201 N Ocean Blvd 509, Pompano Beach, FL 33062 — MLS photo

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201 N Ocean Blvd 509, Pompano Beach, FL 33062

Active · Condominium

$350,000

201 N Ocean Blvd 509, Pompano Beach, FL 33062

Beds
1
Baths
1
Living area
775 sq ft
$ / sq ft
$452/sq ft
Year built
1966
Lot size
—
HOA fee
$576
Annual tax
—

About this property

Experience the best of coastal living in this beautifully updated 1-bedroom, 1-bathroom condo in desirable Pompano Beach. Ideally located just a short walk to the beach and surrounded by amazing restaurants, this residence offers the perfect blend of convenience and lifestyle. Step inside to an open, airy floor plan featuring a spacious, modern kitchen designed for both functionality and style. The living space is filled with natural light and showcases stunning ocean views, along with picturesque vistas of Fort Lauderdale’s Intracoastal Waterway. The bedroom is thoughtfully designed with a Murphy bed, allowing it to easily convert into a versatile office space—perfect for today’s flexible living needs. Enjoy your morning coffee watching the sunrise from the large private balcony, where sweeping ocean views create a serene retreat. No current assessments. Brand-new community pool. Parking lot resurfacing scheduled for 2026 with funds already in reserves. Granada House also offers a pool, BBQ area, extra storage, shuffleboard, and unbeatable beachside access. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this condo offers the ultimate South Florida lifestyle.

Property location

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201 N Ocean Blvd 509, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
775 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$576
County
Broward
MLS listing ID
A11991656
Listing status
Active

Investment intelligence

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$871

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.7%
Gross yield
8.1%
Mortgage payment
$1,659/mo
Down payment
$87,500
Loan amount
$262,500
Annual NOI
$9,454

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