Cays Realty
405 N Ocean Boulevard 1918, Pompano Beach, FL 33062 — MLS photo

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405 N Ocean Boulevard 1918, Pompano Beach, FL 33062

Active · Condominium

$775,000

405 N Ocean Boulevard 1918, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,325 sq ft
$ / sq ft
$585/sq ft
Year built
1970
Lot size
—
HOA fee
$1,018 Monthly
Annual tax
$10,006

About this property

YOUR SKY HOME AWAITS. THIS MOVE IN READY. PREMIER PENTHOUSE HOME HAS UNDERGONE COMPLETE RENOVATIONS BY RENOWN DESIGNER CONTRACTOR J DESANTIS. TOTAL GUT OUT CONSTRUCTION TO INCLUDE NEW WALLS, PLUMBING, ELECTRIC. CEILINGS, FLOORS, KITCHEN BATHROOMS HEATING AND AIR CONDITIONING SYSTEMS OVER $220,000 OF RENOVATIONS. EAST EXPOSURE OFFERING DIRECT OCEAN VIEWS FROM ALL ROOMS. HOME RARELY USED. FOREIGN OWNER. PARLIAMENT HOUSE CONDO MOST DESIRED AND WELL MAINTAINED BUILDINGS ON THE BEACH. BUILDING INSPECTIONS AND RESERVES ARE CURRENT. NEW ROOF 2025. MODERN BUILDING. ON PREMISE PROPERTY MANAGEMENT COMPANY AND AROUND THE CLOCK 24/7 SECURITY. ENJOY THE SUN AND TROPICAL POOL ALL DAY (POOL DECK FACES EAST TO WEST). WHY SPEND MILLIONS NOW THAT YOU HAVE FOUND THIS GEM.

Property location

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405 N Ocean Boulevard 1918, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,325 sq ft
Flooring
Marble
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor
Cooling
Central Air, Electric, Humidity Control
Heating
Central, Electric
Interior features
Bidet, Built In Features, Breakfast Area, Dining Area, Separate Formal Dining Room, Eat In Kitchen, Main Living Area Entry Level, Other, Walk In Closets
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1970
Stories
19
Lot size
0 sq ft
Architectural style
Penthouse
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Pool, Association, Community
Waterfront
Ocean Access, Other
View
Ocean, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Underground, Garage, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$1,018 Monthly
Fee inclusions
Pest Control, Pools, Reserve Fund, Sewer, Water
Association
Coastal management
Association contact
9549412016
Amenities
Billiard Room, Bike Storage, Clubhouse, Controlled Access, Fitness Center, Hobby Room, Library, Maintenance, Barbecue, Picnic Area, Pool, Sauna, Storage, Vehicle Wash Area, Elevators
Security
Closed Circuit Cameras, Door Man, Secured Garage Parking, Key Card Entry, Lobby Secured, Security Guard, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$10,006
Subdivision
PARLIAMENT HOUSE CONDO
County
Broward
Days on market
277
MLS listing ID
F10548097
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,913

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.6%
Gross yield
7.0%
Mortgage payment
$3,674/mo
Down payment
$193,750
Loan amount
$581,250
Annual NOI
$21,126

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