575 Oaks Lane 1002, Pompano Beach, FL 33069 — MLS photo

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575 Oaks Lane 1002, Pompano Beach, FL 33069

Active · Condominium

$229,000

575 Oaks Lane 1002, Pompano Beach, FL 33069

Beds
2
Baths
2
Living area
1,150 sq ft
$ / sq ft
$199/sq ft
Year built
1974
Lot size
—
HOA fee
$784
Annual tax
—

About this property

Seller motivated. Seller financing available. Located in a desirable golf community with no mandatory membership, this mostly renovated, move-in-ready residence with designer upgrades. Features include impact windows, Nest thermostat, in-unit cameras, Berber carpet, plantation shutters, stackable Washer/Dryer in-unit, new A/C (2024), new water heater (2025) and storage cage. Beautifully maintained building with lush landscaping, clubhouse and two pools. Prime location near shopping, dining, highways and casino. Stylish turnkey living! Can lease after 1 year of ownership for a min of 4 months each time. No Assessments. Check out the video walk through tour!! Will not last!!

Property location

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575 Oaks Lane 1002, Pompano Beach, FL 33069

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,150 sq ft

Exterior & Structure

Property type
Condominium
Year built
1974
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$784
County
Broward
MLS listing ID
F10552194
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

$64

Cap rate
6.0%
Net yield
6.0%
Cash-on-cash return
1.2%
Gross yield
14.1%
Mortgage payment
$1,086/mo
Down payment
$57,250
Loan amount
$171,750
Annual NOI
$13,798

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