3205 SE 7th Street 206, Pompano Beach, FL 33062 — MLS photo

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3205 SE 7th Street 206, Pompano Beach, FL 33062

Active · Condominium

$159,900

3205 SE 7th Street 206, Pompano Beach, FL 33062

Beds
1
Baths
1
Living area
560 sq ft
$ / sq ft
$286/sq ft
Year built
1960
Lot size
—
HOA fee
$291
Annual tax
—

About this property

Welcome to your slice of paradise in Pompano Beach. This bright second-floor one-bedroom, one-bath residence is just a five-minute walk to the beach and captures the relaxed charm of true South Florida coastal living. Located in a well-kept boutique community of only 16 units, residents enjoy a heated pool, BBQ area, laundry facilities, one assigned parking space, and low HOA fees. The unit faces south with peaceful pool views and features new impact windows and doors, new central AC, a newer water heater, fresh paint, a new kitchen ceiling, and new flooring throughout. Kitchen cabinets were intentionally left for your personal design touch. The building is a 55+ community, though some exceptions have been granted. Rentals are allowed after two years of ownership. No pets, no LLC or corporate ownership, no assessments, and no nearby construction. An affordable opportunity to own in a desirable beach neighborhood close to dining, shopping, and entertainment. Easy to show.

Property location

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3205 SE 7th Street 206, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
560 sq ft

Exterior & Structure

Property type
Condominium
Year built
1960

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$291
County
Broward
MLS listing ID
R11151947
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

-$99

Cap rate
4.9%
Net yield
4.9%
Cash-on-cash return
-2.7%
Gross yield
10.9%
Mortgage payment
$758/mo
Down payment
$39,975
Loan amount
$119,925
Annual NOI
$7,908

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