257 S Cypress Road 414, Pompano Beach, FL 33060 — MLS photo

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257 S Cypress Road 414, Pompano Beach, FL 33060

Active · Condominium

$179,000

257 S Cypress Road 414, Pompano Beach, FL 33060

Beds
1
Baths
1
Living area
678 sq ft
$ / sq ft
$264/sq ft
Year built
1974
Lot size
—
HOA fee
$640
Annual tax
—

About this property

FULLY FUNDED BUILDING w/ NO KNOWN UPCOMING ASSESSMENTS! 10% down financing, Fannie Mae approved. Major 2026 improvements include NEW ROOFS, NEW BUILDING PAINT, PARKING LOT IMPROVEMENTS etc. Beautifully updated 1BR/1BA 1st floor condo in a boutique building in rapidly developing Downtown Pompano Beach. Features an open kitchen w/ island, wood cabinetry, quartz countertops, recessed lighting, waterproof vinyl flooring, impact windows & door, updated bath w/ subway tile & linen closet, new electrical panel etc. Enjoy peaceful views of the yard & heated pool from the screened patio with hurricane shutters & exterior storage. Spacious walk-in closet plus ample interior storage. Secure lobby, bike storage, heated pool, tennis courts, sauna, nightly security patrol. No known upcoming assessments.

Property location

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257 S Cypress Road 414, Pompano Beach, FL 33060

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
678 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
$640
County
Broward
MLS listing ID
F10555742
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

-$335

Cap rate
3.4%
Net yield
3.4%
Cash-on-cash return
-8.0%
Gross yield
11.5%
Mortgage payment
$849/mo
Down payment
$44,750
Loan amount
$134,250
Annual NOI
$6,166

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