Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 340 sq ft
Active · Condominium
$298,999
2508 Bay Dr 12, Pompano Beach, FL 33062
- Beds
- 1
- Baths
- 1
- Living area
- 340 sq ft
- $ / sq ft
- $879/sq ft
- Year built
- 1961
- Lot size
- —
- HOA fee
- $2,034
- Annual tax
- —
About this property
Location, Location, Location! Wake up to unobstructed waterfront views of the Hillsboro Inlet in this fully remodeled second floor studio at the Hillsboro Shores Executive Club. From sunrise to sunset, enjoy watching boats glide by while the historic Hillsboro Lighthouse adds timeless coastal charm to the scenery. Situated in the highly desirable private neighborhood of Hillsboro Shores, this rare waterfront gem in Pompano Beach offers a truly unique coastal lifestyle. Unit #12 features direct waterfront views and private beach access, delivering the perfect blend of inlet and ocean living. An exceptional opportunity in a one of a kind setting along Florida’s east coast. Concrete Restoration Complete. Motivated seller!
Property location
Get Directions2508 Bay Dr 12, Pompano Beach, FL 33062
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1961
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $2,034
- County
- Broward
- MLS listing ID
- A11949367
- 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
-$2,809
- Cap rate
- -5.6%
- Net yield
- -5.6%
- Cash-on-cash return
- -40.3%
- Gross yield
- 5.8%
- Mortgage payment
- $1,417/mo
- Down payment
- $74,750
- Loan amount
- $224,249
- Annual NOI
- -$16,695
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.