491 SE 16th Avenue, Pompano Beach, FL 33060 — MLS photo

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491 SE 16th Avenue, Pompano Beach, FL 33060

Active · SingleFamilyResidence

$1,675,000

491 SE 16th Avenue, Pompano Beach, FL 33060

Beds
3
Baths
3
Living area
2,537 sq ft
$ / sq ft
$660/sq ft
Year built
1973
Lot size
7,000 sq ft
HOA fee
—
Annual tax
—

About this property

This is a must see, truly unique and amazing waterfront/pool home located on a very quiet street in the highly sought after area of Snug Harbor in Pompano Beach. There are many remarkable home features and upgrades to this 3bd, 3ba, two story home. No HOA, one fixed bridge (12ft), a short boat ride to the Intercoastal and ocean. You're minutes from white sand beaches, amazing restaurants, endless shopping, world class golf courses and a boater's paradise right outside your back door. This is your own private oasis while being in very close proximity to I-95 and Florida Turnpike as well as the Ft Lauderdale Int'l Airport (FLL) and Pompano Beach Airport. The home is a perfect entertaining destination that has held numerous memorable special events and two magical and picturesque weddings!! This home boasts gorgeous landscaping including a very fruitful mango tree out front. For those with children, the Snug Harbor area is home to three A+ rated schools including private Pine Crest and Westminster Academies and Pompano Beach Magnate HS. PLEASE be sure to click on the amazing 3-D Matterport Visual Tour as well. Thank You

Property location

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491 SE 16th Avenue, Pompano Beach, FL 33060

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,537 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1973
Lot size
7,000 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
B26021905
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

-$3,314

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.5%
Gross yield
6.6%
Mortgage payment
$7,940/mo
Down payment
$418,750
Loan amount
$1,256,250
Annual NOI
$55,518

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