491 SE 19th Avenue, Pompano Beach, FL 33060 — MLS photo

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491 SE 19th Avenue, Pompano Beach, FL 33060

Active · Duplex

$1,500,000

491 SE 19th Avenue, Pompano Beach, FL 33060

Beds
—
Baths
0
Living area
2,754 sq ft
$ / sq ft
$545/sq ft
Year built
1966
Lot size
8,907 sq ft
HOA fee
—
Annual tax
$19,021

About this property

$300,000 PRICE REDUCTION | MOTIVATED SELLER | WATERFRONT INCOME OPPORTUNITY Rare opportunity to own a completely renovated waterfront duplex in the heart of East Pompano Beach, just about one mile from the beach with direct ocean access via canal and a private dock that can accommodate up to a 40-foot boat. This turnkey property has been rebuilt from the ground up and offers two fully independent residences: a spacious 3-bedroom, 3-bath unit and a beautifully updated 2-bedroom, 2-bath unit. Whether you're looking for a primary residence, vacation home, Airbnb opportunity, or investment property, this versatile duplex offers endless possibilities. Both units feature bright open-concept living spaces, contemporary kitchens with quartz countertops and stainless steel appliances, designer bathrooms, porcelain tile flooring, impact windows and doors, and stylish modern finishes throughout. The extensive renovations include a new roof, electrical, plumbing, HVAC systems with new ductwork, impact glass, fencing, landscaping, exterior lighting, driveway, walkways, and travertine accents, providing years of low-maintenance ownership. Perfect for an owner-occupant, live in one unit and generate income from the other, or maximize returns by operating both units as short-term rentals. With its prime location near the beach, boating, restaurants, the Pompano Beach Pier, golf, and entertainment, this property is ideally positioned to capitalize on the area's strong vacation rental demand. Properties offering waterfront living, direct boating access, income potential, and a fully renovated condition are hard to find. This is a unique opportunity to own a move-in-ready coastal investment in one of South Florida's fastest-growing waterfront communities. Seller is highly motivated. Bring all offers.

Property location

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491 SE 19th Avenue, Pompano Beach, FL 33060

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Facts & features

Interior

Bathrooms
0
Living area
2,754 sq ft
Flooring
Tile
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Main Living Area Entry Level, Bay Window

Exterior & Structure

Property type
Duplex
Year built
1966
Stories
1
Lot size
8,907 sq ft
Architectural style
One Story, Twin Home, Duplex
Roof
Concrete
Construction
Block
Exterior features
Other, Patio
Pool
None
Waterfront
Canal Access, Canal Front, Intersecting Canal, Ocean Access, Point Lot
View
Other, Water

Parking

Covered spaces
0

HOA, Community & Financials

Association fee
$0
Amenities
Boat Dock
Pets allowed
No
Annual tax
$19,021
Subdivision
CYPRESS COVE
County
Broward
Days on market
162
MLS listing ID
B26020260
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

-$1,397

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-4.0%
Gross yield
7.3%
Mortgage payment
$7,111/mo
Down payment
$375,000
Loan amount
$1,125,000
Annual NOI
$68,565

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