777 S Federal Highway F109, Pompano Beach, FL 33062 — MLS photo

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777 S Federal Highway F109, Pompano Beach, FL 33062

Active · Condominium

$320,000

777 S Federal Highway F109, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,035 sq ft
$ / sq ft
$309/sq ft
Year built
1971
Lot size
—
HOA fee
$850
Annual tax
—

About this property

Rare opportunity in the highly desirable Island Club community in Pompano Beach! This unique first-floor peninsula unit is the only one of its kind, offering water views on all sides for a truly special waterfront setting. The condo features 2 bedrooms and 2 full bathrooms with 100% tile flooring throughout for easy maintenance and a clean, modern feel. The majority of the windows are impact glass, providing added storm protection, energy efficiency, and peace of mind. Enjoy a fantastic location close to beaches, shopping, dining, and major roadways. Island Club residents have access to great amenities including a pool, fitness center, and clubhouse. Perfect for year-round living or a seasonal retreat.

Property location

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777 S Federal Highway F109, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,035 sq ft

Exterior & Structure

Property type
Condominium
Year built
1971

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$850
County
Broward
MLS listing ID
F10555380
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

-$592

Cap rate
3.5%
Net yield
3.5%
Cash-on-cash return
-7.9%
Gross yield
10.3%
Mortgage payment
$1,517/mo
Down payment
$80,000
Loan amount
$240,000
Annual NOI
$11,104

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