257 S Cypress Road 401, Pompano Beach, FL 33060 — MLS photo

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257 S Cypress Road 401, Pompano Beach, FL 33060

Active · Condominium

$175,000

257 S Cypress Road 401, Pompano Beach, FL 33060

Beds
2
Baths
2
Living area
880 sq ft
$ / sq ft
$199/sq ft
Year built
1974
Lot size
—
HOA fee
$820
Annual tax
—

About this property

This beautifully maintained first-floor corner unit offers a warm and inviting atmosphere with thoughtful upgrades. Natural light fills every room, including the spacious screened-in patio, which offers an outdoor storage room. The condo boasts two master en-suites, each with remodeled bathrooms and walk-in closets. Brand new roof, elevators, freshly painted building. EV Stations being installed! The unit is offered fully furnished.. Enjoy a range of amenities, including a heated pool, sauna, two tennis courts, a billiards room, a BBQ area, shuffleboard, small library, and business center with a kitchen. The secured lobby, on-sitemanagement, and overnight security patrol (7 PM - 7 AM) provide added peace of mind. Pet-friendly community. Leasing allowed after one year (1x 365-day minimum).

Property location

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257 S Cypress Road 401, Pompano Beach, FL 33060

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
880 sq ft

Exterior & Structure

Property type
Condominium
Year built
1974
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$820
County
Broward
MLS listing ID
B26022121
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

-$170

Cap rate
4.5%
Net yield
4.5%
Cash-on-cash return
-4.2%
Gross yield
14.2%
Mortgage payment
$830/mo
Down payment
$43,750
Loan amount
$131,250
Annual NOI
$7,912

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