2800 N Palm Aire Drive 108, Pompano Beach, FL 33069 — MLS photo

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2800 N Palm Aire Drive 108, Pompano Beach, FL 33069

Active · Condominium

$400,000

2800 N Palm Aire Drive 108, Pompano Beach, FL 33069

Beds
2
Baths
2
Living area
1,064 sq ft
$ / sq ft
$376/sq ft
Year built
1968
Lot size
—
HOA fee
$883 Monthly
Annual tax
$4,504

About this property

FULL RESERVES. TURNKEY, FULLY FURNISHED, OPEN CONCEPT ! CONTEMPORARY 2/2 on the GOLF COURSE, 10 minutes to the BEACH. WASHER/DRYER hookup! 2 Master Suites, one w/full golf course view. Huge FULL IMPACT Windows/Slider, New Floors, Kitchen and Paint. Shaker Cabinets, SS Appliances, Long Quartz Countertops. PARK in front of your door — no building entry required! Private location, yet 5-minutes to everything: shopping, restaurants, Walmart, CVS, Home Depot and ''The Pomp'', the $2 BILLION development w/1.3 million sft retail and entertainment space, including the newly renovated HARRAH'S CASINO, TOPGOLF and a ton of dining options. POMPANO BEACH is one of the fastest-growing cities in South Florida, known for restaurants, roof-top bars, 5-star waterfront dining or pizza at a sidewalk table. The Fisher Family Fishing Pier and new beachfront children's play/water areas are just 10 minutes away. The "Pompano Beach Innovation District" has already been approved, and the improvements will SKY-ROCKET YOUR INVESTMENT VALUE IN THE NEXT 3 YEARS. THIS IS YOUR CHANCE TO BE PART OF THE PROFIT AND APPRECIATION THAT ARE COMING - DON'T MISS IT. Some Pompano Beach upscale restaurants close: Houston's, PIER 6 ROOFTOP, The Foundry, Maxx's Café or grab a slice @ Heavenly Pizza. More are being added as we speak. The Waldorf Astoria began a 28-story w/residences starting at nearly $3M. Casual places are also plentiful: The Beach House, Oceanic, Lucky Fish Tiki Bar - everything from waterfront dining to fudge :) Nearby: Pompano Community Park: NEW GREG NORMAN SIGNATURE GOLF COURSE, 12 pickle-ball courts, playground, grills, benches, rental pavilions, basketball, concerts, walking/ biking/ jogging trail/ inline skating, volleyball, restrooms, dog park, and SO MUCH MORE. I-95 and Turnpike only 5 mins away, Airport 20 mins, South Beach 40 mins, PBI 35 mins, FLL Executive 10 mins, Boca Raton Executive 20 minutes. It's all about the LOCATION ! YOU ARE GOING TO LOVE LIFE in this great home.

Property location

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2800 N Palm Aire Drive 108, Pompano Beach, FL 33069

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,064 sq ft
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Built In Features, Bedroom On Main Level, Breakfast Area, Closet Cabinetry, Eat In Kitchen, Kitchen Island, Living Dining Room, Custom Mirrors, Main Level Primary, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1968
Stories
4
Construction
Block
Exterior features
Enclosed Porch, Patio
Pool
Heated, None
View
Golf Course

Parking

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

HOA, Community & Financials

Association fee
$883 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Laundry, Pest Control, Security, Trash, Water
Amenities
Basketball Court, Laundry, Barbecue, Picnic Area, Storage, Trails, Trash, Elevators
Pets allowed
No
Annual tax
$4,504
Subdivision
NO 1 PALM-AIRE COUNTRY CLU
County
Broward
Days on market
263
MLS listing ID
R11150871
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

-$674

Cap rate
3.7%
Net yield
3.7%
Cash-on-cash return
-7.2%
Gross yield
9.0%
Mortgage payment
$1,896/mo
Down payment
$100,000
Loan amount
$300,000
Annual NOI
$14,662

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