2611 N Riverside Dr 901, Pompano Beach, FL 33062 — MLS photo

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2611 N Riverside Dr 901, Pompano Beach, FL 33062

Active · Condominium

$608,000

2611 N Riverside Dr 901, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,102 sq ft
$ / sq ft
$552/sq ft
Year built
1972
Lot size
—
HOA fee
$2,525
Annual tax
—

About this property

Experience stunning unobstructed views of the Atlantic Ocean, Hillsborough inlet lighthouse, and "millionaires mile", from this completely renovated luxury ninth floor corner unit, located directly on the intracoastal waterway. Enjoy magnificent sunsets, a daily boat parade, and an abundance of marine life from your personal balcony. Additionally, private gated beach access is available. This desirable boutique condo is conveniently located within a three minute walk to a chartered fishing marina, water taxi, retail shops, and a historical public park.

Property location

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2611 N Riverside Dr 901, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,102 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,525
County
Broward
MLS listing ID
A11977069
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

-$3,434

Cap rate
-1.1%
Net yield
-1.1%
Cash-on-cash return
-24.2%
Gross yield
7.2%
Mortgage payment
$2,882/mo
Down payment
$152,000
Loan amount
$456,000
Annual NOI
-$6,623

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