1340 NE 28th Avenue 232, Pompano Beach, FL 33062 — MLS photo

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1340 NE 28th Avenue 232, Pompano Beach, FL 33062

Active · Condominium

$219,000

1340 NE 28th Avenue 232, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,063 sq ft
$ / sq ft
$206/sq ft
Year built
1969
Lot size
—
HOA fee
$782
Annual tax
—

About this property

Spacious 2/2 with newer AC, stainless steel appliances and a screened in patio. Marine Colony is a 2-story waterfront community in hot Pompano Beach. Leasing allowed the first year, pet friendly with 1 small dog or 2 cats. A great time to buy into this well maintained complex with a brand new roof. The complex has a pool by the canal, dockage when available through the Association and a fitness room.

Property location

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1340 NE 28th Avenue 232, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,063 sq ft

Exterior & Structure

Property type
Condominium
Year built
1969
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$782
County
Broward
MLS listing ID
F10544533
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

-$30

Cap rate
5.5%
Net yield
5.5%
Cash-on-cash return
-0.6%
Gross yield
13.8%
Mortgage payment
$1,038/mo
Down payment
$54,750
Loan amount
$164,250
Annual NOI
$12,095

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