3216 SE 12th St 8, Pompano Beach, FL 33062 — MLS photo

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3216 SE 12th St 8, Pompano Beach, FL 33062

Active · StockCooperative

$204,900

3216 SE 12th St 8, Pompano Beach, FL 33062

Beds
1
Baths
2
Living area
650 sq ft
$ / sq ft
$315/sq ft
Year built
1961
Lot size
—
HOA fee
$565
Annual tax
—

About this property

Enjoy everything Silver Shores has to offer, including fun seasonal activities, community events, and plenty of opportunities to socialize with neighbors. Relax by the pool, fish from the dock, or simply enjoy the laid-back waterfront lifestyle. Boat dockage may be available for boats up to 25 feet for approximately $100 per month. The property may be rented immediately, with a maximum of six months per year. Don’t miss this wonderful opportunity to own a comfortable coastal retreat in a friendly and welcoming community! Discover a true hidden gem in Silver Shores! This charming boutique co-op offers approximately 700 square feet of comfortable coastal living. This well-maintained 1-bedroom, 1.5-bath residence is offered furnished and features a spacious living area with a comfortable queen Murphy bed—perfect for accommodating guests. Recent upgrades include a newer roof, seawall, hurricane-impact windows and doors, split A/C system, and updated electrical. Enjoy beautiful views of both Lake Santa Barbara and the Intracoastal Waterway, while embracing a convenient and relaxed coastal lifestyle. Just a short walk from the beaches, shops, and restaurants! Boat Dock Space, New Roof! Seawall 2023! Dishwasher In Unit AC Splits 2024, Energy-Efficient Tankless Water Heater, Hurricane windows and doors! Can Be Rented Out Immediately! Bedroom Furniture Conveys! Don't Miss The Chance To Own This Gem In A Prime Location! Schedule A Viewing Today!

Property location

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3216 SE 12th St 8, Pompano Beach, FL 33062

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
650 sq ft

Exterior & Structure

Property type
StockCooperative
Year built
1961

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$565
County
Broward
MLS listing ID
A12002886
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

-$421

Cap rate
3.2%
Net yield
3.2%
Cash-on-cash return
-8.8%
Gross yield
10.1%
Mortgage payment
$971/mo
Down payment
$51,225
Loan amount
$153,675
Annual NOI
$6,609

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