605 Oaks Drive 907, Pompano Beach, FL 33069 — MLS photo

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605 Oaks Drive 907, Pompano Beach, FL 33069

Active · Condominium

$265,000

605 Oaks Drive 907, Pompano Beach, FL 33069

Beds
2
Baths
2
Living area
1,150 sq ft
$ / sq ft
$230/sq ft
Year built
1974
Lot size
—
HOA fee
$776 Monthly
Annual tax
$1,015

About this property

Welcome to Palm Aire living with an open golf-course outlook and room to truly relax! This spacious 2Bedroom / 2bathroom condo combines comfort and convenience with impact windows, in-unit laundry, a beautifully remodeled bath and newer stainless-steel appliances. The screened balcony is your private spot for morning coffee, sunset breezes and endless views. Secure lobby building, assigned parking and guest parking. HOA includes water, cable, internet, pest control and reserves. Enjoy pay-and-play access to three golf courses, plus nearby shopping, dining and George Brummer Park. Fannie Mae & Freddie Mac eligible for conventional financing with low down payment! Excellent financials can buy wih Low Down payment. Building has fully funded reserves and completed inspections. Secured lobby with intercom/e-key, one assigned parking space, can register 2 vehicles and guest parking. HOA includes water, cable, internet, pest control, and reserves. Pay-and-play on three 18-hole golf courses. Steps to George Brummer Park with pickleball, tennis, playgrounds, basketball and walking paths.

Property location

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605 Oaks Drive 907, Pompano Beach, FL 33069

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,150 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Entrance Foyer, Eat In Kitchen, Living Dining Room, Main Living Area Entry Level, Stacked Bedrooms, Walk In Closets, Pantry

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
10
Lot size
0 sq ft
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Barbecue, Tennis Courts
Pool
Association, Community
View
Golf Course

Parking

Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$776 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Internet, Legal Accounting, Parking, Pools, Recreation Facilities, Reserve Fund, Roof, Trash, Water
Amenities
Basketball Court, Bike Storage, Maintenance, Barbecue, Picnic Area, Pool, Storage, Elevators
Security
Intercom, Lobby Secured, Phone Entry, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$1,015
Subdivision
Palm Aire Contry Club #5
County
Broward
Days on market
237
MLS listing ID
F10552747
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

$248

Cap rate
6.8%
Net yield
6.8%
Cash-on-cash return
4.0%
Gross yield
12.7%
Mortgage payment
$1,256/mo
Down payment
$66,250
Loan amount
$198,750
Annual NOI
$18,047

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