1391 S Ocean Boulevard 309, Pompano Beach, FL 33062 — MLS photo

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1391 S Ocean Boulevard 309, Pompano Beach, FL 33062

Active · Condominium

$395,999

1391 S Ocean Boulevard 309, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
864 sq ft
$ / sq ft
$458/sq ft
Year built
1974
Lot size
—
HOA fee
$800
Annual tax
—

About this property

Beautiful 2BR/2BA corner residence in East Pompano Beach, directly across from the beach with tranquil canal views. This coastal retreat features an bright open-concept design, with granite countertops, creating a seamless flow for elegant living and entertaining. Split-bedroom layout with hurricane impact windows and private screened balcony. Rent immediately up to 4x per year at min. of 3 months, ideal for investors. Laundry facilities on each floor, private storage bin, 50-year inspection passed, building freshly painted, along with other major renovations completed, including a resort-style Olympic-sized pool. Small pets welcome. Enjoy private beach access across the street, providing a relaxing oceanfront retreat. Luxury multi-million condos rising next door enhance future value.

Property location

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1391 S Ocean Boulevard 309, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
864 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
$800
County
Broward
MLS listing ID
F10553943
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

-$1,156

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.5%
Gross yield
8.0%
Mortgage payment
$1,877/mo
Down payment
$99,000
Loan amount
$296,999
Annual NOI
$8,659

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