Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,426 sq ft
Active · Condominium
$545,000
1401 S Ocean Blvd 408, Pompano Beach, FL 33062
- Beds
- 2
- Baths
- 2
- Living area
- 1,426 sq ft
- $ / sq ft
- $382/sq ft
- Year built
- 1972
- Lot size
- —
- HOA fee
- $1,194
- Annual tax
- —
About this property
Enjoy incredible views of the ocean from all windows in your apartment as well as the inter coastal as you enjoy a meal on your wraparound porch and take in breath taking sunrise and sets. This is a very large two bedroom two bathroom apartment with a convertible den that could be used as a third bedroom. The master bedroom has an additional sitting area that opens up to the balcony.This building also comes with private beach access to EL Mar Beach Club directly across the street. This building has completed all milestone inspections for 50 year certification and has been renovated and is currently renovating the lobby. Showings are Monday thru Friday 12 pm to 3 pm
Property location
Get Directions1401 S Ocean Blvd 408, Pompano Beach, FL 33062
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1972
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,194
- County
- Broward
- MLS listing ID
- A12002792
- 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
-$1,299
- Cap rate
- 2.8%
- Net yield
- 2.8%
- Cash-on-cash return
- -10.2%
- Gross yield
- 9.0%
- Mortgage payment
- $2,584/mo
- Down payment
- $136,250
- Loan amount
- $408,750
- Annual NOI
- $15,415
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.