Cays Realty
405 N Ocean Boulevard 1803, Pompano Beach, FL 33062 — MLS photo

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405 N Ocean Boulevard 1803, Pompano Beach, FL 33062

Active · Condominium

$535,000

405 N Ocean Boulevard 1803, Pompano Beach, FL 33062

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$446/sq ft
Year built
1970
Lot size
—
HOA fee
$1,018 Monthly
Annual tax
$10,034

About this property

Light, bright, high floor and updated 1200 sq 2 Bed 2 Bath. Enjoy your morning coffee sitting on your balcony overlooking the ocean and city. Newer high end appliances, AC and hot water. Parliament House is financial healthy. Current assessment to be paid by seller and no new assessments in sight.. Building has completed structural integrity study with no issues and new roof in 2025. Many amenities including a Mini Mart. It is a must see unit and building. NONE SMOKING BUILDING and can not lease for 3 years.

Property location

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405 N Ocean Boulevard 1803, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft
Flooring
Carpet, Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Living Dining Room, Main Living Area Entry Level, Shower Only, Stacked Bedrooms, Tub Shower, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1970
Stories
18
Lot size
0 sq ft
Architectural style
One Story
Roof
Composition
Construction
Block, Stucco
Exterior features
Balcony
Pool
None, Association, Community, Heated
View
Ocean, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Underground, Garage, One Space

HOA, Community & Financials

Association fee
$1,018 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Insurance, Internet, Laundry, Legal Accounting, Parking, Pest Control, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Water
Association
Castle Management
Association contact
954 941 2016
Amenities
Billiard Room, Bike Storage, Business Center, Fitness Center, Laundry, Library, Management, Other, Pool, Shuffleboard Court, Sauna, Security, Storage, Vehicle Wash Area, Elevators
Security
Building Security, Closed Circuit Cameras, Fire Alarm, Smoke Detectors, Fire Sprinkler System
Pets allowed
No
Annual tax
$10,034
Subdivision
PARLIAMENT HOUSE CONDO
County
Broward
Days on market
184
MLS listing ID
B26017673
Listing status
Active

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Estimated monthly cash flow

-$1,435

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.5%
Gross yield
8.1%
Mortgage payment
$2,536/mo
Down payment
$133,750
Loan amount
$401,250
Annual NOI
$13,220

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