412 S Cypress Rd 222, Pompano Beach, FL 33060 — MLS photo

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412 S Cypress Rd 222, Pompano Beach, FL 33060

Active · StockCooperative

$99,900

412 S Cypress Rd 222, Pompano Beach, FL 33060

Beds
2
Baths
2
Living area
840 sq ft
$ / sq ft
$119/sq ft
Year built
1968
Lot size
—
HOA fee
$476 Monthly
Annual tax
$968

About this property

Huge Price Reduction!!! This impressive two-bedroom, one-and-a-half-bath unit in the Virginian Apartments is ideally situated near the vibrant offerings of Pompano Beach. Residents can easily walk to the city center and the charming old town, which features a variety of shops and restaurants, while the beach is just a short drive away. The unit has been recently renovated, showcasing beautiful wood-look flooring, modern stainless steel appliances, and updated bathrooms. With an air conditioning system that is only three years old and a newly replaced roof, this property is well-maintained. Conveniently located directly across from a Publix grocery store, residents can also enjoy amenities such as a fantastic pool, shuffleboard, and a clubhouse. The association operates as a HOPA (55+) community, ensuring a peaceful living environment.

Property location

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412 S Cypress Rd 222, Pompano Beach, FL 33060

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
840 sq ft
Flooring
Hardwood, Laminate, Wood
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Walk In Closets

Exterior & Structure

Property type
StockCooperative
Year built
1968
Stories
2
Construction
CBSConcrete Block Structure, Block
Exterior features
Other
Pool
Heated
View
Garden, Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned, Guest, One Space

HOA, Community & Financials

Association fee
$476 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Laundry, Maintenance Structure, Parking, Recreation Facilities, Sewer, Trash, Water
Amenities
Bike Storage, Clubhouse, Community Kitchen, Laundry, Library, Barbecue, Picnic Area, Pool, Shuffleboard Court
Security
Other
Pets allowed
No
Annual tax
$968
Subdivision
VIRGINIAN APARTMENTS
County
Broward
Days on market
223
MLS listing ID
A11946276
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

$478

Cap rate
11.4%
Net yield
11.4%
Cash-on-cash return
20.5%
Gross yield
21.5%
Mortgage payment
$474/mo
Down payment
$24,975
Loan amount
$74,925
Annual NOI
$11,420

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