Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,454 sq ft
- Flooring
- Other
- Appliances
- None
- Cooling
- Other
- Heating
- Other
- Interior features
- Bedroom On Main Level, First Floor Entry
- Furnished
- Unfurnished
Active · SingleFamilyResidence
$315,000
1501 NW 3rd Way, Pompano Beach, FL 33060
- Beds
- 3
- Baths
- 2
- Living area
- 1,454 sq ft
- $ / sq ft
- $217/sq ft
- Year built
- 1954
- Lot size
- 6,806 sq ft
- HOA fee
- —
- Annual tax
- $1,749
About this property
This is a diamond in the rough—a hidden gem in a spectacular location—offering the opportunity to transform it into the home of your dreams; it represents a fantastic project to undertake. The property sustained fire damage affecting no more than 25–30% of the structure; a complete roof replacement is not required, as the damaged section can be repaired. Impact-resistant doors and windows were installed throughout the property in 2025. The fascia has been repaired, the home's exterior has been painted, and the lawn is mowed regularly in compliance with city requirements. The seller is highly motivated to close the transaction as soon as possible.
Property location
Get Directions1501 NW 3rd Way, Pompano Beach, FL 33060
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1954
- Lot size
- 6,806 sq ft
- Architectural style
- Detached, One Story
- Roof
- Other
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- None
- Pool
- None
- View
- None
Parking
- Garage spaces
- 0
- Covered spaces
- 1
- Parking features
- Covered, Driveway, Other
HOA, Community & Financials
- Annual tax
- $1,749
- Subdivision
- SANDERS PARK
- County
- Broward
- Days on market
- 156
- MLS listing ID
- A12010267
- Listing status
- Active
Virtual tour
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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
$1,312
- Cap rate
- 10.7%
- Net yield
- 10.7%
- Cash-on-cash return
- 17.8%
- Gross yield
- 13.3%
- Mortgage payment
- $1,493/mo
- Down payment
- $78,750
- Loan amount
- $236,250
- Annual NOI
- $33,662
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.