405 N Ocean Boulevard 208, Pompano Beach, FL 33062 — MLS photo

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405 N Ocean Boulevard 208, Pompano Beach, FL 33062

Active · Condominium

$399,000

405 N Ocean Boulevard 208, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$333/sq ft
Year built
1971
Lot size
—
HOA fee
$1,018
Annual tax
—

About this property

Light and bright 2 bedroom, 2 bath apartment in the fabulous Parliament House. Updated and mov-in ready. No carpets. Ocean views from the balcony. Maintenance includes cable, internet and water. Parliament House amenities include 24 hour front desk security, renovated stylish lobby, resort style heated pool sauna,, barbecue areas, fitness room, library, game and billiard room. Parking in garage. Building has completed inspections. All units are accessed from inside the building, there are NO exterior catwalks. Walk to the famous Pompano Fishing Pier, restaurants galore. All assessments have been paid in full.

Property location

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405 N Ocean Boulevard 208, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft

Exterior & Structure

Property type
Condominium
Year built
1971

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,018
County
Broward
MLS listing ID
R11158765
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

-$843

Cap rate
3.2%
Net yield
3.2%
Cash-on-cash return
-9.1%
Gross yield
9.8%
Mortgage payment
$1,891/mo
Down payment
$99,750
Loan amount
$299,250
Annual NOI
$12,586

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