Cays Realty
901 Cypress Terrace 103, Pompano Beach, FL 33069 — MLS photo

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901 Cypress Terrace 103, Pompano Beach, FL 33069

Active · Condominium

$289,000

901 Cypress Terrace 103, Pompano Beach, FL 33069

Beds
3
Baths
2
Living area
1,500 sq ft
$ / sq ft
$193/sq ft
Year built
1978
Lot size
—
HOA fee
$782 Monthly
Annual tax
$3,152

About this property

Exceptional opportunity to acquire a spacious 3-bedroom, 2-bathroom condominium located on the first floor of Palm Aire Country Club, offering stunning views of the golf course and lake. This unit features elegant tile flooring and an updated kitchen equipped with maple wood cabinets and white quartz countertops. The expansive master suite includes ample closet space, as well as a walk-in closet, and is complemented by a generously sized master bath featuring quartz countertops. Situated in a two-story building, is conveniently located near the clubhouse and pool, providing easy access to amenities. The community boasts beautifully landscaped grounds and ample guest parking, ensuring convenience for visitors. Additionally, Large tiled screened porch. Security patrol for peace of mind. property is tenant occupied until Mat 26th, 2027 for $2,500.00 per month

Property location

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901 Cypress Terrace 103, Pompano Beach, FL 33069

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,500 sq ft
Flooring
Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Breakfast Area, Closet Cabinetry, French Doors Atrium Doors, First Floor Entry, Living Dining Room, Main Level Primary, Main Living Area Entry Level, Split Bedrooms, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1978
Stories
2
Lot size
0 sq ft
Architectural style
One Story, Split Level, Tri Level
Roof
Concrete, Slate
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Lighting, Storm Security Shutters
Pool
None, Association, Community
View
Golf Course, Lake, Pond, Water

Parking

Covered spaces
0
Parking features
Assigned, Guest, Two Or More Spaces

HOA, Community & Financials

Association fee
$782 Monthly
Fee inclusions
Cable Tv, Insurance, Pest Control, Reserve Fund, Roof, Sewer, Security, Trash, Water
Amenities
Basketball Court, Clubhouse, Community Kitchen, Fitness Center, Golf Course, Library, Maintenance, Barbecue, Picnic Area, Pool, Shuffleboard Court, Sauna, Security, Storage, Tennis Courts
Security
Other, Security Guard, Smoke Detectors
Pets allowed
No
Annual tax
$3,152
Subdivision
NO 97 PALM-AIRE COUNTRY CL
County
Broward
Days on market
206
MLS listing ID
B26008711
Listing status
Active

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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

$562

Cap rate
8.0%
Net yield
8.0%
Cash-on-cash return
8.3%
Gross yield
14.5%
Mortgage payment
$1,370/mo
Down payment
$72,250
Loan amount
$216,750
Annual NOI
$23,187

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