Cays Realty
801 S Federal Highway 308, Pompano Beach, FL 33062 — MLS photo

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801 S Federal Highway 308, Pompano Beach, FL 33062

Active · Condominium

$387,500

801 S Federal Highway 308, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,210 sq ft
$ / sq ft
$320/sq ft
Year built
1973
Lot size
—
HOA fee
$935 Monthly
Annual tax
$6,529

About this property

CONCRETE & PAINTING OF BUILDING FOR CERTIFICATION IS COMPLETE-ASSESSMENT PAID IN FULL-SPECTACULAR WATER VIEWS FROM EVERY ROOM-UPDATED KITCHEN AND BATHROOMS-MASTER BEDROOM HAS WALK IN CLOSET-PLANTATION SHUTTERS-APPLIANCES RARELY USED-SHOWS LIKE A MODEL-BEAUTIFUL SUNSETS-NEW LOBBY & FITNESS ROOM-BOAT DOCKAGE AS AVAILABLE-SALT WATER POOL, KOI POND, BILLIARDS, LIBRARY, PICNIC AND BARBECUE AREA-ALSO DOCKSIDE SITTING AREA-MAINTENANCE INCLUDES INSURANCE, WATER, SEWER, CAR WASHING STATION AND ALL EXTERIOR MAINTENANCE.

Property location

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801 S Federal Highway 308, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,210 sq ft
Flooring
Carpet
Appliances
Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Kitchen Island, Living Dining Room, Shower Only, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1973
Stories
12
Lot size
0 sq ft
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Storm Security Shutters
Pool
None, Association, Community
Waterfront
Canal Front, Fixed Bridge, Intersecting Canal
View
Canal

Parking

Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$935 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Insurance, Laundry, Pest Control, Trash, Water
Amenities
Boat Dock, Billiard Room, Fitness Center, Laundry, Management, Barbecue, Picnic Area, Pool, Sauna, Trash, Elevators
Security
Closed Circuit Cameras, Intercom, Lobby Secured, Phone Entry, Security System
Pets allowed
No
Annual tax
$6,529
Subdivision
WATERFORD POINT CONDO
County
Broward
Days on market
243
MLS listing ID
R11163770
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

-$623

Cap rate
3.8%
Net yield
3.8%
Cash-on-cash return
-6.9%
Gross yield
10.0%
Mortgage payment
$1,837/mo
Down payment
$96,875
Loan amount
$290,625
Annual NOI
$14,573

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