pompano Beach, FL 33062

Beds
1
Baths
2
Living area
690 sq ft
$ / sq ft
$420/sq ft
Year built
1973
Lot size
—
HOA fee
$600
Annual tax
—

About this property

Stunning Corner Unit with Ocean-Access Water Views! This beautifully updated 1 bedroom, 1.5 bath ground-floor condo offers some of the best views in the building. Invest with great tenant or move in and enjoy water views all day. East of Federal Highway, this spacious unit features an open-concept kitchen with granite countertops and wood cabinetry, as well as tastefully updated bathrooms and tile flooring throughout. Enjoy the relaxing ambiance of a screened-in patio with serene water views. Full hurricane protection and extra storage. This pet friendly community has a newer roof, upgraded dock, and completed 50-year inspection with no assessments and low monthly dues. Boat, jet ski, and kayak slips are available when space permits, and best of all no fixed bridges to the ocean!

Property location

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2201 SE 9th Street 107, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
690 sq ft

Exterior & Structure

Property type
Condominium
Year built
1973
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$600
County
Broward
MLS listing ID
R11150650
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

-$767

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.3%
Gross yield
8.4%
Mortgage payment
$1,374/mo
Down payment
$72,475
Loan amount
$217,425
Annual NOI
$7,284

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